HNT

Helium

SolanaLayer 1DePIN

Price
$0.3234
24h
−3.7%
7d
−15.2%
Market cap
$64.6M
24h volume
$2.4M

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Report

Helium (HNT) is a communication on Solana. The project's stated purpose: Token of Helium, a decentralised wireless network of user-hosted hotspots; described as the currency of connectivity that funds the network. The project names 5 people behind it. Its source is public and it has a technical whitepaper. 199.9M of a maximum 223M are in circulation, or 90%. It ranks 368th by market capitalisation among the coins tracked here.

Helium is a decentralized machine network powered by a physical blockchain. The network is created by gateways who also double as miners on our network. These gateway operators can earn tokens based on coverage they provide as well as transaction fees gained from machines connecting to their gateway

Helium is a new cryptocurrency. Hotspots earn for providing and validating wireless coverage and when devices on the network connect to the internet through Hospots

Helium is mined and distributed to Hotspot Owners, Helium Inc, and investors. There is no pre-mine of Helium, and every month approximately 5,000,000 new Helium are minted.

At the end of each mining period, roughly every 30 to 60 mins, Helium is distributed according to the allocation shown:

Helium's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
199.9M
Total supply
199.9M
Max supply
223.0M

Supply as of 23h ago

Research

Researched on 31 August 2026

  • Team named yes
  • Whitepaper substantive yes
  • Source public yes

Named by the project: Amir Haleem · Andrew Allen · Andrew Thompson · Marc Nijdam · Rahul Garg

The project's claims

  • Claims to replace cell towers with small user-hosted devices called Hotspots providing affordable connectivity. source
  • The whitepaper states it is a continuous work in progress and that the implementation is likely to differ from what it describes. source
4 sources checked