Risk Wave
3057
Danger Zone
Helium's Risk Wave score is currently 3057/100 — placing it in the Danger Zone.
Helium is trading well above its long-term trend. Elevated risk — consider taking partial profits or tightening stop-losses.
Risk Wave measures how far HNT's price deviates from its long-term trend. Learn more →
Fear & Greed
9/100
Extreme Fear
Market Cap
$197.0M
Category
Infrastructure
Decentralized wireless network using blockchain to incentivize IoT coverage.
Investment thesis: Helium pioneered the concept of community-owned wireless infrastructure, creating a novel incentive model to build out physical network coverage without centralized capital expenditure. Its migration to Solana improved operational efficiency, and partnerships with mobile carriers have extended its 5G network ambitions. Investors see Helium as a bet on decentralized physical infrastructure networks (DePIN) becoming a viable model.
Key risks: Coverage density and real IoT device usage have lagged behind the number of deployed hotspots. Faces direct competition from traditional telecoms and other DePIN networks for mobile coverage. Token economics depend on sustained demand from IoT data transfer, which has been slow to materialize.
By Menno — 13 years in crypto, 3 bear markets survived, zero paid promotions
Last updated: March 2026
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