Solana
Helium is physical infrastructure at token scale: hundreds of thousands of real hotspots providing IoT and 5G coverage, with offload deals carrying actual carrier traffic. HNT is the network's core token: earned by hardware operators, burned for data credits that pay for real usage. Supply (186.2M) and every emission are verifiable on-chain.
Own a piece of the world's largest decentralized wireless network.
Prism analyst note
HNT is the cleanest pure-play on decentralized physical infrastructure: real radios, real coverage, real carrier offload, and real token volatility, since value flows from usage-driven burn rather than any asset backing. A $10k order filled at 1.6% impact when verified.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Decentralized wireless network (IoT + 5G hotspots)
- Legal structure
- Network utility token, not a claim on assets or revenue
- Jurisdiction
- USA (issuer); permissionless token
- Reserve information
- No reserves; value derives from network usage and token economics, verifiable on-chain.
- Transfer restrictions
- None; freely transferable SPL token.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Minimum investment
- $1.00
- Launched
- Apr 1, 2023
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers. 180K+