bitcoin
Bitcoin (BITCOIN)
$104,125 1.16%
ethereum
Ethereum (ETHEREUM)
$2,680 7.57%
binancecoin
BNB (BINANCECOIN)
$664.64 0.39%
solana
Solana (SOLANA)
$183.06 5.25%
ripple
XRP (RIPPLE)
$2.58 1.80%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000016 3.33%
pepe
Pepe (PEPE)
$0.000014 6.30%
bonk
Bonk (BONK)
$0.000023 0.26%
bitcoin
Bitcoin (BITCOIN)
$104,125 1.16%
ethereum
Ethereum (ETHEREUM)
$2,680 7.57%
binancecoin
BNB (BINANCECOIN)
$664.64 0.39%
solana
Solana (SOLANA)
$183.06 5.25%
ripple
XRP (RIPPLE)
$2.58 1.80%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000016 3.33%
pepe
Pepe (PEPE)
$0.000014 6.30%
bonk
Bonk (BONK)
$0.000023 0.26%
bitcoin
Bitcoin (BITCOIN)
$104,125 1.16%
ethereum
Ethereum (ETHEREUM)
$2,680 7.57%
binancecoin
BNB (BINANCECOIN)
$664.64 0.39%
solana
Solana (SOLANA)
$183.06 5.25%
ripple
XRP (RIPPLE)
$2.58 1.80%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000016 3.33%
pepe
Pepe (PEPE)
$0.000014 6.30%
bonk
Bonk (BONK)
$0.000023 0.26%
Disclosure
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Helium Price Prediction – Why HNT Could Soon Rally to $4

Highlights:

  • Helium is one of the top-performing cryptocurrencies intra-day
  • HNT rally driven by strong core fundamentals and growing partnerships
  • Helium could hit $4 or higher if bulls sustain momentum

Helium (HNT) is one of the best-performing cryptocurrencies today. At the time of going to press, It was up 10% to trade at $3.44. Helium’s intra-day price increase could be associated with the general cryptocurrency market recovery. However, Helium is standing out due to the string of positive news coming out of its ecosystem and strong core fundamentals.

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Helium Core Fundamentals Strong

Helium is creating a wireless communication network for IoT devices. This technology enables smart devices to interconnect and communicate seamlessly. Helium is emerging as the most essential building block in the evolution of communication networks based on blockchain technology.

Helium is essential for building a reliable and decentralized infrastructure for IoT, enabling new opportunities in the data economy. The network provides the needed connectivity level, allowing businesses and developers to deploy scalable and efficient real-time applications.

The Helium ecosystem stands out due to its emphasis on sustainability and efficiency. The network ensures high connectivity while optimizing resource utilization, which provides a responsible and scalable approach to decentralized communication.

Helium Is Expanding Through Strategic Partnerships

The best part is that Helium is expanding, a factor that could add value to the token in the future. The latest such partnership is with Mexico’s Movistar, one of the largest telecommunications providers. The goal of the partnership is to improve Movistar’s decentralized wireless coverage.

Helium’s decentralized network is now accessible to Movistar’s 2.3 million subscribers. Mobile data can now also be streamed to the growing network of hotspots, greatly enhancing the network’s quality and efficiency.

Incentives to Drive Network Growth and Helium Price Momentum

Helium has also developed a new grant program targeted at network growth. Helium Foundation’s Grant Program Depositors can qualify for a 50% rebate on purchasing outdoor mobile hotspots. The idea is to increase participation in network expansion, which is a big deal in growing the Helium network.

Helium Integrates with Ubiquiti and Passpoint Wi-Fi Technologies

Another important milestone is the integration of Helium with Ubiquiti and all other Passpoint-enabled Wi-Fi networks. This new development can earn HNT rewards for Helium Mobile user support, which is a big deal as it further increases the network’s adoption and utilization. 

As evident from its roadmap, Helium takes a systematic approach to expanding the ecosystem. In the immediate future, the project seeks to increase enterprise engagement by adding more IoT integration and offering sophisticated developer tools. This is a big reason for investors to be bullish on Helium in the short term.

Helium Partnerships with Global Carriers: A Reason for Value Growth

In the midterm, Helium looks to increase its scope worldwide by establishing key alliances with telecom carriers and IoT device producers. These partnerships will aid in the growth of the network and its applicability across various sectors.

Helium also plans to strengthen its position in decentralized connectivity by expanding its solutions to include more types of network infrastructure, such as 5G. Essentially, Helium is making moves that guarantee network strength in the long term. This may explain the rising money flow into Helium relative to other altcoins.

Technical Analysis – Helium Price Trading at Resistance After Rebound

Helium has made a strong rebound after bears rejected it at $2.80 on March 4. It is now trading at a key multi-day resistance at $3.61. If bulls push the price through this resistance, then a rally to $4.24 could follow.

Helium
Source: TradingView

On the other hand, if bears take control, the key level to watch would be the $2.80 low, which is now support. A crash through $2.80 could cause Helium to drop to prices below $2 in the short term. However, with all the partnerships Helium is announcing, a rally through resistance is more likely.

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