What could affect HNT's future price?

TLDR

Helium (HNT) is poised for potential price fluctuations driven by its recent halving event, ongoing partnerships, and the broader helium market dynamics.

• Market Dynamics – The global helium shortage is expected to drive demand, potentially increasing HNT's utility and price in the next 6-12 months.
• Partnerships – New collaborations with major telecom companies could enhance HNT's adoption and utility, impacting price positively in the short term.
• Technical Analysis – HNT is currently facing resistance around $2.80, with support levels at $2.26, indicating a critical price range for future movements.

Deep Dive

1. Global Helium Shortage (Bullish Impact)

• Overview: The helium market is experiencing a significant shortage, with demand projected to double by 2035, driven by its essential role in sectors like healthcare and technology. The market was valued at $30.4 billion in 2024 and is expected to reach $46.8 billion by 2034. Spot prices have risen from an average of $380/MCF in 2024 to $450/MCF in Q1 2025, with some markets seeing price increases exceeding 400% in recent years.
• What this means: As helium becomes scarcer, the utility of HNT, which is tied to the Helium network's ability to provide decentralized wireless services, could see increased demand. Historical precedents, such as the rise in prices of other commodities during shortages, suggest that HNT could experience a price surge if the helium supply remains constrained.

2. Strategic Partnerships (Bullish Short-Term)

• Overview: Helium has been actively forming partnerships with major telecom companies to enhance its network capabilities. For instance, recent announcements indicate that Helium Mobile has been shortlisted for the Glotel Awards for "5G Innovation of the Year," highlighting its growing recognition in the telecom space. These partnerships are expected to expand the user base and increase the demand for HNT.
• What this means: Increased adoption through partnerships can lead to a higher demand for HNT, potentially driving its price up in the short term. Similar projects in the past, like the rise of decentralized finance (DeFi) platforms, have shown that strategic partnerships can significantly boost token prices.

3. Technical Analysis (Mixed Impact)

• Overview: Currently, HNT is trading at approximately $2.26, with a resistance level around $2.80. The recent halving on August 1, 2025, which reduced annual HNT emissions, could create upward pressure on the price if demand increases. However, the price has shown volatility, and the support level at $2.26 is critical for maintaining upward momentum.
• What this means: If HNT can break through the resistance at $2.80, it may signal a bullish trend, potentially leading to higher prices. Conversely, if it fails to hold the support at $2.26, it could indicate bearish sentiment, leading to further declines. Traders should watch these levels closely for potential trading opportunities.

Conclusion

The future price of HNT will likely hinge on the interplay between the helium market dynamics, strategic partnerships, and technical price levels. As the helium shortage continues to evolve, will Helium's innovative approach to decentralized wireless services be enough to sustain its growth amidst increasing competition?