Helium Secures Regulatory Victory, Price Surges Amid DePIN Momentum

Sunday, April 13, 2025 12:00 AM
28,891
Helium Secures Regulatory Victory, Price Surges Amid DePIN Momentum cover

In a significant development for Helium and the Decentralized Physical Infrastructure (DePIN) movement, the U.S. SEC has officially dismissed its claims of unregistered securities against Helium with prejudice. This ruling means that the SEC cannot refile these charges, effectively clearing a major regulatory hurdle for Helium. As a result, the Helium Network and its associated tokens—HNT, MOBILE, and IOT—can now operate with renewed confidence. Following this announcement, the price of Helium (HNT) surged over 6%, reaching levels not seen in months, raising questions about its potential for further gains.

This regulatory clarity is a pivotal moment not only for HNT holders but also for the broader cryptocurrency landscape. The SEC’s acknowledgment that Helium Hotspots and its token distribution do not constitute securities removes a significant barrier to adoption. This development allows Helium to expand its operations globally, attract new partnerships, and pursue integrations without the looming threat of legal complications. The positive sentiment among investors is evident in the price charts, which reflect a bullish trend as Helium prepares for a new phase of growth.

From a technical perspective, Helium’s daily chart indicates a breakout, with the price climbing to $3.72 after weeks of consolidation. The token has reclaimed key moving averages, suggesting strong bullish momentum. If HNT maintains its position above the 100-day SMA at $3.71, it could target the 200-day SMA at $5.32, representing a potential 40% increase. Additionally, the hourly chart shows a recent parabolic spike followed by healthy consolidation, indicating that while profit-taking is occurring, the overall bullish trend remains intact. With the SEC’s decision paving the way for Helium’s future, projections for HNT could see it reaching between $5.00 and $6.00 in the near term, solidifying its status as a leader in the DePIN sector.

Buy Now at

Related News

Emerging Crypto Contenders: BlockDAG, Chainlink, Internet Computer, and Filecoin cover
4 days ago
Emerging Crypto Contenders: BlockDAG, Chainlink, Internet Computer, and Filecoin
In the ever-evolving landscape of cryptocurrency, identifying the best tokens requires a focus on real fundamentals rather than hype. Currently, several networks are demonstrating strong activity and infrastructure readiness, making them noteworthy contenders. BlockDAG stands out with a presale that has raised over $323 million, showcasing significant momentum and a robust community. Its presale price is set at $0.0030 for a limited time, with a target listing price of $0.05, indicating a potential 16x return for early investors. The project is also backed by credible audits and is preparing for broader accessibility through listings on major exchanges, enhancing its market exposure. Chainlink remains a strong player in the crypto space, trading around $11.90 after a recent token unlock. Despite the sell pressure, whale activity has surged, indicating continued interest. Chainlink's real-world applications in bridging on-chain and off-chain data through its Cross-Chain Interoperability Protocol (CCIP) are pivotal for its sustained relevance. Analysts are closely monitoring its price levels, with potential upward movement if it maintains support in the $12.00 to $12.85 range, showcasing its resilience amidst volatility. Internet Computer and Filecoin are also making strides in the crypto ecosystem. Internet Computer has achieved native integration with major blockchains, enhancing its multichain capabilities without the need for traditional bridges. Meanwhile, Filecoin is expanding its DeFi utility and cross-chain data storage, with significant activity in its ecosystem. Both projects are demonstrating real usage and innovative solutions, further solidifying their positions among the best cryptocurrencies available today. As the market continues to evolve, these networks are paving the way for future growth and adoption.
Helium Ecosystem Faces Selling Pressure Following Coinbase Delisting cover
4 days ago
Helium Ecosystem Faces Selling Pressure Following Coinbase Delisting
The Helium ecosystem is currently facing significant selling pressure, with its native token HNT experiencing a drop of over 5%. This decline follows Coinbase's recent decision to delist the deprecated Helium Mobile token (MOBILE) alongside other tokens such as Render (RNDR) and Ribbon Finance (RBN). The Helium Mobile price fell to an intraday low of $0.00026 on June 27, recovering slightly to $0.00027, yet it remains approximately 87% lower than its last December high of $0.0021. The delisting was prompted by the release of new token versions that did not meet the exchange's listing standards, leading to confusion among users, especially since Coinbase delayed the transition to the unified HNT token earlier this year. In addition to the HNT price drop, the subnetwork token IOT also fell over 5%. Analysis from CoinGlass indicates that the open interest in Helium Mobile's futures market has decreased by 16% in the past 24 hours, suggesting a bearish sentiment among traders. Furthermore, there has been an increase in transfers of HNT tokens to centralized exchanges, a trend that typically indicates growing sell-side pressure. The HNT token has slipped below its local support level of $2.308, indicating a lack of price stability and entering a descending channel, which is a bearish continuation pattern. Despite the current bearish momentum, there are hints of potential positive developments for Helium. The project has teased a possible partnership with Brazilian football legend Neymar, which could spark renewed interest in the Helium ecosystem. However, given the current market signals, including a Supertrend line indicating a sell trend and a declining RSI reading, the HNT token may continue its downward trajectory, with a potential drop toward the next key support level at $0.00020 likely. Investors should remain cautious as the market dynamics unfold.
AI-Powered Cryptos: The Rise of Bittensor, Mind of Pepe, and FloppyPepe cover
5 days ago
AI-Powered Cryptos: The Rise of Bittensor, Mind of Pepe, and FloppyPepe
In the rapidly evolving landscape of AI-powered cryptocurrencies, Bittensor (TAO), Mind of Pepe (MIND), and FloppyPepe (FPPE) are emerging as frontrunners poised to capture the attention of Silicon Valley venture capitalists. These projects are not only innovating within the blockchain space but are also laying the groundwork for an AI-driven Web3 economy. Bittensor allows users to earn by enhancing AI models on a decentralized network, while Mind of Pepe integrates AI into meme culture. FloppyPepe stands out by combining intelligent tools with crypto content creation, sentiment analysis, and community engagement, making it a strong candidate for exponential growth in the coming years. FloppyPepe (FPPE) is particularly noteworthy as it develops a comprehensive AI toolkit tailored for the next generation of crypto communities. Unlike its competitors, FloppyPepe boasts two AI agents and a chatbot, enhancing its influence in the digital space. Its innovative features include the Meme-o-Matic Machine, which generates viral memes, FloppyX, an AI video bot that revolutionizes crypto content creation, and FloppyAI, a personal chatbot that tracks trends and engages users. This multifaceted approach positions FloppyPepe as a significant player in the AI crypto market, with the potential for substantial returns on investment. As the market for AI cryptocurrencies heats up, FloppyPepe's presale offers a unique opportunity for early investors. With a low entry price and a promotional bonus for presale participants, the project aims to attract significant interest from both individual and institutional investors. Meanwhile, Bittensor is gaining traction with analysts who see it at a pivotal development stage, akin to Bitcoin's early days. Mind of Pepe has also made a strong debut, launching its AI agent to positive reception. As these projects continue to evolve, they represent a promising intersection of AI and blockchain technology, appealing to those looking for the next big opportunity in the crypto space.
DIMO Unveils Exciting Updates for Developers and Connection Oracles cover
5 days ago
DIMO Unveils Exciting Updates for Developers and Connection Oracles
As summer approaches, DIMO has rolled out several exciting updates aimed at enhancing the developer experience within its ecosystem. One of the key features introduced is the ability to log in using Email One Time Passcodes (OTP) alongside traditional passkeys. This update addresses the needs of DIMO Mobile App users who prefer using email OTP for authentication, ensuring a seamless login experience across both the mobile app and developer applications. Additionally, a new widget in the Developer Console has been added to simplify the generation of Developer JWTs, streamlining the prototyping process for developers. DIMO is not just about monetizing vehicle data; it is evolving into a comprehensive connected vehicle ecosystem. The introduction of DIMO Connection Oracles marks a significant step forward. These oracles are designed to maintain optimal, real-time connections between vehicles and authorized data consumers, such as Storage Nodes. Historically, Digital Infrastructure Inc. has managed these connections, but DIMO is now empowering partners to become Connection Oracles, broadening the network and enhancing data accessibility for developers. Looking ahead, DIMO is also preparing to implement a developer billing system, which will allow developers to pay for accessing user vehicle data. The billing model is designed to be fair and scalable, with developers able to top up their licenses in various currencies, including USDC. Each vehicle's data will be charged at a rate of $1.25 for 50,000 credits, which can be used for API calls and webhook triggers. This initiative aims to foster a vibrant ecosystem where more applications can be built on DIMO, ultimately strengthening the network and providing better services to users.
Market Analysis of Helium, Render, and Akash Network cover
6 days ago
Market Analysis of Helium, Render, and Akash Network
In the rapidly evolving landscape of Decentralized Physical Infrastructure Networks, key players such as Helium, Render, and Akash Network are making significant strides. Helium (HNT) has faced a challenging market, with its price plummeting over 44% in the past month and more than 66% over the last six months. Currently trading between $2.73 and $3.97, Helium's support level is around $2.31, while resistance is noted at $4.79. The bearish sentiment is palpable, with indicators suggesting oversold conditions, prompting traders to consider lower support levels for potential buying opportunities amidst market uncertainties. Render has also encountered volatility, with a 32% drop in the last month and a 54% decline over six months. Despite a slight weekly uptick of 1.16%, the overall trend remains bearish, reflecting low investor confidence. The current trading range is between $3.17 and $5.05, with support at $2.46 and resistance at $6.23. The negative Awesome Oscillator and subdued Momentum Indicator indicate that bears are in control, although there is some buying interest. Traders are advised to monitor these key levels closely for potential rebounds or pullbacks. Akash Network has not been immune to market pressures, experiencing a nearly 28.5% drop in the past month and a staggering 63% loss over six months. Trading within the range of $0.97 to $1.84, Akash's immediate support is at $0.65, with resistance at $2.39. The Relative Strength Index suggests a near-neutral zone, leaning towards oversold conditions. Traders might find opportunities based on breaks above resistance or retracements to support, with strategies including stop-loss orders just below $0.65. Each of these projects—Helium, Render, and Akash—addresses unique market needs, positioning them as significant players in the decentralized infrastructure space.
IoTeX Blockchain Upgrade: v2.2 Hard Fork and Optimistic Consensus cover
6 days ago
IoTeX Blockchain Upgrade: v2.2 Hard Fork and Optimistic Consensus
IoTeX, the Layer-1 blockchain designed for real-world decentralized applications, has successfully implemented its v2.2 hard fork at block height 36,893,881 on June 19. This upgrade introduces sub-three-second transaction finality, catering to latency-sensitive use cases such as on-chain AI agents, real-time DePIN networks, and event-driven DeFi. The reduction in block time to 2.5 seconds enhances user experience, enabling AI agents to trigger actions instantly, DePIN apps to sync with real-world events, and DeFi users to settle trades responsively. This low-latency experience is now available on a decentralized Layer 1, showcasing IoTeX's commitment to scalability without compromising security. IIP-42: Optimistic Consensus for Enhanced Throughput The v2.2 upgrade includes deep enhancements to IoTeX's Roll-DPoS consensus, featuring Optimistic Block Minting introduced via IIP-42. This mechanism allows block proposers to prepare the next block concurrently, boosting throughput and resilience. Innovations like proactive block preparation, fast fallback logic, and strict time-bound minting ensure smooth network operation under high loads while maintaining decentralization. Additionally, IoTeX introduces a timestamp-based staking contract (v3) for improved accuracy and adaptability, encouraging users to migrate for a smarter staking experience.
Signup for latest DePIN news and updates