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Helium (HNT) is a cryptocurrency launched in 2017 by a team of blockchain entrepreneurs and engineers. Heleum is designed to be the decentralized backbone for the forthcoming Internet of Things. It is powered by a proof of stake consensus algorithm, and its aim is to enable peer-to-peer networks of connected devices.

At present, Helium (HNT) is ranked 83rd on CoinMarketCap with a market capitalization of $1.6 billion and a daily trading volume of over $60 million. It was recently listed on major cryptocurrency exchanges including Coinbase, Kraken, and Huobi Global, which has helped to boost its liquidity and global TRX Rankings. The coin is listed as BTC, ETH and USDT trading pairs across the exchanges.

Helium (HNT) is being used by a growing number of enterprises targeting IoT applications, and there are ongoing projects and partners working to increase the coin’s utility features. The coin’s blockchain technology is curved to enable secure and cheap transactions between connected devices. The blockchain platform is also open to developers to run applications on it.

The Helium Foundation, a nonprofit organization that safeguards the development of the Helium network, recently opened the Hnt Wallet library, where people can store and manage their Hnt assets. Additionally, the team has announced plans to launch Helium Hotspots and a rental marketplace for device owners.

The Helium network is rapidly gaining traction and popularity, especially with its recent listing on Coinbase. As the coin grows, its ranking in the global crypto-ranks is expected to improve.