DePIN · rank #299

Helium HNT

HNT cycle analysis · chart, confirmed lows and fundamentals

$0.4215+1.5% 1d-3.5% 7d-11.8% 30d

Amber List Phoenix · weekly · score 40 mixed

83.8% below its 365-day high of $2.60 (2025-10-31), +152.4% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.16791.249.232024-052025-072026-10low 0.167 (98%)monthly trigger 0.9899
Where it stands

On the Amber List.

84% below its rolling 365-day high, 355 days after the high.

Phoenix weekly: stopped falling by the rules, +152.4% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 1

Last bars
2Dr 2Dr 3g 1r 1r
Confirmed low
$2.09 · 2025-06-30
Position
16 of median 4.5 (max 9)
Current low
$0.1670 · unconfirmed
Confirms above
$0.9899
Cycle-low confidence
92% · in band
Confirmed lows
5

Weekly 1

Last bars
2Ug 2Ug 1r 2Dr 1g
Confirmed low
$0.3855 · 2026-09-20
Position
5 of median 5.0 (max 19)
Current low
$0.3908 · unconfirmed
Confirms above
$0.4968
Cycle-low confidence
22%
Confirmed lows
27

Daily 2U

Last bars
3g 2Dr 2Ug 2Dg 2Ug
Confirmed low
$0.3963 · 2026-10-20 (daily)
Position
1 of median 5.0 (max 38)
Current low
$0.3963 · confirmed
Cycle-low confidence
23%
Confirmed lows
197
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 2.09 (Jun 2025), month 16 of a cycle that has typically run 4.5. Current low 0.167 is unconfirmed — it confirms above 0.9899. Cycle-low confidence 92%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.3855 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.3908 is unconfirmed — it confirms above 0.4968. Cycle-low confidence 22%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.3963 (2026-10-20), day 1 of a cycle that has typically run 5. Cycle-low confidence 23%.
  • Amber List: 84% below the 2025-10-31 high; +152% off the 365-day low.
  • Phoenix: 98% decline over 30 months, weekly swing low confirmed (next-bar), now +152% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.5713).
  • Gauges: Mayer multiple 0.82 (cheap); -96% from the all-time high.

Has Helium bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the HNT snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $2.09 from 2025-06-30. A newer candidate at $0.1670 is unconfirmed; its confirmation level is above $0.9899, provided the candidate low is not undercut first. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.3855 from 2026-09-20. A newer candidate at $0.3908 is unconfirmed; its confirmation level is above $0.4968, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.3963 from 2026-10-20. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Helium below its high?

The Coinbase price snapshot is 83.8% below its rolling 365-day high of $2.60 from 2025-10-31. Separately, CoinGecko reports -99.2% relative to its all-time high of $54.88 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. First observed: Amber List · Phoenix weekly

Phoenix

stopped falling, by the rules
Peak
$11.16 · Feb 2024
Trough
$0.1670 · Aug 2026
Decline
-98.5% over 30 months
Above trough
+152.4%
Monthly
not yet · trigger $0.9899
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #1 low $0.3855 confirmed 2026-09-27 · trigger $0.5713
Score 40
decline30
confirmation10
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health69 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
4.13 %12.1 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
299 #3 / 15
Age on Coinbase
survived a cycle
3.3 yrs7.9 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$97.0M
Fully diluted
$97.0M
24h volume
$4.0M
Circulating
193,371,323 of 223,000,000 max
All-time high
$54.88 · 2021-11-12 (-99.2%)
TVL
$0 (protocol)
Fees 30d
$0
Revenue 30d
$0
Fees 1y
$2.3M
Mayer multiple
0.824 · cheap
Pi cycle
0.186
On Coinbase since
2023-07-12 (1198 bars)
CoinGecko id
helium

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources