Helium (HNTUSD) is a decentralized blockchain network powering wireless connectivity for IoT devices and mobile communications. Unlike traditional telecom infrastructure owned by corporations, Helium flips the model by allowing individuals to build and operate the network itself. The project operates through physical Hotspots that act as miniature cell towers, enabling global coverage. Operators earn rewards in HNT, the network’s native token. Helium’s Proof of Coverage (PoC) validates Hotspots. The project is unique but hasn’t fully paid off yet. HNT was launched in 2019, peaked in late 2021, and has seen renewed interest in 2023 and 2024, though this growth was small compared to its initial surge. This year’s developments show improved city coverage, including a mandatory governance reset, reduced emissions, and updated incentives. Helium now shifts to Solana to reduce latency and uses a Light Hotspots model. The network has posted significant data offloads from major carriers and increased user engagement. With these changes, the project is positioning itself for future growth.