Lone Survivor: Helium (HNT) Soars 18% As Most Cryptos Collapse

September started weak for the broader crypto market as it burned down 3% in favor of the bears. Despite this, Helium (HNT) continues to shrug off the fear, uncertainty, and doubt that plague the market environment. According to CoinGecko, HNT went against the market consensus, rising over 16% since last week — and outperforming the top 100 cryptocurrencies on Monday.

The Helium ecosystem boasts astonishing gains as it experiences continued and strong on-chain developments, several of which contributed to HNT’s short-term squeeze. The question is whether the token will continue to push through the bearish storm or succumb to the market’s will. 

A Strong Monthly Start For Helium 

Although the broader market remains exceedingly bearish, Helium in itself is performing well with multiple developments that support the ecosystem to flourish long-term.

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— Helium