Preheat oven to 425°F. Line a baking sheet with foil and place a wire rack on top.
Pat wings completely dry, then toss with olive oil, salt, black pepper, smoked paprika, and garlic powder.
Arrange wings in a single layer on the rack, leaving space between each piece.
Bake for 40 minutes, flipping halfway, until deeply golden and crispy.
Melt butter in a small saucepan over medium heat. Add garlic and jalapeños, cooking 1–2 minutes until fragrant.
Stir in honey, lime juice, lime zest, and optional red pepper flakes. Simmer 3–5 minutes until slightly thickened.
Remove from heat and stir in chopped cilantro.
Transfer hot wings to a large bowl and toss with the jalapeño lime sauce until evenly coated.
Serve immediately with lime wedges on the side.