- Sharp Increase of HNT Value
- Upcoming Monthly Helium Network Community Call
- Partnerships with Major US Carriers
HNT, the native token of the Helium network, is leading the surge among the top 100 cryptocurrencies today, outperforming other altcoins that are mostly in decline.
Sharp Increase of HNT Value
On Aug. 27, the price of Helium (HNT) soared 14% to $7.17, while the crypto asset’s market cap surpassed the $1.6 billion mark. HNT’s daily trading volume also increased by 160%, reaching $31 million.
Upcoming Monthly Helium Network Community Call
The latest jump in HNT’s price comes as a community call is set for Aug. 28 at 16 UTC to provide updates and debates on the Helium Network. The monthly event brings together developers, hotspot owners, and community members to discuss protocol governance and other Helium ecosystem-related concerns.
Partnerships with Major US Carriers
Recent talks in the crypto space have focused on Helium’s potential to transform wireless infrastructure. The network is apparently in contact with two big US carriers who are testing offloading their traffic to the MOBILE network. According to Helium’s statistics page, the network has about 20,000 active hotspots for MOBILE and 360,000 locations for IoT solutions. If effective, the carriers might save money and provide greater coverage, while Helium would benefit from increased traffic and funds flowing to hotspot providers.
Current data shows growing interest in HNT, as evidenced by the increase in open interest and positive relative strength index indicators. Helium has the potential for further growth if current trends continue.
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