The Helium (HNT) token continues to demonstrate impressive results, surpassing a key resistance level. In recent weeks, the token has risen by 82.6%, reaching its highest level since March.
HNT Token Growth
Helium rose to $8.35, its highest level since March 14, surging by 182% from its lowest point in July. This makes HNT the best performer among all top 100 coins by market cap over the past 30 days.
Helium Network Testing
Helium recently gained momentum after revealing that its network was being tested by two major telecommunication companies in the United States. The tests involve a traffic offload program, where carriers redirect traffic to Helium's network during congestion. Reportedly, the testing attracted nearly 600,000 subscribers who transferred over 13.1 terabytes of data. Additionally, the network expanded to Puerto Rico, and Anchorage Digital added HNT to its self-custody wallet.
Futures and Trading Volumes
The volume of Helium traded on exchanges continues to rise, averaging over $25 million a day. On September 5, futures open interest jumped to $10 million, the highest since January. This is notable considering that Binance delisted HNT futures earlier this year.
Helium continues to impress with its performance and attract attention from key industry players due to rising trading volumes and successful network tests.
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