Bittime – Decentralized Physical Infrastructure Network (DePIN) , marks the era of digital transformation. Helium, which operates on the Solana blockchain, is at the forefront of this change. Listen to the discussion of this TheNewsCrypto analysis.
Helium Price Movement (HNT)
In just one day, Helium's native crypto asset, HNT, has surged, marking its position as one of the top gainers. Helium's HNT value has surged more than 17%, peaking at $5,575.
Over the course of the week, the token has seen an incredible 44% increase, rising from $3.98 to its current peak. A closer analysis of the 4-hour price chart shows a bullish trend, characterized by a favorable moving average crossover.
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As a key indicator, the Relative Strength Index (RSI) shows that HNT is currently in overbought territory.
As of the last update, HNT is trading at $5.33, with a market cap of $856 million.
HNT trading volume has surged 225%, reaching $68.2 million in daily transactions.
Simultaneously, the Helium ecosystem token is also riding the wave of positive market sentiment. MOBILE, the dedicated token for the Helium Mobile Network, has seen an increase of 1.65%, reaching $0.002834. Meanwhile, IoT, Helium's IoT Network token, has jumped 15%, reaching $0.001186.
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Milestones and Helium Growth
In a strategic move last December, the Helium Foundation revealed its ambitions to expand mobile network access, starting with an affordable $20 monthly plan in the US market. This initiative has managed to garner a customer base of 62,463 to date.
Furthermore, the global spread of Helium mobile hotspots has reached a new milestone, with the number now standing at 401,817. Impressively, the Solana-backed DePIN initiative's revenue has soared 3546.7% since the start of the year, rising from $35.9K to an astonishing $1.31M.
Also Read How To Buy Crypto:
Conclusion
To support the adoption of decentralized wireless networks, Helium has introduced additional cellular plans, including free WiFi and international roaming options, paving the way for users to embrace this new decentralized connectivity narrative.
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How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also
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What is Helium Network (HNT)? How it Works, Main Features and Tokenomics
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Helium (HNT) Becomes the Best Altcoin to Buy Now? The Price Reaches 50%
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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