Helium Successfully Completes Massive Layer-1 Migration to Solana Network
Solana calls the Helium move ‘one of the most significant’ L1 migrations ever.
Helium Live on Solana
The Helium Network has successfully completed its transition to Solana, which described the move as “one of the most significant layer 1 blockchain migrations ever.”
Welcome, @helium 🎈
— Solana (@solana) April 19, 2023
The Helium Network has completed its upgrade and has finished migrating to Solana. https://t.co/nTICE0Y6aa pic.twitter.com/CjiHjsANob
Helium, comprising an telecom-oriented Internet of Things (Iot) ecosystem, had been planning the migration for many months.
“Migrating the Helium Network to Solana offers significantly more utility for the network, including faster transaction speeds and new smart contract capabilities,” according to a Helium blog post.
While the overall migration was a success, there were still some loose ends that needed to be tied up. The Helium Foundation noted some specific issues with rewards and the Helium Wallet App, for example.
The @helium migration to @solana is an incredible engineering feat for any blockchain project. Although the major parts of the migration are complete, there are a few issues we continue to track across development teams in the ecosystem. The latest information is on Discord. 1/6
— Helium Foundation 🎈 (@HeliumFndn) April 20, 2023
The migration, remaining issues, and future roadmap are on the agenda for a Helium AMA scheduled for 16:00 UTC on Thursday.
Set a reminder! Join the Helium Foundation for an AMA on @helium in a Post-Migration world. What happens next? Ask and find out. https://t.co/AONUkWCv2c
— Helium Foundation 🎈 (@HeliumFndn) April 20, 2023
What Is Helium Network:
According to CoinMarketCap, Helium (HNT) is a decentralized blockchain-powered network for the Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium aims to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Learn more about Helium Network:
What is Solana:
Solana is a public, open-source blockchain that allows for smart contracts, non-fungible tokens (NFTs), and various decentralized applications (dApps). The SOL token, which is native to Solana's blockchain, provides network security through staking as well as a means of transferring value.
Learn more about Solana:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Best AI Cryptos in April 2024: Fetch.ai (FET), Render (RNDR), and Algotech (ALGT)
This article covers the latest developments on Fetch.ai price, Render updates, and Algotech (ALGT) in April 2024. It also explores their predictions and presale.
As the crypto market changes, AI-based coins like Fetch.ai (FET), Render (RNDR), and Algotech (ALGT) continue to captivate attention with their cutting-edge projects. Let's explore their updates and predictions for April 2024.
Fetch.ai (FET) is riding the wave of AI adoption with a 697% price rally
Fetch.ai (FET) has created waves in its development sector, fueled by the enhanced adoption of AI tokens in various aspects. Notably, the coin has witnessed a remarkable upward trajectory, with a whopping 697% price rally in the last year.
The coin outperformed 91% of the top 100 digital crypto assets. Trading of FET has been near its cycle surge of 2.93%. With enhanced liquidity based on its market capitalization, the token stays a formidable contender in the crypto market.
Sustained momentum and bullish predictions propel investor confidence
Impressively, the performance of Fetch.ai remains outstanding, with 17 out of 30 days closing with green candlesticks, reflecting maintained positive momentum. currently, the trading position of Fetch.ai is at 232.60% beyond the 200-day simple moving average, signaling a strong bullish trend.
Market analysts expect continuous growth for Fetch.ai, with anticipations suggesting a potential hike of over $4, going as high as $4.14 by 2024. These predictions highlight the increasing confidence in Fetch.ai's path and its potential to deliver considerable gains for investors in the upcoming months.
Render (RND) soaring to new heights with a 56.18% surge
Render is witnessing highs like in March the token has seen a remarkable 56.18% value surge, with its market cap increasing from $2.42 billion to $4.78 billion in a short span of a week.
According to Advanced AI algorithmic anticipations, there are further gains expected for RNDR, with potential value targets of $38.05 in the following month and $30.90 in the coming year, representing considerable surges of 237.32% and 173.94%, respectively.
The market hike surrounding Render (RNDR) signals increasing interest from traders and investors, with a monthly uptrend of 52.24% reflecting momentum building. However, in this scenario, caution must be observed as sharp surges can result in corrections, potentially challenging support levels at $5.09 in the short term.
Despite short-term volatility, Render's long-term outlook stays promising. A six-month hike of 653.93% signals notable growth potential, solidifying the coin's position as a vital player in AI and decentralized computing.
Algotech is on an upward trajectory with outstanding presale performance, exceeding 3.1M
Algotech is emerging as a promising opportunity for investors. The algorithmic trading platform leverages advanced machine learning to empower traders. The algorithmic trading platform has stunned the crypto community with its impressive presale.
Surpassing 3.1 million and reaching over 8,500 unique holders, Algotech (ALGT) has set new highs for newcomers in the DeFi space. Investors are looking to seize the opportunity to invest in the platform and receive early investor benefits.
Currently, the token is priced at $0.06, which is an enticing opportunity for investors before the price increases to $0.08 in the next stage. Analysts say the token price could soar to $1 once listed on major exchanges, increasing the potential returns.
Learn more:
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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