Wen Solana? Wen Helium? Latest Updates on Migration Set for Q1
The Helium Foundation said in an AMA that the IoT platform's migration to Solana is still on track for the first quarter of 2023.
News From Solana Transition AMA
Members of the Helium community have all eyes on the upcoming migration of the Internet of Things (Iot) ecosystem to Solana. The telecom platform recently shared updates on the transition in an AMA, and shared the highlights via a Twitter thread.
The headline news item from the Helium Foundation is that the migration is still on schedule for the first quarter of 2023.
Likewise, the Solana team is also paying close attention to Helium’s progress.
The next Solana Transition AMA is scheduled for Jan. 26.
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:
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.
Author
Related News
Algotech’s Game-changing $3.1M Presale Grabs Attention From Dogwifhat (WIF) As SUI Surges
Sui (SUI) price surges due to increasing user base and strategic collaborations. Dogiwifhat’s investors turned to Algotech after WIF faced speculations about further price drops.
After a correction phase in the broader crypto market, many coins are gaining momentum once again. Sui (SUI) has emerged as a stand-out choice for investors amid market recovery with its readily expanding user base and positive price trend.
In the meme coin space, Dogiwifhat (WIF), after leading the meme coin rally in the past week, is showing a downward trajectory. Due to WIF’s utter hype-oriented tokenomics, investors are speculating about its long-term viability and are shifting to projects with real-time utility in the Defi sector.
SUI shows strength after reaching 600k daily active accounts
Sui (SUI) is making notable strides in the crypto space with a massive surge in price momentum and trading volume. The project has made headlines, notably after the announcement of THORwallet’s integration with Sui for staking purposes. This collaboration streamlines staking, providing users with a simpler and more accessible way to enhance blockchain security and efficiency.
Sui recently achieved a major milestone, surpassing 600K daily active accounts. According to DeFiLama data, Sui's total value locked (TVL) has a favorable short-term trend. With the project's commitment to bringing new dApps online, there is potential for this price momentum to persist in the long run.
At present, the SUI token is valued at $2.1, indicating a notable surge of 13% on the intraday chart. The network is experiencing substantial investor activity, evident by a 140% surge in trading volume. With an optimistic outlook on the project, SUI is demonstrating the massive potential and is poised for significant gains in the upcoming weeks.
WIF whales shift focus after the price drops 4.5% in 24 hours
Dogifiwhat's (WIF) recent surge in the meme coin frenzy due to massive whale traffic has started to fade. The token flipped many meme coins in its recent rally to a $3B market cap just after months of launch, which proved to be a significant milestone for the meme coin. WIF price has dropped by 4% in a day, along with a declining market cap.
While some analysts indicate a positive comeback for the token, others predict a further decline in its price towards $2 by mid-April if the current trajectory persists. Amid these speculations, WIF investors are turning their attention to an emerging project currently in its presale phase, expected to yield 1200x returns once it launches on major exchanges.
Algotech (ALGT) grabs market by surge with its $3.1 million presale
Algotech (ALGT) has stolen the spotlight from meme coins like WIF as having more upside potential for massive gains. With a ground-breaking presale of $3.1 million in stage 2, Algotech stands out as the top choice for investors in the crypto sector.
The algorithmic trading platform of Algotech offers cutting-edge features like momentum trading, breakout detection, and arbitrage trading. Supporting over 10,000 trading pairs, the platform aims to empower traders with automated trading strategies and key market stats to capitalize on investments.
With over 75 million tokens sold in just three weeks to 9,000 unique holders, ALGT tokens are currently in hot demand. Investors are rushing to grab the tokens at $0.06 before they go up to $0.08 in the next round. Analysts predict that the token will reach $1 before it hits major exchanges, which makes this an ideal time for early investors to join Algotech.
Learn more:
Disclaimer: 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 $400. 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 $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.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Try Now!
Sign up Now
Coming Soon
WIN BIG
Coming Soon
Start Earning Today!
Earn Now
Coming Soon
Sign Up Now
Play & Mine!
Coming Soon
Editors Choice
Other Currencies
- nameLTBuyLitecoin
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyEOS
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyMonero
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyBitcoin Cash
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0%