One Solana (SOL)-based altcoin undertaking is hovering after the undertaking issued a serious announcement.
Decentralized wi-fi community undertaking Helium (HNT) announced Tuesday the launch of a brand new reasonably priced cellular phone plan over its community accessible to these in the US.
Says Helium Cellular,
“It’s right here. Our nationwide $20/month limitless telephone plan is now accessible! The common American spends $157/month on their telephone plan, however beginning in the present day, anybody within the US can be a part of Helium Cellular and say goodbye to overpriced payments.”
HNT soared from a low of $2.74 on Tuesday to a excessive of $4.71 on Wednesday, a greater than 75% enhance. HNT has since retraced and is buying and selling for $4.16 at time of writing.
Helium Cellular initially launched the service solely to these in Miami earlier this yr.
On the time, Helium Cellular stated,
“We’re launching in a single metropolis to proceed to scale our distinctive protection mannequin that mixes our associate’s nationwide 5G community with the people-built, open-source Helium Cellular Community.”
Helium says the service is extra reasonably priced than conventional carriers as a result of its mannequin leverages infrastructure owned by people who can earn MOBILE tokens for sharing knowledge. The corporate additionally teamed up with telecom large T-Cellular to provide subscribers entry to the nation’s largest 5G community.
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