Helium

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Overnight updates on April 20th at a glance
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According to reports, the decentralized wireless network Helium has successfully completed the migration work from the Layer 1 blockchain platform to Solana. As part of the migrati

According to reports, according to official Twitter, the decentralized wireless network Helium has announced plans to migrate to the Solana network: Helium blockchain will stop at

According to reports, the native Token HNT of Helium, the encrypted wireless network, fell more than 23% on Friday, and Coin An plans to delist it from the exchange. “From March 23rd, users will not be able to trade the token,” Binance, the cryptocurrency exchange, said in a statement.   HNT has fallen 17% in the past 24 hours Analysis based on this information:According to reports, Helium’s native token HNT experienced a significant fall of more than 23% on Friday. This comes just weeks after the cryptocurrency exchange, Coin An, announced plans to delist the token from their platform. Starting March 23rd, users will no longer be able to trade HNT on Coin An. The reason behind HNT’s poor performance is not entirely clear. However, it is possible that the delisting announcement by Coin An has led to a mass sell-off by panic-stricken investors. These investors may fear that other exchanges could also follow suit and delist HNT, further reducing…

It is reported that the date for the migration of the decentralized wireless communication network Helium to the Solana blockchain will be postponed from March 27 to April 18. This is the result of a vote by its preparatory working group, which aims to provide more time for community preparation, necessary governance votes, more testing, and operational improvements. （Medium） Helium postponed migration to Solana blockchain until April 18th Analysis based on this information:Helium, the decentralized wireless communication network announced that its migration to the Solana blockchain that was scheduled for March 27, has been postponed to April 18. The decision came after a vote by Helium’s preparatory working group, as they believe that more time is needed for community preparation, governance votes, testing, and operational improvements. The Helium network is a peer-to-peer wireless communication network that aims to create a distributed IoT infrastructure for tracking and communication. It uses a unique model called Proof-of-Coverage (PoC) to validate wireless coverage provided…

It is reported that Helium, the decentralized wireless communication network, officially announced that Binance.US plans to take off the HNT/USD and HNT/USDT trading pairs on March 21, 2023 before the migration of Solana. Although Helium Foundation is disappointed that Binance.US decided to take this action before the migration, we understand their position. Helium: Helium Wallet will immediately support native sub DAO token redemption after migrating to Solana Analysis based on this information:Helium, the decentralized wireless communication network, has reportedly announced that Binance.US is planning to remove the HNT/USD and HNT/USDT trading pairs on March 21, 2023, ahead of the Solana migration. Although the Helium Foundation expressed its disappointment, it understood the position of Binance.US. The move to remove the trading pairs comes as a surprise to many who expected that the migration of the Helium network to Solana would be a significant reason to maintain the trading pairs. However, it appears that Binance.US has decided to take this preemptive action…