Decentralized communications network Helium Network (HNT) announced the date of transition to Solana (SOL) blockchain.
In a post published on the official blog site by Helium on February 17, March 27 officially announced the transition to Solana blockchain. The protocol, in total, more than 24 hours said it will continue. Since the transition date was set, the native tokens of both altcoins, which have been frequently at the center of criticism by the cryptocurrency ecosystem, have averaged 20% gained value.
According to the information provided, the current Helium blockchain during the transition will cease its operations. Proof of Coverage (PoC) And data transfer whereas will not be affected. Also after the blockchain is stopped validators generate new block will leave and transactions are synchronized will not be.
After all accounts and tokens have been migrated to Solana, the Helium blockchain will have a final backup will be taken and hotspots NFT aspect will be printed. Users past within 24 hours rewards arising from proof of scope post-transition to their wallets can request.
Transition on September 22 HIP-70 your proposal 80% of It was accepted after receiving positive votes on it. Helium Foundation, the company’s transition to Solana scalable in a way to create and manage a wireless network to success will enable it to reach access to facilities He said he could provide.
Helium’s native token since the announcement HNT, 2.52 from dollar levels 3.04 rising to dollar levels 20.63% gained value. On the other hand, it gained popularity after the criticism it suffered after the FTX bankruptcy. largely lost Solana’s native token LEFT whereas 22.34 at dollar level 26.55 up to the dollar level 18.8% increase in value lived.
According to CoinGecko data HNT at the time of writing 2.99 at dollar level LEFT whereas 26.75 traded at the dollar level.