This Altcoin Has Decided To Move To Solana (SOL) Network! Will it be reflected in the price?

Decentralized wireless network project Helium (HNT) has made an important decision.

Token holders according to yesterday’s voting results Heliumfrom your own network wither approved the network.

81.41% of the community members who participated in the voting approved the transition to the Solana network. Helium The improvement proposal officially approved the HIP 70.

According to the final results, 6177 members are worth $57 million HNT Voted in favor of transitioning to SOL by staking. 1270 members voted against it.

Helium’s Compatibility Will Increase

According to the Helium foundation, this change will contribute to making the project more compatible with DeFi, NFT and Web3 applications.

Helium Foundation COO Scott Sigel said of the approved upgrade:

“The Solana network has a proven track record of powering the world’s most important decentralized startups. These were the most important factors in choosing them for our partnership.

Moving to the Solana blockchain will allow us to focus more on scaling the network. Otherwise, most of our time was spent managing the network.”

A new version of the Helium wallet app will be available after the network transition. The history of the previous blockchain will continue to be public.

HNT, which fell 95% from its peak, is trading at $4.68 as of our news.

Transition to Solana network in the coming months HNTWe will be watching whether it will make a positive contribution to the price of .

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