Helium Mobile

Token

Helium

<ul>
 <li>Helium’s native token HNT surged 44% over a week — from $3.98 to a high of $5.57.</li>
 <li>In the last 24 hours, the daily trading of HNT recorded a spike of 225%.</li>
 <li>Currently, Helium upholds 401,817 decentralized mobile hotspots worldwide.</li>
</ul>
Decentralized Physical Infrastructure (DePIN) is generating buzz in the crypto community as the next revolutionary narrative in the realm. Among the projects leading this paradigm shift is Helium, a Solana-based decentralized wireless network builder. Over the past 24 hours, the protocol’s native token, HNT, has claimed a spot as one of the top gainers.
Helium (HNT) pumped over 17% to hit a high of $5.575. The token has noted a weekly surge of 44% from $3.98 to a high of $5.57. Analyzing its price chart with a 4-hour timeframe, HNT’s entry into an uptrend is underscored by a positive moving average cross (MA Cross).
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="1024" height="461" src="https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47-1024x461.png" alt="" class="wp-image-97123" srcset="https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47-1024x461.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47-300x135.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47-768x346.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47-1536x691.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/04/HNTUSDT_2024-04-29_13-50-47.png 1915w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">Helium (HNT) 4H Price Chart (Source: <a href="https://in.tradingview.com/symbols/HNTUSDT/?exchange=GATEIO" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
Notably, as per the above chart, the RSI (relative strength index) of HNT enters the overbought zone. At press time, this altcoin traded at $5.33 with a market cap of $856 million. Recording a surge of 225%, HNT’s daily trading volume reached $68.2 million.&nbsp;
Meanwhile, the other tokens of the Helium ecosystem also displayed positive market dynamics. First, MOBILE, the native token of Helium Mobile Network, recorded 1.65% in the last 24 hours to hit $0.002834. Second, IOT, the token of Helium IoT Network surged 15% to reach $0.001186.
<h3 class="wp-block-heading" id="h-how-has-helium-progressed-so-far">How Has Helium Progressed So Far?</h3>
Last December, the Helium Foundation introduced plans to expand its mobile coverage, starting with a $20 per month plan for mobile phones in the US market. Since then, it has amassed a subscriber base of 62,463.
Moreover, the count of Helium-powered mobile hotspots in the world has risen to 401,817. Notably, the revenue of the Solana-based DePIN project has remarkably increased by 3546.7% year-to-date (YTD), rising from $35.9K to $1.31 million.&nbsp;
Additionally, several other decentralized mobile plans, such as free WiFi and international roaming, have been added to encourage users to join the era of decentralized wireless mobile networks.

Solana-based DePIN Token Helium (HNT) Pumps 44%

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