The Helium (HNT) Network has partnered with AT&T, one of the largest phone service companies in the United States. This partnership has caused the Helium price to rise by almost 19% in the last 24 hours.
According to Helium founder Amir Haleem, AT&T subscribers can now automatically connect to Helium Hotspots, paying $HNT to hosts for every gigabyte of data transferred. This allows users to access decentralized wireless networks while hotspot owners earn HNT as an incentive.
However, the partnership goes deeper than simple connectivity. Helium, in collaboration with the World Broadband Alliance, has developed real-time quality metrics that help telecom providers monitor the performance of WiFi offload connections.
AT&T is the first major carrier to adopt these tools, further legitimizing Helium’s role in the decentralized physical infrastructure (DePIN) movement.
The recent news has generated a lot of excitement in the Helium community. Many people are talking on social media about the project’s new achievement. Some call it a “game-changing partnership,” which combines the benefits of decentralized and traditional networks to improve the user experience.
HNT Price Surges Nearly 19% in 24 Hours
HNT’s price jumped nearly 19% in just 24 hours. After the announcement, the Helium price rose to $4.27, an 18.86% increase in one day. Trading volume soared by 281.80% to over $35 million.
The market cap now stands at $776.68 million, reflecting a growing confidence among investors. Also, with a Fully Diluted Valuation (FDV) of $954.43 million, Helium still has room to grow, especially as adoption scales.
Helium (HNT) was also among the top gainers in the market today, standing alongside other strong performers like SUI, FLOKI, and STX. This price rally has reignited speculation that HNT could soon return to its previous higher levels, last seen during previous bullish cycles.
Helium Price Garners Bullish Momentum
From a technical standpoint, Helium’s price action looks very promising. The daily chart from Central Charts shows that Helium (HNT) opened at $3.77, hit a high of $4.30, and closed at $4.28. The price also broke above a key resistance level at $3.73, known as the “Oblique Minor Resistance.”
Helium (HNT) has moved above its 50-day Simple Moving Average (SMA) of $3.14 and rose past the 100-day SMA of $3.44. This crossing indicates strong upward momentum. Additionally, the Bollinger Upper Band is currently at $4.30, which matches recent highs.
The next target for the HNT price is the psychological resistance at $5. If buyers maintain this pace, a breakthrough at that level appears likely.
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