Helium Launches Affordable Cell Phone Plan, HNT Surges Over 75%
Helium, a decentralized wireless network project built on Solana (SOL), has announced the launch of an affordable cell phone plan available in the United States. The plan, offered through Helium Mobile, costs $20 per month and provides unlimited phone services. This announcement has caused a significant surge in the price of Helium’s native token, HNT.
Previously, Helium Mobile had launched the service exclusively in Miami. However, it has now expanded nationwide. The company’s unique coverage model combines its partner’s 5G network with the Helium Mobile Network, which is built and operated by individuals who can earn MOBILE tokens for sharing data.
The collaboration with telecom giant T-Mobile allows subscribers to access the largest 5G network in the country. As a result of this announcement, HNT experienced a more than 75% increase in value, reaching a high of $4.71 before retracing to $4.16 at the time of writing.
Hot Take: Helium’s Affordable Cell Phone Plan Boosts HNT Value
The launch of Helium’s affordable cell phone plan in the United States has caused a surge in the value of its native token, HNT. By leveraging its partner’s nationwide 5G network and utilizing infrastructure owned by individuals, Helium is able to offer a more cost-effective alternative to traditional carriers. This innovative approach has attracted attention and resulted in significant market gains for HNT. As Helium continues to expand its services and partnerships, it will be interesting to see how this project further disrupts the telecommunications industry.
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