What is a highly anticipated event in the blockchain industry is the migration of the Helium network to Solana’s ecosystem. While this migration has brought up many questions from crypto enthusiasts about why and how this event will take place, it comes at the right time as the markets start recovering.
What is this migration all about? Why is it so necessary? How will it impact HNT and SOL prices in the perceived bull markets? We find answers to these questions and many more.
A New Era For Helium On Solana
As seen from a recent announcement made from Helium’s official Twitter handle, all roads lead to April 19th, when it is scheduled for the network to conclude its migration to Solana. The migration, which started yesterday, April 18th, at 9 AM PT/4 PM UTC, will be finalized today. This marks a new dawn and era for Helium as its network becomes highly scalable, reliable, and with added utility.
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Helium, popularly known for its decentralized wireless network infrastructure, has chosen to take the bold step of migration to the SOL network due to a more scalable platform and broader audience its host provides.
More to it is that the Helium network will receive support from Solana’s massive community and growing blockchain ecosystem.
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Author: Mudiaga Iritare