Despite the overall market decline, Helium (HNT) has seen a 13% increase due to its new developments. A recent voting round passed HIP 124, which introduces rewards for users who participate in governance votes on the platform. This aims to boost voter turnout. The Carrier Offload Program has also expanded, leading to an increase in users on the network. However, despite positive developments, it is predicted that HNT will drop below $7.455 in the short to medium term. The token's RSI suggests that momentum is still with the bulls, but they have lost momentum since the start of the upward drive. It is advised to monitor the broader market as it could impact HNT gains in the long term.
- Content Editor ( newsbtc.com )
- 2024-09-08
Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market