Points
- Helium (HNT) has surged by 36.9% over the last seven days.
- Helium Mobile has surpassed 100,000 mobile subscribers, contributing to its growth.
- The Helium network is being tested by major US carriers.
- Despite the recent rally, HNT faces resistance at $5.230, with potential slowdowns expected.
Helium Outperforms DePin Tokens Amidst Growing Adoption
Helium (HNT) has showcased impressive growth, outperforming other tokens in the Decentralized Physical Infrastructure Network (DePin) sector. Over the past seven days, HNT has surged by 36.9%, driven by significant milestones and expanding adoption.
Milestone Achievement: 100,000 Mobile Subscribers
Helium Mobile has recently surpassed a major milestone, reaching over 100,000 mobile subscribers. This achievement has played a crucial role in boosting Helium’s network and its token’s value. According to a Dune dashboard, Helium Mobile has recorded a total of 103,081 subscribers, with an 8% increase in monthly subscribers represented through non-fungible tokens (NFTs).
Network Testing by Major Carriers
Amir Haleem, the founder of Helium, revealed that two of the three major US carriers are currently testing the Helium network. This beta testing phase involves 23 hotspots and has already served over 183,000 subscribers. The participation of major carriers in testing Helium’s network underscores its growing influence and potential for widespread adoption.
Price Analysis and Future Prospects
Despite the recent rally, Helium’s HNT token faces resistance at $5.230. The Relative Strength Index (RSI) has reached 77, indicating that the token is in an overbought zone. This suggests that a temporary pullback might occur due to mounting selling pressure. However, if the momentum sustains, HNT prices could stabilize between $4.926 and $5.230, allowing the RSI to cool down before resuming its upward trajectory.
Beincrypto
Year-to-Date Performance and Cautious Optimism
It’s important to consider Helium’s year-to-date performance, which remains approximately 30% down. This contextualizes the recent gains as a recovery phase rather than an outright boom. Investors are advised to maintain cautious optimism, recognizing that the recent rally represents a rebound from previous lows.
解説
- Milestone Achievements: Reaching over 100,000 mobile subscribers is a significant milestone for Helium, demonstrating the network’s growing adoption and potential. Such achievements are crucial for boosting investor confidence and driving further growth.
- Network Testing and Partnerships: The involvement of major US carriers in testing Helium’s network highlights the project’s credibility and potential for integration into mainstream telecom infrastructure. Successful partnerships can significantly enhance Helium’s market position.
- Price Analysis: The resistance at $5.230 and the overbought RSI indicate potential price corrections. Investors should be mindful of these technical indicators and prepare for possible fluctuations in HNT’s price.
Helium’s impressive performance amidst growing adoption and network expansion underscores its potential in the DePin sector. While the recent rally is promising, cautious optimism is advised, considering the technical indicators and year-to-date performance.