HNT Price Prediction: How Growing DAU Is Fueling Helium’s Momentum
- Helium network has recorded higher DAU than Ethereum, Toncoin, and Arbitrum combined.
- HNT price gains bullish momentum fueled by organic network adoption.
- The DePIN ecosystem has gained significant traction with Helium among the top 10 projects.
The Helium (HNT) network has emerged as a top contender in the Decentralized Physical Infrastructure Networks (DePIN) in the recent past. According to aggregate market data from Coingecko, the DePIN market cap hovered around $19.2 billion on Tuesday, July 15, whilst Helium’s valuation was around $669 million, thus the 9th largest network.
The mainstream adoption of Helium protocol, which is often referred to as ‘The People’s Network’, has played a crucial role in its organic growth. Moreover, the Helium network provides an alternative approach to traditional cell towers and Wi-Fi with a network of user-owned Hotspots that provide wireless coverage in exchange for cryptocurrency rewards.
Helium Network Outshines Ethereum Among Others in DAU
The Helium Network has attracted more organic users over time due to its unique technology that is solving real-world problems. According to on-chain data analysis, th…
The post HNT Price Prediction: How Growing DAU Is Fueling Helium’s Momentum appeared first on Coin Edition.
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HNT Price Prediction: How Growing DAU Is Fueling Helium’s Momentum
- Helium network has recorded higher DAU than Ethereum, Toncoin, and Arbitrum combined.
- HNT price gains bullish momentum fueled by organic network adoption.
- The DePIN ecosystem has gained significant traction with Helium among the top 10 projects.
The Helium (HNT) network has emerged as a top contender in the Decentralized Physical Infrastructure Networks (DePIN) in the recent past. According to aggregate market data from Coingecko, the DePIN market cap hovered around $19.2 billion on Tuesday, July 15, whilst Helium’s valuation was around $669 million, thus the 9th largest network.
The mainstream adoption of Helium protocol, which is often referred to as ‘The People’s Network’, has played a crucial role in its organic growth. Moreover, the Helium network provides an alternative approach to traditional cell towers and Wi-Fi with a network of user-owned Hotspots that provide wireless coverage in exchange for cryptocurrency rewards.
Helium Network Outshines Ethereum Among Others in DAU
The Helium Network has attracted more organic users over time due to its unique technology that is solving real-world problems. According to on-chain data analysis, th…
The post HNT Price Prediction: How Growing DAU Is Fueling Helium’s Momentum appeared first on Coin Edition.
Read More