Lone Survivor: Helium (HNT) Soars 18% As Most Cryptos Collapse
Summary
In September, the crypto market declined by 3%, but Helium (HNT) rose over 16%, outperforming the top 100 cryptocurrencies. Key developments in the Helium ecosystem include the approval of HIP-130, allowing data transfer on non-certified devices, and partnerships with Sphere Labs for crypto payments and Dimo for Tesla data monetization. Helium's mobile platform gained over 122,000 new users, and the Carrier Offload Beta surpassed 600,000 users, transferring over 16 terabytes of data. Despite these gains, HNT faces a narrow trading range of $7 to $7.4 due to market conditions, with limited short-term bullish momentum expected.
