Helium moves entire network to Solana

The blockchain-based, decentralized and open-source mobile network has announced that it will be moving its entire operations and governance to the Solana blockchain. Helium recently entered into an agreement with T-Mobile to launch the Helium Mobile, a crypto mobile network that rewards customers in crypto tokens for usage.

Helium, a blockchain-based open-source wireless communications network, has announced that the protocol will be relocating its mainnet to the Solana blockchain, following a community vote.

Project developers choose Solana for its ability to improve operational efficiency and scalability of applications. By moving its tokens and governance to the network, Helium Foundation expects more consistent mining of its native HNT tokens, much more reliable data transfer, more utility and more ecosystem support.

🚨It’s official! The HIP 70 vote has ended. #Helium will be moving to the @Solana blockchain!👏🏼 pic.twitter.com/V2WIajou7R
— Helium🎈 (@helium) September 22, 2022

Last week, American telecommunications giant T-Mobile entered into an agreement with Helium creators Nova Labs to launch the Helium Mobile, a crypto-powered 5G mobile network that allows subscribers to earn crypto rewards for sharing network coverage data from across the United States.

The decentralized network launched in 2019, has over 900,000 active hotspots spread across the world which provides open-source data coverage, including 2,500 hotspots operational in 855 U.S cities.