Helium (HNT) price surged 88% on August 29, climbing to around $0.42 as a major network adoption announcement in Texas triggered heavy buying. The rally was accompanied by soaring spot and derivatives activity, while aggressive short positioning added fuel to the move. The main catalyst was Heliums announcement that Celina, Texas, has transformed its citywide WiFi infrastructure into carrier coverage powered by the Helium network. The deployment is designed to expand wireless connectivity for businesses and public locations throughout the city. The development boosted optimism about Heliums… Read more
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