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Tuesday, July 29, 2025

Does This News Make Solana a Buy Now? - The Motley Fool

Helium community members voted to abandon its own blockchain for a new and much faster alternative.
In an announcement on Sept. 22, the decentralized internet provider Helium (HNT 1.15%) stated that it would be transitioning its blockchain to Solana (SOL 2.86%). Following a community poll, more than 81% of the nearly 7,500 votes were in favor of ditching Helium's current blockchain and moving over to the lightning-fast, smart-contract-compatible Solana.
The target for this transition is set to happen quickly. Helium co-founder Amir Haleem is optimistic that the fourth-quarter deadline will be met.
Abandoning its blockchain and moving to Solana is another major and necessary move for Helium as it plans to enter a new area of service. On Sept. 20, it was announced that Helium will partner with wireless network provider T-Mobile (TMUS 3.52%) to provide a decentralized, blockchain-based 5G network.
A new partnership needs a new blockchain
Helium started out as a decentralized wireless...



Read Full Story: https://www.fool.com/investing/2022/10/04/does-this-news-make-solana-a-buy-now/

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