Helium (HNT) Price Surges 88% After Texas City Adopts Its Wireless Network

TLDR

• HNT price jumped 88% on August 29, 2026, trading near $0.42, with volumes up over 1,000%
• Celina, Texas converted its city-wide Wi-Fi into carrier coverage on the Helium Network
• The rally triggered a major short squeeze, with Helium’s weighted funding rate dropping to -0.63%
• Over $125,000 in short liquidations were recorded — the highest single-day squeeze for HNT in 2026
• RSI hit 85, indicating overbought conditions, with resistance at $0.44 and support at $0.23

Helium (HNT) jumped 88% on August 29, 2026, pushing the token to $0.42. Trading volumes exploded by over 1,183% to $38.3 million, according to CoinMarketCap data.

The move puts HNT among the top seven biggest gainers in the crypto market for the day. It is also one of the most actively traded coins in today’s session.

The all-time low of $0.1672 was set just fifteen days ago. That makes today’s move a sharp reversal from a prolonged downtrend.

What Sparked the Move

The main catalyst is the adoption of the Helium Network by Celina, Texas. Celina is a fast-growing suburb that expanded 25% in a single year, putting pressure on existing cell tower infrastructure.

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