HNT Rockets 88% After Celina Turns City Wi-Fi Into Helium Coverage
- HNT surged 88% after Celina, Texas adopted Helium’s wireless network for city-wide coverage.
- Short liquidations exceeded $125,000, adding fuel as HNT broke above a descending price channel.
- HNT faces $0.44 resistance, while a breakout could push the token toward the $0.53 target.
Helium — HNT, has delivered one of the market’s sharpest rallies this month. The token surged 88% on August 29, reaching $0.42. Trading activity also exploded as traders rushed into the move. A major wireless network adoption in Texas appears to have sparked the rally. Short liquidations then added more buying pressure. Now, traders are watching whether HNT can hold momentum and challenge higher resistance levels.
Texas Adoption Sends HNT Into Overdrive
Helium’s rally gained momentum after Celina, Texas adopted the Helium Network. The fast-growing city has faced increasing pressure on existing cellular infrastructure. Celina expanded by 25% within one year, according to the information provided. The city converted the entire city-wide Wi-Fi system into carrier coverage. The rollout uses Helium’s decentralized wireless infrastructure without requiring new towers. Residents can also receive 100GB of daily data through the network.
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