Does This News Make Solana a Buy Now?
In an announcement on Sept. 22, the decentralized internet provider Helium (CRYPTO: HNT) stated that it would be transitioning its blockchain to Solana (CRYPTO: SOL). 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 (NASDAQ: TMUS) to provide a decentralized, blockchain-based 5G network.
Source Fool.com
