bitcoin
Bitcoin (BITCOIN)
$85,062 0.44%
ethereum
Ethereum (ETHEREUM)
$1,606 1.47%
binancecoin
BNB (BINANCECOIN)
$593.67 0.72%
solana
Solana (SOLANA)
$139.03 3.65%
ripple
XRP (RIPPLE)
$2.09 1.61%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.69%
pepe
Pepe (PEPE)
$0.000007 4.36%
bonk
Bonk (BONK)
$0.000012 4.15%
bitcoin
Bitcoin (BITCOIN)
$85,062 0.44%
ethereum
Ethereum (ETHEREUM)
$1,606 1.47%
binancecoin
BNB (BINANCECOIN)
$593.67 0.72%
solana
Solana (SOLANA)
$139.03 3.65%
ripple
XRP (RIPPLE)
$2.09 1.61%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.69%
pepe
Pepe (PEPE)
$0.000007 4.36%
bonk
Bonk (BONK)
$0.000012 4.15%
bitcoin
Bitcoin (BITCOIN)
$85,062 0.44%
ethereum
Ethereum (ETHEREUM)
$1,606 1.47%
binancecoin
BNB (BINANCECOIN)
$593.67 0.72%
solana
Solana (SOLANA)
$139.03 3.65%
ripple
XRP (RIPPLE)
$2.09 1.61%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 4.69%
pepe
Pepe (PEPE)
$0.000007 4.36%
bonk
Bonk (BONK)
$0.000012 4.15%
Disclosure
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Helium Price Forecast – Why HNT Could Soon Rally Through $4

Highlights:

  • Helium rallies intraday after SEC drops case 
  • Helium adoption is also on the rise among Telecoms
  • Continuation of the rally could see Helium rally to $4.14 in the short term

HNT is one of the top performers today. As this report goes live, Helium was valued at $3.50, up 6.9% within 24 hours. Helium trading volume is also up in the day, up by 110% to 21.46 million. This demonstrates that FOMO could be building up in Helium in anticipation of a major price rally. 

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SEC Drops Charges Against Helium Alongside Other Crypto Big Names

The main driver behind the strong HNT rally was information that the US SEC has dropped its case against Helium and a host of other cryptocurrencies. The SEC is no longer pursuing cases against Ripple, Helium, Kraken, Coinbase, Consensys, Uniswap, Gemini, Opensea, Robinhood, and Immutable. For Helium, the end of litigation allows smoother ecosystem development alongside institutional partnerships.

Expansion of the Helium Ecosystem Continues Through Ruckus Integration

Besides the end of the SEC case, Helium’s business fundamentals are strengthening. One recent event that has attracted the attention of investors and technologists is the merger of Ruckus Networks with the Helium infrastructure. This technical collaboration allows Helium Mobile to deploy via Ruckus.

Ruckus Networks, a well-known provider of enterprise-grade Wi-Fi, has developed a comprehensive conversion blueprint to interface with the Helium Network. This encompasses the creation of a Helium Passpoint SSID, certificate installations, RadSec proxy setups, and configuring Hotspot 2.0 profiles. These procedures allow Ruckus-enabled venues to user offload to Helium Mobile, increasing network efficiency and user ease of access.

The Ruckus and Helium partnership will significantly amplify Helium’s real-world use cases. This move also boosts Helium’s position in the decentralized wireless (DeWi) market while enhancing its technological credibility.

Community Reports Validate Helium Adoption By Telecoms

A Helium user on X discovered another sign of adoption around Helium’s ecosystem. Surban Crypto brought to attention the spike in gateways captured by telecom operators shortly after their installations. Other users on the platform corroborated this user’s account and elaborated that operators, particularly 3 and 4, now seem to recognize Helium gateways, whether installed indoors or outside.

This further strengthens the accelerated integration of the Helium decentralized wireless network alongside traditional telecom networks. If this trend persists, Helium could become an essential part of mobile connectivity, especially in regions where conventional mobile networks do not operate or in highly populated areas where the mobile networks usually struggle to provide adequate service.

Analysts believe that the combination of the telecom regulatory updates and the friendly operational regulatory news indicates that adoption is a turning point for Helium. With less stringent regulations and growing partnerships, Helium now has more credibility as a long-term investment in the crypto and telecom markets.

Helium Price Analysis – Bears Regaining Control After Hours of Consolidation

Helium price rallied on April 16 but has been consolidating for the better part of today. However, the bulls appear to be regaining control.

HNT
Source: TradingView 

If bulls take control and push Helium through the $3.690 resistance, a rally to $4.14 could follow. On the other hand, if bears take control in the day, Helium could retest the $3.25 intraday support level. 

Helium’s intra-day price rally is not emblematic of hollow speculative interest but stems from concrete advancements. With the SEC’s withdrawal of the case and telecom mergers advancing, Helium is cementing itself as more than a speculative cryptocurrency. It is demonstrating his strengthening narrative and purposeful trajectory. A continuation of the intra-day rally could continue into the foreseeable future.

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