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Helium Network Sets Migration to Solana for March

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Today’s Cryptocurrency Headline

The Helium Foundation issued a document stating that the Helium Network will migrate to the Solana blockchain from March 27. To ensure a smooth transition, an Upgrade Readiness Working Group is being formed with volunteers in the community to oversee the migration process. They will have the final say in the migration date. The upgrade will encompass all wallets, Hotspots, and Helium Network state, and will take place over a 24-hour transition period commencing at approximately 1500 UTC / 10:00 AM ET. The existing Helium blockchain will be halted during a 24-hour transition period on the proposed March 27th date. Data transfer and Proof-of-Coverage activities will not be affected.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to data from CoinMarketCap, the market value of the stablecoin USDT has returned to above $70 billion. Bitcoin is down 0.85% over the last 24 hours and fell to an intraday low of $23,840.83. The largest cryptocurrency attempted to break above the $25,00 price level0 , but it gets rejected once again, suggesting sellers are active at around $25,000. The upsloping moving averages and the relative strength index (RSI) near the overbought territory indicate that bulls are firmly in command. If the BTC/USDT pair sustains, 000 above, $2 The BTC/USDT pair could rise to $28,000.

 

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