Helium has completed a network deployment in Celina, Texas, converting the city's municipal Wi-Fi hotspots into cellular coverage. The rollout covers the Celina Public Library, the Ralph O'Dell Senior Center, and some downtown shops. Mobile phones in these areas connect automatically; no app or password is required. Amy Alexander, Celina's information technology director, said the arrangement lets the city turn existing Wi-Fi into coverage that residents can use automatically, with no need to build new cell towers. The market reaction was swift. Within 24 hours of the announcement, Helium's HNT token climbed nearly 100%, and its market capitalization increased by about $37 million. Data cited by BeInCrypto shows that HNT traded around $0.42 at the time, with single-day turnover close to $44 million. That figure represents more than half of the token's roughly $79 million market cap. Celina's network currently carries about 100 GB of daily traffic. Techub News reported the development, citing BeInCrypto.
Helium has finished a network deployment in Celina, Texas, converting the city's municipal Wi-Fi hotspots into cellular coverage. The rollout covers the Celina Public Library, the Ralph O'Dell Senior Center, and a number of downtown shops. Phones in those areas connect automatically; no extra app or password is needed.
No New Towers Required
Amy Alexander, Celina's information technology director, said the arrangement lets the city turn existing Wi-Fi into coverage that residents can use automatically, without building new cell towers.
HNT Moves Higher
The news moved Helium's HNT token. Within 24 hours of the announcement, HNT rose nearly 100%, adding about $37 million to its market capitalization. Celina's network currently carries roughly 100 GB of daily traffic.
HNT was trading near $0.42, with daily turnover close to $44 million. That figure is more than half of the token's roughly $79 million market cap. BeInCrypto reported the market data, and Techub News carried the initial report.
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