Coinspeaker
HNT Drops amidst Backlash Over Controversial Helium v3 Proposal
After weeks of steady gains, Helium’s native token, HNT
HNT
$7.18
24h volatility:
7.5%
Market cap:
$1.22 B
Vol. 24h:
$27.22 M
, has taken a sharp turn downward, falling nearly 15% over the past week.
The primary factor behind HNT’s decline is growing unrest within the Helium community over the newly proposed Helium v3 upgrade.
Helium v3 Proposal Faces Criticism
The Helium v3 proposal was recently introduced via the project’s official X (formerly Twitter) account. The upgrade aims to revamp Helium’s economic model and improve scalability, making it easier for new participants to join the decentralized wireless infrastructure network.
H
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