New utilities, such as new composability, NFTs, smart contracts, DeFi, , other decentralized physical infra projects, and more, that weren’t previously feasible on Helium’s own layer 1 are now available on Solana due to Helium’s update

In one of the biggest layer 1 blockchain migrations ever, Helium has officially finished its upgrade to Solana. With over one million hotspots installed, Helium pioneered a wireless network driven by people.

In addition to having complete wireless service in many other cities, Helium has coverage in 192 nations, including Lisbon, Los Angeles, New York City, London, Zurich, Amsterdam, Istanbul, Berlin, and Sydney. With more than 8,000 5G radios now out in the field, Helium’s community has also been active in establishing 5G coverage over the past year.

Previously, Helium developers ran their own layer 1 blockchain, but the community recognised more potential for growth and success on the Solana network.

New utilities, such as new composability, NFTs, smart contracts, DeFi, , other decentralised physical infra projects, and more, that weren’t previously feasible on Helium’s own layer 1 are now available on Solana due to Helium’s update.

The Solana update by Helium is an excellent portrayal of how decentralised physical infrastructure projects can benefit users in practical ways and take use of Solana’s unmatched speed, almost no expenses, and energy efficiency.

The storage cost for minting 900k compressed NFTs on Solana is as low as 0.3 SOL, while the transaction cost is as low as 5 SOL.

In order to create and manage a wireless network at scale, Helium provides a fundamentally new blockchain-based solution with a drastically reduced cost structure. DISH and Helium are working together on 5G. By extending the Helium Network to its consumers, DISH became one of the first significant carriers in the telecom sector to join Helium.

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