Solana-based Altcoin project jumps after Coinbase adds crypto asset to listing roadmap

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A peer-to-peer hotspot crypto is on the move after Coinbase added the Solana-based altcoin (SOL) to the exchanges list roadmap.

In a new announcement, Coinbase Assets unveiled Helium (HNT) as the latest addition to the exchange’s roster roadmap.

Asset added to the roadmap today: Helium (HNT).

Helium is a network for the Internet of Things (IoT) that works in a decentralized way. It enables network-connected IOT devices to communicate and share data by supporting smart contracts and enterprise applications. The network rewards participants, including hotspots that provide and validate coverage, through the use of the HNT token.

Helium access points are essentially small, low-power devices that anyone can buy and install in their home or business. When an access point is configured, it begins to create a wireless network that other IoT devices can connect to. In exchange for this coverage, the access point is rewarded with HNT tokens.

The Helium network aims to provide more efficient and cost-effective wireless coverage for IoT devices compared to traditional cellular or Wi-Fi networks.

The Coinbases listing roadmap outlines crypto assets being evaluated for possible inclusion on its platform. The roadmap is frequently updated to reflect new and revised assets.

Helium rose in response to the news of the HNT quote worth $1.35 at the time of writing, up 12% in the last 24 hours.

Helium migrated to Solana in April this year.

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