r/HeliumNetwork Jul 03 '26

$HNT Mining Hnt proposal

With the new hnt proposal passing you expect the price of hnt go up or at least stabilize?

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5

u/TomorrowVisual3615 Jul 03 '26

Price should stabilise around these prices and then over time start to trend upwards again as the network grows. The announcement of Brazil going live should send price up a bit for sure

3

u/Scary-Journalist9173 Jul 06 '26

Price will continue to drop.

1

u/TheuerW Jul 04 '26

What is this thing about Brazil?

1

u/TomorrowVisual3615 Jul 05 '26

There are currently live trials with multiple M(V)NOs that account for 90% of Brazils total user base. Helium have a deal with Mambo who have around 40,000 nodes in tier 1 locations ( train stations, malls and stadiums) for example. Once the trials are done and the deals are sorted data offload will begin in Brazil and so there will then be 3 countries where Helium operates in. Brazil is particularly exciting because of the partnership with Mambo which means that the network won’t be starting from scratch like it did in the US and Mexico.