Helium Network Adoption Surges Silently – Can HNT Price Hit $15 Soon?

The Helium Network just hit a big milestone: over one million people used it in a single day.

Helium Network user adoption continues to rise silently, with over one million people using the network in a single day, according to a post by co-founder Amir Haleem. Meanwhile, crypto analyst Solberg Invest highlighted a strong bullish setup for HNT on the weekly chart.

As reported by CCXV, traditional carriers' users are automatically engaging with Helium’s decentralized network whenever they’re in range. This setup ensures that data traffic is flowing through hotspots operated by the community. In turn, hotspot operators get paid for the data they handle, earning HNT per gigabyte.

"It's no small feat considering the massive scale of cellular networks and the fact that this is a community-owned and operated network. We're making progress and having fun along the way!" said Haleem.

The next step will be to optimize subscriber overlap with network coverage areas, bringing even more people into the system without them needing to do anything.

HNT User Growth and Network Integration

Helium's integration with traditional carriers is enabling seamless participation in its decentralized network. This passive user adoption model is based on network switching when Helium coverage is available. The setup directs data through Helium nodes, allowing operators to earn HNT. This process occurs without the end user needing to take any action, leading to a silent increase in usage.

This milestone underscores Helium's progress in becoming a widely used wireless data layer. As mentioned in a previous report, Haleem's statement on X (formerly Twitter) elaborates on the integration of traditional carriers with Helium's network.

HNT Price Action and Technical Setup

On the price front, HNT is trading at $4.09, up by 3% on the day. Looking at the weekly chart, shared by Solberg Invest, HNT price is showing a potential breakout from a falling wedge structure.

The chart also shows that HNT has consistently found support along a green macro trendline since 2023. Multiple bounce points suggest that this level is being defended by market participants.

The descending red resistance line, which has contained price action for most of 2023 and 2024, remains a key area to monitor. If the token can move beyond the $6 to $7 zone, it may confirm a breakout pattern.

The analyst projects a medium-term price target of $15, based on historical resistance and chart structure.

Helium Market Outlook and Resistance Levels

The path toward $15 includes a sequence of higher lows and bullish momentum. Current projections show the Helium price approaching the upper resistance zone before a potential pullback and then a breakout attempt. The pattern suggests that volume confirmation and continued buying pressure could validate the upward trajectory.

The HNT chart structure aligns with historical formations associated with trend reversals. However, the stated resistance area between $6.50 and $7.00 must be breached for the bullish scenario to remain valid. A drop below $3.50 would negate the current structure and indicate weakness in momentum.

The post Helium Network Hits Major Milestone As HNT Shows Strong Bullish Setup - Can It Hit $15 Soon? appeared first on CoinMarketCap.