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Helium Network Founder Pledges to Stick With Solana After Bloo | Helium Waves Stepn

Helium Network Founder Pledges to Stick With Solana After Bloody Day for SOL

Helium
network founder Amir Haleem tweeted his support late Wednesday for the decentralized wireless network’s migration to Solana, the blockchain ecosystem perhaps hardest hit by FTX’s sudden implosion. The vote of confidence came after a bloody, 24-hour drawdown in crypto markets in which SOL shed over 40% of its value and Helium’s HNT lost 15%. Haleem, CEO of Helium backer Nova Labs, said he was unfazed by the bear market carnage and pledged to continue apace. “None of the criteria we used to evaluate the various [layer 1] blockchains has changed from when we proposed HIP70 and now,” he said, referring to the community vote that saw Helium abandon its own blockchain in favor of Solana’s in late September.

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