After receiving strong support from the community, Helium has passed the important proposal of “migrating” to the Solana blockchain, with the exact date of March 27, 2023.
On February 17, Helium (HNT) published a blog detailing its plans to migrate to the Solana network. The project established the Upgrade Readiness Working (URWG) Group, a development group comprised of community volunteers, responsible for overseeing the upgrade process.
In addition, Helium also set a migration milestone on March 27, the integration process is expected to last 24 hours.
📢 ATTENTION!
The Helium Network is officially migrating to @solana on March 27th! Are you ready?
Ensure that you’ve migrated to the Helium Wallet app for a smooth transition. Keep Hotspots active and online to receive IOT tokens.More in this thread🧵👇 https://t.co/rzk2xcBEJ0
— Helium🎈 (@helium) February 17, 2023
The Helium community reached an agreement to “relocate” from its private blockchain to Solana in September 2022. At the time, the Helium Foundation announced its focus on maintaining layer-1 and growing the network. The integration into Solana will bring speed, scalability, wallet compatibility and is an ideal ecosystem for Helium to make its development possible.
This important move is a big step forward for Helium. Accordingly, Helium will integrate a large amount of its data into Solana including all accounts, wallets, tokens, hot pots, etc.
Currently, as the network reveals, there are already a number of volunteer organizations participating in the URWG to contribute to the migration process, but Helium is still looking for more volunteers. From now until March 27, the development team will focus on updating the software and checking for vulnerabilities if any in the smart contract.
Meanwhile, the Solana ecosystem experienced a severe downturn after the FTX crash, causing the SOL token to at one point bottom out at $8.
The price of HNT has increased by 6% in the past 24 hours, reaching the $3 mark at press time.
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