Welcome to Uphold’s Up of the Day. Please note, this is NOT financial advice.

As anticipated, Monday was a quiet day in trading. Bitcoin held onto the $25,000 level, while the rest of the market displayed mixed results. 

Solana got a boost when the Helium network, HNT, finally announced a date for their switch to Solana. Helium network is one of the oldest blockchain IoT projects and has built a decentralized Wi-Fi network.

Although HNT has faced criticism due to shipping issues with its routers, these problems seem to have been resolved, and the project is one of the biggest gainers in the current market rally, which has doubled since its December lows.

Perhaps the controversial switch to Solana will act as a catalyst to breathe new life into the project because earning crypto by providing Wi-Fi is a pretty fascinating idea.

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Uphold's Up of the Day - February 21, 2023

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