Helium's announcement of the introduction of a new cost-effective cell phone plan on its network. The plan, called Helium Hotspot, offers unlimited talk, text and data for $15 a month. The new plan could increase helium demand in two ways. First, it could attract new users to the Helium network, increasing the number of devices using helium. Second, it could increase data usage on the Helium network, which could increase the amount of helium needed to power devices.
Helium's partnership with the University of Miami The three-year partnership will give Helium a prominent presence at the University of Miami's Hard Rock Stadium, as well as the Miami Hurricanes' media and social channels. The partnership could help Helium reach a new audience of students, fans and businesses.
The increase in demand for helium for industrial use. Helium is used in a wide range of industrial applications, such as arc welding, nuclear magnetic resonance (NMR), and semiconductor manufacturing. Demand for helium for these applications has increased in recent years, contributing to rising prices.
The rally in HNT is likely to continue in the coming days and weeks. Helium's new cellular plan could drive adoption of the Helium network and in turn increase demand for helium. Helium's partnership with the University of Miami could also help the company increase its visibility and reach a new audience. Additionally, increased demand for helium for industrial use could continue to drive token prices.
