Solana releases update on Helium migration- Decoding the key points

April 21, 2023

By Michael Nderitu

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• Solana successfully completes Helium integration and reveals a major upside for the new addition.

• SOL struggles with sell pressure after its previous bullish breakout.

It’s been an interesting and important week for Solana [SOL], largely because of the Helium migration. The network released an update on 19 April confirming that the migration was a success, among other details.

While the Solana update highlighted some details about the Helium migration, one stands out the most. It provided a comparison of Helium’s operating costs when minting NFTs, based on a snapshot taken earlier this month.

According to the comparison, Solana NFTs were much cheaper to mint compared to Polygon and Ethereum.

This move is also historical because it is one of the few times a project with its own layer 1 network has opted to switch and be hosted on another layer 1 blockchain.

Solana saw a momentous uptick in development activity in the last few days. This is largely associated with preparations for the Helium transition.

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