The price of Solana (SOL) saw a spike after Google announced its engagement with Blockchain. Also, Solano’s android phone will use Helium’s network. As a result, this will enable HNT to rise, according to experts. The increased hashrate for the Proof-of-Work (PoW) cryptocurrency is also making Litecoin (LTC) bullish. Due to these developments, expectations for Solana, Helium and Litecoin are high.
Solana made a valuable attack with Google Cloude
Koindeks.com As you follow, major technology firm Google announced its involvement with the Solana network. Therefore, the week ended with some very moving news. Therefore, experts have prepared a report on why cryptocurrencies should be considered, including Solana (SOL), Helium (HNT), Litecoin (LTC), and Tezos (XTZ).
Google announced that it is running a Solana validator for Google Cloud. In addition, Solana announced that it is running a validator-generating block to join and validate the network. As a result, this news led to a significant increase in the price of SOL. As such, it has made it a worthwhile investment. At press time, SOL was trading at $34.76, down 5.84% on a daily basis.
Litecoin hash rate very close to peak
In the middle, Litecoin mining difficulty has increased. The average number of hashes needed to solve a block quickly hit a new high of just under 18 million hashes. Thus, the increased hashrate for a PoW cryptocurrency makes Litecoin (LTC) bullish. Another reason why this is a good sign for LTC is that miners around the world are choosing to mine LTC. At the time of writing, LTC is trading at $69.77.
Solana partnership with Helium on mobile
Another altcoin to watch out for is Helium (HNT). Helium’s network will now be available on Solano’s hardware android phone. In addition, the Android-powered Saga phone allows a 30-day free trial for Helium Mobile in the US. It will also provide unlimited Voice and SMS for 30 days. While the Saga phone can be used with other carriers, it is also possible to earn crypto rewards by choosing Helium’s Network.
Tezos expands its usage area
In a recent interview, Tezos Co-Founder Kathleen Breitman said, “The Tezos Blockchain has indeed evolved. “Furthermore, it has more uses of the network than 2021,” he said. Breitman explained that use is primarily driven by the NFT world. The current process price of Tezos’ token (XTZ) is $1.43. However, there are advantages to owning this token. Holders have the right to vote on upgrades to the protocol. As the crypto space continues to build community, this particular decentralized feature makes XTZ a useful crypto.