The ultimate goal of any cryptocurrency project is to achieve widespread adoption past offering a use case that offers existent-globe value that tin can exist applied in every domicile beyond the earth.

 Thanks to its user-run wireless network, Helium, a 5G Internet-of-Things-focused project, made a meaning stride towards greater adoption equally it revealed a new partnership with Dish Network on Oct. 26.

According to the announcement, the partnership volition offer Dish Network subscribers the opportunity to run Helium nodes and earn HNT token rewards for sharing their 5G wireless service with those in their surface area.

This marks the get-go major carrier to integrate the Helium 5G network into its ecosystem and is a significant sign of validation for the project and its applied science.

In comments with Decrypt media, Helium COO Frank Mong elaborated on the partnership and what information technology means for the future of the Helium network.

Mong said,

"Dish understands the potential blockchain can take on the wireless industry, and equally the get-go major carrier to bring together The People'southward Network, this partnership is real validation that the HNT incentive model is a powerful tool for deploying infrastructure at scale. Together with Dish and FreedomFi, Helium 5G will accept a much broader reach where the customer benefits from the flywheel of network incentives and the applications it enables."

The Helium network sees exponential growth

The Dish Network partnership is the latest in a decorated year of growth for the Helium network, which now has more than 256,000 private nodes around the world operated by 93,561 users.

Helium network hotspot statistics. Source: Helium

This partnership with Dish Network was fabricated possible by a community vote in Apr which canonical the addition of a 2nd 5G capable network to the protocol through a partnership with FreedomFi. This will let Helium to offer back up for devices like smartphones, tablets and laptops.

Helium has besides received increasing support from multiple hardware manufacturers that have begun making hotspots compatible with the Helium network and this is expected to aggrandize the network's reach.

Related: Successful smart cities volition be impossible without decentralized techs

Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $16.45 on Sept. 29, the price of HNT has swelled 42.2% to a daily loftier at $23.50 on Oct. 26 as its 24-hour trading volume spiked 162.75% to $35 million.

HNT/USDT 4-hour chart. Source: TradingView

VORTECS™ data from Cointelegraph Markets Pro besides began to detect a bullish outlook for HNT on Oct. 20, prior to the recent toll rising.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparing of historical and electric current market conditions derived from a combination of information points including market sentiment, trading book, recent price movements and Twitter action.

VORTECS™ Score (green) vs. HNT price. Source: Cointelegraph Markets Pro

As seen in the chart to a higher place, the VORTECS™ Score for HNT began to pick upward on Oct. 20 and hit a high of 78 around 93 hours before the toll began to increase by 15.six% over the adjacent two days.

The views and opinions expressed here are solely those of the author and exercise not necessarily reverberate the views of Cointelegraph.com. Every investment and trading move involves run a risk, you should conduct your own research when making a conclusion.