Why is Hellium (HNT) up 35.69% Today, August 31, 2026? Celina Carrier Offload and 1.23x Turnover Drive a High-Volatility Repricing

Helium's carrier-offload activation in Celina, Texas triggered a token-specific repricing, with HNT up sharply despite a softer broader crypto tape. Turnover near 1.23x market cap signals unusually aggressive participation, but also raises near-term fragility given extremely stretched momentum and concentration risk. The move matters as a read-through for DePIN demand narratives, though evidence of sustained usage remains early and unproven.