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| $1.91K0.13% | |
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XNET is the utility token of XNET Mobile, a decentralized wireless network operating on Solana. It is used to reward infrastructure operators who deploy Wi-Fi Passpoint and CBRS hardware in high-traffic areas, and to pay for network services and governance participation. The network operates as a neutral-host operator that sells cellular data offload capacity to major carriers, distributing revenue to node operators based on factors like uptime, data throughput, and deployment location.