That's good news and I hope it help SONM to grow up higher . However bitcoin is on the downtrend and altcoins are deeply down everyday .
I have just bought more 25k SNM on binance I think Maybe it's the bottom of SNM token.
the downtrend will continue until the end of september. if we get a negative result from the etf, which i think we will, we'll see sonm go down to 0.03$ a piece again, and pretty much every single altcoin to its ATL. Bitcoin will drop to 3000$ and total cap will be less than 150 billion. This will probably go on for a few months until som good news reverses the bear market.
Now if we get a positive answer this september, we'll see the market go back up to 250-400 billion, talking all the alts with it.