Solana Price Jumps as Seeker Phones Ship Globally: Is This the Catalyst for a SOL Bull Run? | Bitcoinist.com

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Solana Mobile has formally begun world shipments of its second-generation Web3 smartphone, the Seeker, to over 50 international locations, and its launch has immediately influence the Solana value.

With greater than 150,000 pre-orders and a feature-rich design tailor-made for crypto customers and builders, the system is already igniting renewed bullish sentiment within the Solana (SOL) ecosystem.

Following the announcement on August 4, the SOL value surged to round $169.05, marking a 6% acquire because the begin of the month. The Seeker builds on the Saga’s basis, however this time enters a stronger DeFi market, with over $9.8 billion in complete worth locked.

The Seeker options 2,500+ decentralized apps by way of Solana dApp Store 2.0, a built-in Solflare pockets, safe Seed Vault, and a Genesis NFT that unlocks unique airdrops and rewards.

These enhancements, alongside the yet-to-launch SKR incentive token, have positioned the Seeker as greater than only a telephone, it’s a mobile-native DeFi portal.

Can SOL’s Mobile Ecosystem Trigger a Solana Price Breakout?

Solana’s market construction displays cautious optimism. After rebounding from sturdy demand zones between $150 and $155, SOL is now testing resistance at $171.12, a key Supertrend degree and 0.382 Fibonacci barrier.

A breakout above this zone may push the worth towards $175.80 and finally the important $180–$185 resistance area. Technical indicators stay blended. The RSI on the 30-minute chart sits at 58.57, whereas the Parabolic SAR has flipped bullish.

However, netflows present $9.81M in outflows, suggesting the rally just isn’t but totally backed by sturdy spot demand. Analysts argue a confirmed day by day shut above $175 would validate a bullish reversal.

solana price sol solusd

SOL's value developments to the upside, hinting at additional features, on the day by day chart. Source: SOLUSD on Tradingview

$67.5M Revenue and Growing Ecosystem Support Price Upside

Priced between $450–$500, the Seeker telephone may generate at the least $67.5 million in income for Solana Mobile.

More importantly, the system encourages community engagement, SOL utilization, and potential airdrop farming, echoing the Saga’s success story with BONK.

As Solana continues innovating in mobile-first Web3 infrastructure and its DeFi ecosystem grows, the Seeker’s success may grow to be a long-term bullish catalyst.

While short-term value motion is dependent upon quantity and resistance breakout, the broader fundamentals counsel SOL may revisit the $200–$300 vary by year-end.

Cover picture from ChatGPT, SOLUSD chart from Tradingview

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