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solana_price_sol_solusd_optimized

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

James Halver
by James Halver
2 months ago
·
Posted in Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana Mobile has officially begun global shipments of its second-generation Web3 smartphone, the Seeker, to over 50 countries, and its launch has directly impact the Solana price.

With more than 150,000 pre-orders and a feature-rich design tailored for crypto users and developers, the device is already igniting renewed bullish sentiment in the Solana (SOL) ecosystem.

Related Reading: Why The XRP Lawsuit Has Gone Silent — What Lawyers Know That You Don’t

Following the announcement on August 4, the SOL price surged to around $169.05, marking a 6% gain since the start of the month. The Seeker builds on the Saga’s foundation, but this time enters a stronger DeFi market, with over $9.8 billion in total value locked.

The Seeker features 2,500+ decentralized apps via Solana dApp Store 2.0, a built-in Solflare wallet, secure Seed Vault, and a Genesis NFT that unlocks exclusive airdrops and rewards.

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

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

Solana’s market structure reflects cautious optimism. After rebounding from strong demand zones between $150 and $155, SOL is now testing resistance at $171.12, a key Supertrend level and 0.382 Fibonacci barrier.

A breakout above this zone could push the price toward $175.80 and eventually the critical $180–$185 resistance region. Technical indicators remain mixed. The RSI on the 30-minute chart sits at 58.57, while the Parabolic SAR has flipped bullish.

However, netflows show $9.81M in outflows, suggesting the rally is not yet fully backed by strong spot demand. Analysts argue a confirmed daily close above $175 would validate a bullish reversal.

solana price sol solusd

SOL's price trends to the upside, hinting at further gains, on the daily chart. Source: SOLUSD on Tradingview

$67.5M Revenue and Growing Ecosystem Support Price Upside

Priced between $450–$500, the Seeker phone could generate at least $67.5 million in revenue for Solana Mobile.

More importantly, the device encourages network engagement, SOL usage, and potential airdrop farming, echoing the Saga’s success story with BONK.

Related Reading: Saylor’s Bitcoin Pitch Echoes The Godfather: “It’s An Offer You Can’t Refuse”

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

While short-term price movement depends on volume and resistance breakout, the broader fundamentals suggest SOL could revisit the $200–$300 range by year-end.

Cover image from ChatGPT, SOLUSD chart from Tradingview

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