Solana Mobile has announced the launch of its new Web3 smartphone Seeker, which reportedly has already captured high interest from users due to its built-in crypto functionality.
Launch and Features of Seeker
Earlier today, Solana Mobile revealed details of the launch of its Web3 smartphone Seeker via its X account. Seeker represents Solana's hardware release, offering various crypto utilities. The device is set to ship to over 50 countries and has seen more than 150,000 pre-orders, indicating high demand for its built-in crypto wallet, hardware seed vault, and dApp store enhancements.
Impact on the Solana Ecosystem
Solana Mobile aims to combine hardware adoption and technical wallet integration to drive active usage and dApp transactions. The adoption of Seeker could reduce the available Solana, potentially supporting SOL's price recovery. While Solana ecosystem enthusiasts expect these developments to positively affect SOL's price, the market continues to remain under pressure, with investors rethinking their decisions.
Market Analysis and SOL Price Predictions
Currently, SOL price is hovering around $165–$173 after losing key support a few days ago. According to analysis by TheMoon Hailey, Solana is maintaining a higher low structure and forming a bullish reversal from a key ascending trendline. This indicates strength in long-term support. If bullish momentum continues, the next target will be $260.40. Growing institutional interest in the Solana ecosystem and the shipment of the Seeker phone contribute to bullish sentiment.
The launch of the Seeker smartphone could have a significant impact on the Solana ecosystem; however, fluctuating SOL prices and current market conditions continue to raise questions among investors.
