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Solana’s phone could reverse the low performance of the cryptocurrency

Solana's phone could reverse the low performance of the cryptocurrency

Solana Mobile, a corporate branch associated with the Solana network dedicated to smartphone development and design, has launched its Seeker phone.

This movement could be the catalyst that Solana (SOL) needs to overcome its recent stagnation and trigger a change of trend in its price, which today reaches $175 after a week of struggle at the 170 barrier.

The cryptocurrency has faced difficulties exceeding 170 and 173, closing below this level several days in the last week, despite intraday attempts. Today, the price reaches 175 dollars, but Mandela Amoussou, a market analyst, warns that a sustained closure above 170, with strong volume, is key to confirming a change of trend.

Chart of solana.
The price of wool in the last week. Source: TradingView.

The focus is on whether this movement is sustained. SOL’s fundamentals are strengthened, but consolidation is crucial, he says.

In this context, Amoussou stresses that Solana’s phone could reverse the low performance of the cryptocurrency. Seeker’s launch, accompanied by the SKR token, comes as a potential catalyst.

This week, CryptoNews reported that Solana Mobile began sending tens of thousands of units to more than 50 countries. With 150,000 pre-sales since its presentation in September 2024, Seeker improves on its predecessor, Saga, with a lighter design, brighter screen, optimized camera, and longer battery.

In addition, Seeker marks a milestone as the first smartphone of a Layer 1 protocol that integrates decentralized applications (dApps), native wallet security, and an economy of its tokens.

Solana Mobile started distributing the Seeker devices. Source: x.com/solanamobile/

Although Amoussou acknowledges that the launch has not been an immediate catalyst, he stresses that the opportunity lies in the usefulness and native demand that this phone, integrated with Solan, offers to SOL. The device facilitates access to Mobile DeFi, non-expendable tokens (NFTs), and chain identity, which could drive demand for SOL.

For its part, the SKR token, designed to reward users and developers, encourages the creation of mobile dApps and the adoption of the ecosystem. However, SOL remains the basis of the network, necessary for transactions, squeeze, DeFi, and the creation of NFTs.

If the phone attracts more people to the ecosystem, that demand eventually moves to SOL, Amoussou explains.

The rise of the smartphone blockchain.

Amoussou sees Seeker as a distribution point for Solana’s technology, including Solana Pay, native wallets, and chain messaging.

If the device gains traction, these tools could be integrated into everyday life, increasing the adoption of SOL. The analyst cites projections from Market Research Future, which estimate a market growth of the blockchain smartphones of 33% per year, from $8.9 billion in 2025 to $118 billion in 2034.

In addition, it compares Seeker’s potential impact to the beginnings of Android and iOS, where attractive apps boosted adoption. The dApps in Solana could be the engine behind Seeker and the demand for SOL, he says.

Despite the optimism, Seeker faces hurdles. Saga’s failure, due to its high price and lack of outstanding applications, is a lesson.

If Seeker has weak sales, this mobile-centric thesis loses weight, Amoussou warns. Moreover, with the decline in enthusiasm for memecoin associated with Solana, the price of SOL will depend to a large extent on the overall momentum of the market.

Seeker is a long-term bet on Solana’s mobile future. Its success will require attractive dApps, active users, and actual use cases. Meanwhile, SOL must consolidate its break above $170 in a volatile market. If Solana Mobile gets Seeker to become a bridge to mass adoption, Solana’s phone could indeed reverse the low performance of the cryptocurrency, as Amoussou argues.

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