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Solana (SOL) Surges as Seeker Phones Hit Global Markets: The Start of a Major Bull Run?

Solana (SOL) Surges as Seeker Phones Hit Global Markets: The Start of a Major Bull Run?

Author:
Bitcoinist
Published:
2025-08-05 19:00:28
18
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Solana's price rockets upward—just as the buzzy Seeker phone begins shipping worldwide. Coincidence? Traders aren't betting against it.

Why SOL could defy the skeptics (this time)

The Seeker's crypto-native features—built on Solana's blockchain—are pulling in retail and institutional interest. No surprise: the phone's launch timing aligns perfectly with SOL's breakout past key resistance levels.

But here's the twist

While 'real-world use case' gets thrown around like confetti at a crypto conference, Solana's network metrics—transaction volume, active addresses—actually back the hype. For now.

Wall Street's take? 'Another excuse to chase volatility,' muttered one hedge fund manager between sips of overpriced artisanal coffee. Meanwhile, SOL holders are too busy counting gains to care.

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

$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.

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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