Solana Meets Haute Horology: Franck Muller’s Limited-Edition Crypto Watch
Swiss luxury watchmaker Franck Muller has made a bold entry into the Web3 space with a Solana-inspired timepiece that merges high-end craftsmanship with blockchain functionality. This limited-edition release marks a significant milestone in the convergence of physical luxury goods and digital asset technology.
Swiss Watchmaker Franck Muller Launches Solana-Inspired Luxury Timepiece with Integrated Wallet
Franck Muller has unveiled a limited-edition luxury watch tied to the solana blockchain, blending haute horology with crypto functionality. Only 1,111 units will be produced, priced at 20,000 CHF (~$24,300) each. The timepiece features a built-in QR code linking to a Solana wallet address, enabling wearers to display their digital identity physically.
The ’phygital’ release targets Web3 enthusiasts seeking to showcase their crypto engagement through high-end fashion. However, the launch coincides with heightened security concerns in digital asset markets, potentially giving affluent buyers pause.
Solana Price Analysis: Bullish Momentum and Market Position
Solana’s price has surged 90% from recent lows, reigniting debate about its potential to reclaim all-time highs. The asset now ranks as the sixth-largest cryptocurrency by market capitalization at $95 billion, with bullish projections targeting $400 amid a broader market recovery.
Analysts remain divided on SOL’s near-term trajectory. Optimistic forecasts suggest a path toward $400 this year, while conservative estimates warn of resistance NEAR $200. The token’s recovery follows a steep 67% decline from its $294 peak earlier this year.
Market participants continue favoring Solana for its technical merits, particularly its high-throughput blockchain architecture. This fundamental strength maintains SOL’s position as a top altcoin contender despite emerging competition in the layer-1 sector.
Solana Drops 5% Amid Midnight Sell-Off as Institutional Exit Looms
Solana (SOL) tumbled below its steady $177 trading range, shedding 4.5% to find temporary support at $170.41. The sell-off accelerated during a midnight liquidity crunch, with trading volume spiking to 1.26 million SOL as prices breached $172.
The correction mirrors broader crypto market jitters fueled by geopolitical tensions and global economic uncertainty. Yet Solana’s fundamentals show resilience—R3’s strategic pivot to integrate with the blockchain underscores growing institutional appetite for its real-world asset tokenization capabilities.
Technical indicators reveal critical support now forming between $170.67-$171.66. Market makers appear to be defending this zone, though the midnight volume surge suggests whale activity may have triggered stop-loss cascades.
Solana Launches Decentralized Identity Framework to Enhance Web3 Trust
Solana has introduced the Solana Attestation Service (SAS), a decentralized identity framework aimed at streamlining trust and compliance in the digital economy. Developed in partnership with the Solana Foundation and Solana Identity Group, SAS enables secure, privacy-preserving identity verification across Web3 applications.
The protocol cryptographically links off-chain credentials—such as KYC status or investor accreditation—to Solana wallets without exposing sensitive data. Its emphasis on portability allows credentials to be reused across multiple applications while maintaining off-chain privacy.
This innovation addresses a critical pain point in blockchain adoption: balancing regulatory compliance with user autonomy. By eliminating centralized data repositories, SAS reduces vulnerability to breaches while meeting institutional requirements.
