Solana Mobile Expands Global Reach with Seeker Crypto Smartphone Launch
Solana Mobile has commenced the global rollout of its second-generation Web3 smartphone, the Seeker, marking a significant milestone in the integration of cryptocurrency and mobile technology. With tens of thousands of units being shipped to customers in over 50 countries, the $450-$500 Android device has already garnered 150,000 pre-orders, translating to over $67 million in gross revenue. This success builds on the lessons learned from Solana's earlier Saga phone, which gained popularity due to crypto incentives like airdrops. The Seeker aims to further enhance the utility and accessibility of Web3 technologies, positioning Solana as a key player in the evolving digital asset landscape. As of August 2025, this development underscores the growing demand for crypto-integrated devices and Solana's commitment to innovation in the space.
Solana Mobile Begins Global Rollout of Seeker Crypto Smartphone
Solana Mobile has initiated worldwide shipments of its second-generation Web3 smartphone, the Seeker, with tens of thousands of units en route to customers across 50+ countries. The $450-$500 Android device has surpassed 150,000 pre-orders, generating over $67 million in gross revenue.
The Seeker builds on lessons from Solana's Saga phone, which gained traction after crypto incentives like airdrops boosted its utility. Its crypto-native features include a dedicated dApp store, integrated wallet, and Seed Vault security system that isolates private keys while maintaining dApp functionality.
"The Seed Vault keeps your private keys and seed phrases completely separate from the main app layer," said Emmett Hollyer, General Manager at solana Mobile. The launch marks a strategic push to bridge mobile technology with blockchain accessibility.
Upexi Inc. Doubles Solana Holdings to Over 2M SOL, Fueled by $200M Capital Raise
Upexi Inc. (UPXI), a Tampa-based diversified brand owner, has aggressively expanded its Solana treasury, more than doubling its SOL holdings to over 2 million tokens in July. The company funded the purchases through a $200 million capital raise via common stock and convertible notes, capitalizing on discounted "locked SOL" acquisitions at mid-teens below market rates.
CEO Allan Marshall highlighted the strategic accumulation, including bulk purchases of 100,000 SOL on July 21 and 83,000 SOL three days later. The holdings now generate an 8% staking yield while trading at 0.9x basic market NAV, with shares rallying 56% monthly. "This was a game-changing month," Marshall noted, emphasizing built-in gains from discounted purchases.
Solana Price Steadies Near $167: Is It The Perfect Buying Opportunity?
Solana's price has rebounded nearly 8% in early August after a sharp 25% decline from July highs. The recovery to $167 reflects improving market sentiment and bullish technical indicators, including a crucial trendline support bounce.
Key drivers include Solana's Seekers Mobile initiative announcement and positive derivatives data. CoinGlass platform shows OI-Weighted Funding Rate flipping positive, signaling growing bullish positioning among futures traders.
The altcoin's resilience comes despite broader macroeconomic concerns, with rising active addresses and strong fundamentals supporting the recovery from July's $155 low after peaking at $206.
Solana Faces Resistance at $100 as GambleFi Project Rollblock Gains Traction
Solana's price struggles below $170 amid broader market weakness, with technical indicators suggesting potential oversold conditions. The Hodler Net Position Change metric surged 102% since July 30, signaling accumulation by long-term investors despite short-term trader exits.
Rollblock emerges as a standout performer, attracting capital flows with its community-driven GambleFi model. Market analysts highlight upcoming CEX listings as a potential catalyst, with $1 price targets gaining credibility as adoption grows.
Realized Profit/Loss Ratio data shows capitulation signals, dropping to 0.15 on August 2 - the lowest monthly reading. This typically precedes market bottoms, with Solana's RSI now at 41.65 approaching oversold territory.
Snorter Bot Presale Hits $2.7M as Solana-Based Trading Tool Gains Traction in Meme Coin Market
The meme coin market resurgence, now valued at $66 billion with daily volumes exceeding $6.5 billion, has fueled demand for Snorter—a Telegram-based Solana trading bot designed to identify high-potential tokens early. Its presale for SNORT tokens has surpassed $2.7 million amid growing interest in automated meme coin trading tools.
Snorter combines low-latency execution via private RPC nodes with security features including scam detection and MEV protection. The bot enables copy-trading of successful wallets and operates entirely within Telegram, offering an integrated interface for portfolio management without external tools. This approach targets retail traders seeking an edge in the volatile meme coin sector.
