Solana Seeker Mobile App Launches With Cutting-Edge AI Capabilities as SOL Token Sees 5% Increase
The native cryptocurrency of the Layer-1 blockchain Solana, SOL, has seen a 6% surge in the last 24 hours following a significant announcement about Solana Mobile 2.0. This has propelled the SOL price closer to $140 once again. The new Web3 mobile device from Solana, known as Solana Seeker, introduces enhanced security features and new AI capabilities.
Unveiling Solana Seeker
Market Response and Performance
The current SOL price stands at $138.8, marking a 5.97% increase, with a market cap of $65 billion. Despite fluctuations, the SOL price has been hovering around $150 for the past five months as attention shifts from meme coins on the Layer-1 blockchain to the Tron blockchain network.
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Concerns about Solana’s economic design have caused some selling pressure on the SOL cryptocurrency, with speculation that Solana could be the next Terra LUNA. However, Justin Bons, the founder and CIO of Cyber Capital, dismissed these concerns as exaggerated and unfounded fear-mongering.
Solana Support Level
The SOL price is currently at a crucial support level, and if it fails, it could trigger a significant correction. Notably, trader Peter Brandt has warned that a failure of the support level could lead to a larger rectangular consolidation pattern, potentially driving the SOL price down to $80.
The latest announcement from Solana Mobile introduces the Solana Seeker Mobile 2.0, a next-generation Web3 mobile device. This new device seamlessly integrates hardware and software, offering a lighter build, improved camera, longer battery life, and a more accessible price. Additionally, the Solana Seeker Mobile comes with the new Seed Vault Wallet, developed in partnership with Solflare Wallet, providing features like double-tap transactions, secure self-custody, and a smooth user experience.
Solana has also updated its Mobile dApp Store for improved user navigation and mobile tracking. The Seeker mobile device offers exclusive Web3 experiences, including DeFi, payments, NFTs, and games, and comes with the Seeker Genesis Token for VIP access to content and rewards within the Solana ecosystem.
Other Update and Achievement from Solana
Furthermore, the Seeker Mobile offers connections to dApps, DeFi, and more, allowing builders to leverage the growing interest in the Solana community. Solana has also unveiled a major update for the developer community with the ZK Compression going live, and Seeker extends Solana’s AI integration, enabling tokenized AI agents to interact on-chain for new engagement possibilities. Additionally, users can earn using DePIN apps such as Helium Mobile, which provides exclusive coverage and network mapping opportunities.
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Kayode Michael is a seasoned cryptocurrency analyst, successful trader, and skilled writer with a strong command of cryptocurrency analysis and price action. He leverages his technical analysis skills to provide valuable insights into emerging market trends and potential opportunities for investors to make informed decisions.
