- Solana’s New Mobile Device Drives Prices
- Overwhelming preorders demonstrate strong interest.
- Unexpected Fed rate cut propels Bitcoin to new highs.
While everyone’s focus is on Bitcoin, Solana is quietly making a power move. Its latest smartphone sensation is gaining traction among the crypto community as well as triggering price surges. Dubbed Solana Seeker, the new device with a wide range of state-of-the-art features, cutting-edge hardware, and software integration.
One such is the Seed Vault, an advanced security feature that safeguards users’ assets. It allows users to send transactions with a simple double-tap while offering an upgraded user experience. Beyond that, it has also enhanced the Mobile dApp Store, introducing improved navigation and the ability to track all rewards in one place.
Another notable feature is the addition of the Seeker Genesis Token, a soulbound NFT providing VIP access to rewards, exclusive content, and projects within the SOL ecosystem. For builders and developers, this token is set to offer genuine interactions with Solana OGs, fostering connections in dApps, DeFi, gaming, and more.
Solana’s DePIN Push Fuels Seeker’s Success
Beyond just hardware, Solana Labs has focused on expanding its use cases to the other emerging areas of technology. This includes the much talked about DePIN space that utilizes blockchain and tokenized incentives to build real-world infrastructure across areas like wireless networks, storage, geolocation, transportation, and energy.
Seeker users can participate in DePIN apps like Helium Mobile, offering exclusive deals, and use Moonshot by Dexscreener for Seeker-only optimizations in launching web3 projects. The launch was met with unprecedented enthusiasm, generating 140k+ preorders from 57 countries in record time.
Besides Solana, Bitcoin and Mew also stood out. Bitcoin surged to $62,200 following the unexpected Federal Reserve rate cut of 50 basis points. If the momentum continues, the cryptocurrency could hit a new 25-day high. Additionally, the state of Louisiana recently announced that it has officially begun accepting Bitcoin as a form of payment for state services. Besides BTC, the state will integrate USD coin and BTC Lightning
MEW, another top gainer, has seen its price surge due to its recent listing on Upbit and the excitement surrounding recent airdrop events.