Will SOL Spike To $250 Now?

Solana has recently announced the launch of its second phone. Dubbed the “Seeker,” the newest web3 phone will succeed Saga and will come with notable top-edge crypto-centric specifications to tempt users. After the announcement, social media has been abuzz about whether the new phone launch will play a pivotal role in shaping Solana’s future price momentum.

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Seeker Phone Launched By Solana

Solana has once again announced the launch of its second Web3 phone, the “Seeker.” The phone will officially be available for users in 2025 and will come furnished with a plethora of Web3-centric features to help investors and consumers explore the domain with ease.

The second phone was announced at the Token 2049 event in Singapore. According to Seeker’s official press document, pre-sales have already exceeded 130,000 units across 57 countries.

The phone has pre-loaded Web3 functionalities such as the Seed vault wallet, Solana dApp store, seeker genesis token, and improved hardware.

“We founded Solana Mobile with the mission of taking crypto mobile. ” To achieve that, we needed to make Seeker more accessible, more affordable, and for its hardware and software to be even more deeply integrated for web3. The support from across the Solana community so far has been incredible, and with features like the new Seed Vault Wallet and the updated Solana dApp Store, we think Seeker will be the definitive web3 mobile device when it comes out next year.” As shared by Anatomy Yakovenko, CEO of Solana.

Seeker is currently priced at $449, with pre-sales of the phone acceptable till September 21.

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Will Seeker Help Shape The Token’s Future Price?

SOL is currently trading at $138, up 5% in the last 24 hours. The token breached the $250 price mark in May 2024 and has since plummeted to trade at $130-$140 price levels. Now that the second version of Seeker has been announced, analysts have already started to predict mega-bullish sentiments for SOL.

According to CoinCodex, SOL may sit at the $154 price mark by mid-October 2024.

“According to our current Solana price prediction, the price of Solana is predicted to rise by 17.57% and reach $ 145.60 by October 18, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 45 (fear). Solana recorded 12/30 (40%) green days with 6.55% price volatility over the last 30 days. Based on the Solana forecast, it’s now a bad time to buy Solana.”

The token may finally breach the $250 price mark by March 2025.

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