SOL Price Jumps 5% As Solana Seeker Mobile Goes Live With AI Features

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As a seasoned analyst with over two decades of experience in the tech and financial sectors, I find the recent surge of Solana’s SOL token quite intriguing. The 6% increase in just 24 hours, following the announcement of Solana Mobile 2.0, is not only impressive but also a testament to the growing interest in Web3 technology and the Solana ecosystem.

As an analyst, I’m observing a 6% surge in the value of SOL, the native cryptocurrency of the Layer-1 blockchain Solana, over the past 24 hours. This upward trend is driven by an exciting announcement concerning Solana Mobile 2.0. The latest development brings us closer to the $140 mark for SOL price. I’m particularly intrigued by the upcoming Web3 mobile device from Solana, dubbed Solana Seeker. This device boasts a state-of-the-art and secure vault system, along with innovative AI features, making it an exciting addition to the Solana ecosystem.

SOL Price Shoots Amid Major Announcement

At present, the SOL price is increasing by 5.97% and stands at $138.8, with a total market capitalization of $65 billion. Over the past five months, it’s been observed that the Solana Price has been hovering near the $150 mark as the excitement surrounding meme coins on the Layer-1 blockchain gradually decreases, and attention shifts towards the Tron blockchain network.

As a researcher, I’ve noticed a significant wave of uncertainty circulating in the market regarding Solana’s economic structure, which seems to be causing some sell-off in SOL cryptocurrency. Some reports even liken Solana to the next Terra LUNA, stirring up fear. However, Justin Bons, founder and CIO of Cyber Capital, has challenged this narrative, labeling these concerns as unwarranted and baseless.

As a crypto investor, I’m closely watching the Solana (SOL) price right now. It’s currently hovering around some critical support zones. If these levels break, it might initiate a significant correction. Notably, renowned trader Peter Brandt has expressed his views on SOL, suggesting that if the support fails, it could mark the end of a larger rectangular consolidation pattern. This scenario might push the Solana price down to approximately $80.

In the current supportive region, if this support weakens, it could potentially trigger a complete large reversal pattern leading to approximately $80.

— Peter Brandt (@PeterLBrandt) September 18, 2024

Solana Seeker Mobile 2.0 – What It Offers?

Today’s recent update brings news of Solana Mobile launching the Solana Seeker Mobile 2.0, their latest Web3 mobile innovation. This cutting-edge device boasts a harmonious blend of hardware and software, sporting a sleeker design with enhanced lighting and improved camera capabilities, along with extended battery life. What’s more, it comes at a wallet-friendly price point.

The Solana Seeker Mobile now includes the recently developed joint wallet called Seed Vault Wallet, which was collaboratively created by Solflare Wallet. This mobile-centric wallet offers advantages such as quick double-tap transactions, secure personal storage, and an intuitive user interface for seamless navigation.

In addition, Solana has upgraded its mobile app store for smoother user experience and mobile monitoring. The Seeker mobile gadget offers unique web3 encounters, encompassing DeFi, transactions, NFTs, and games. It additionally includes the Seeker Genesis Token, offering VIP privileges to content and incentives within the Solana network. The community eagerly anticipates the possible influence of the Seeker token on SOL‘s price in the future.

With the Solana Seeker Mobile providing links to dApps, DeFi, and other features, developers can capitalize on the increasing curiosity within the Solana community. Not too long ago, they introduced an important upgrade specifically for the Solana development community – the activation of ZK Compression.

Additionally, the Seeker platform enhances Solana’s AI capabilities by introducing tokenized AI agents that communicate on-chain, opening up novel interaction avenues. Notably, users can profit from utilizing DePIN applications like Helium Mobile, offering unique coverage and network mapping advantages.

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2024-09-19 09:26