Solana Mobile has announced the launch of a new smartphone: Solana Seeker. What is so interesting about this model, which aims to become part of the web3 ecosystem?
Solana Mobile has announced the launch of a new smartphone: Solana Seeker. The developers claim that this model will become a key part of the web3 ecosystem.
What's so special about Solana Seeker?
Solana Seeker promises users improved specifications compared to previous models. It has less weight, a brighter display, an improved camera, and a longer-lasting battery.
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The device is fully integrated with the Solana blockchain. The smartphone is aimed at users who actively interact with cryptocurrencies and decentralized applications (dapps). The developers have updated the dApp store, adding features to track rewards and improve navigation through the apps.
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Each Seeker device will be accompanied by a unique Seeker Genesis token, giving users access to additional features in the Solana ecosystem, including exclusive rewards and content.
All digital assets and crypto keys will be stored in the secure seed vault. However, in the new model, the vault has received an additional upgrade developed in conjunction with the Solflare crypto wallet. Users will be able to make one-click transactions and manage assets within the smartphone.
However, Solana’s main technological innovation is the integration of artificial intelligence into the device. Seeker users will be able to create tokenized ai agents that will interact with Solana-based programs.
Solana Mobile has already raised $70 million
Pre-orders for the Solana Seeker are now open for $450. However, the smartphone will not ship until 2025.
The announcement of the new device has already generated a lot of interest. In just a few days since reservations opened, Solana Mobile has already grossed $70 million, a figure that is almost five times the revenue from the sale of the previous Saga model.
It is worth noting that more than half of the orders came from the Asia-Pacific region, where Solana smartphones had previously sold poorly.
How SOL reacts
The price of the ecosystem’s native token, Solana (SOL), increased by 8.34% following the news of the launch of the Solana Seeker device. At the time of writing, the cryptocurrency was trading at $140.67.
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The US Federal Reserve's decision to cut the key interest rate by 50 basis points from 5.25-5.5% to 4.75-5% could also contribute to the positive dynamics. Reducing the key interest rate, as a rule, stimulates demand for risky assets, including digital currencies.
The first hype around Solana Mobile
In June 2022, Solana Mobile introduced Saga, an Android mobile phone that allowed users to connect to the web3 space.
Initially, pre-orders required a $100 deposit, which would be deducted from the final price of the phone. The device also received support for managing digital assets, such as tokens and nfts.
The real hype around Saga didn’t really take off until late 2023. The hype around the Bonk (BONK) token caused the stock of Saga, a web3 smartphone from Solana, to sell out. The new product hit the market in May 2023, but by December everyone had forgotten about it. However, the meme coin changed this dynamic.
Since launch, all Saga owners were able to claim 30 million BONK. Free tokens were available to those who downloaded the BONK app from a special store on Saga. Solana co-founder Raj Gokal x.com/rajgokal/status/1735381977250054548″ target=”_blank”>wrote In x, sales of the saga multiplied by 10 in 48 hours:
“Haha. Just so everyone knows, sales of the @solanamobile series have increased more than 10x in the last 48 hours and are now on track to sell out before the new year.”
The increase was so large that his colleague Anatoly Yakovenko later announced a price increase for the mobile phone. On the secondary market, the price of the Saga reached $5,000.
<h2 class="wp-block-heading" id="what-does-the-crypto-community-say”>What does the crypto community say?
Solana users were excited by the news of the phone's launch. Many supported the initiative, saying that the development will help spur mass adoption of cryptocurrencies.
However, time will tell whether the smartphone will actually spur cryptocurrency adoption – for now, the device is only available for pre-order.
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