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Home CRYPTO

Solana Holds Steady at $168 as Seeker Phones Begin Shipping Worldwide

by Drop Gorn
August 4, 2025
in CRYPTO, FINANCE, OPINION, SOLANA, TECHNOLOGY
Reading Time: 3 mins read
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  • Solana’s Seeker crypto phones are shipping to 50+ countries, boosting its ecosystem visibility and community engagement.
  • Funding rates have flipped positive for SOL, hinting at improving trader sentiment and potential short-term upside.
  • SOL is holding above key support levels around $162–$163; a break higher could target $184+, but a correction could drag it down to $150.

Solana’s price is chillin’ around $168 today, bouncing back almost 7% over the last 48 hours. Not bad, considering the crypto market’s been a bit shaky lately. What’s fueling this rebound? Well, part of it’s coming from a big ecosystem push — Solana’s new Seeker mobile devices have officially started shipping to users across more than 50 countries. It’s not just about phones though — trader sentiment seems to be shifting in SOL’s favor too, with derivatives data flashing green again.

Seeker Shipments Go Global, Could Boost SOL Ecosystem

On Monday, Solana Mobile announced that its Seeker devices were finally rolling out — and fast. Tens of thousands of units are being shipped globally, with users from 50+ countries on the receiving end. That’s pretty major.

In a post on X (formerly Twitter), Seeker said:

“We’re sending tens of thousands of devices to 50+ countries around the world, so sit tight as your order makes its way through over the coming weeks.”

The Seeker phone already racked up over 150,000 pre-orders, and it’s not just another crypto-gimmick gadget. It packs in an upgraded hardware suite, a mobile-native wallet, and its own decentralized app store — basically a crypto-native smartphone experience.

Seekers officially start shipping today! Thank you for your support and belief in Solana Mobile since day one.

We’re sending tens of thousands of devices to 50+ countries around the world, so sit tight as your order makes its way through over the coming weeks. pic.twitter.com/dQtkWi26JB

— Seeker | Solana Mobile (@solanamobile) August 4, 2025

Sentiment Shifts: Funding Rates Turn Positive

Now let’s talk numbers — and vibes. According to data from CoinGlass, Solana’s OI-weighted funding rate flipped into the positive on Tuesday, hitting 0.0006%. What does that mean? Essentially, more traders are betting on SOL going up rather than down.

That little flip — negative to positive — has historically signaled strong rallies for Solana. When longs start paying shorts, it’s a sign of confidence building up again. And with funding rates just tipping into bullish territory, it could be the beginning of another leg higher.

Solana Sol Technical Analysis

Price Outlook: Will SOL Push Toward $184 or Slide Back to $150?

Last week wasn’t so great. SOL dipped below its $184.13 support and dropped 13% over five days. But it found solid footing near the 200-day EMA around $162.75 — which also aligns with the 61.8% Fib retracement level at $163.40. Basically, that zone turned out to be a strong floor.

Since Sunday, it’s bounced back nicely. SOL gained 4.68% on Monday and now holds around $168. If bulls keep that 200-day EMA protected, there’s a decent shot at retesting the $184 range again.

But here’s the thing — the RSI on the daily chart is at 47, pointing up but still not quite over the neutral 50 line. It needs to break through that to really build momentum. If the rally fizzles, SOL could slide back to the 50% Fib level near $150.39. So yeah, it’s still a tightrope walk.

Tags: $SOLCoinglassSeekerSolana
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