Solana Mobile has begun shipping the first pre-ordered batch of 150,000 Seeker smartphones. The Solana Seeker smartphone includes features of the Solana Sage plus new updates, bringing a decentralized Solana mobile network to the public. The news sent the Solana SOL cryptocurrency higher on Monday by 3%, sparking optimism amongst investors in the asset.

Emmett Hollyer, the General Manager at Solana Mobile, says the Seeker is more about creating “rewarding” connections to an ecosystem than anything else. “Aligning incentives is essential to building a truly decentralized and self-sustaining mobile ecosystem,…It transforms the traditional mobile business model by giving stakeholders actual ownership in the platform.” Meanwhile, Anatoly Yakovenko, the co-founder and CEO of Solana Labs, says the Seeker’s TEEPIN architecture represented the “next evolution in mobile.” He pointed out that the framework did not have a centralized authority to grant trust. Trust is “verified through cryptography.”

The Solana Network and related entities have had a successful 2025 thus far, positively impacting the SOL cryptocurrency’s performance. Year-to-date, SOL is down in value, but the asset is back on the rise and looking to challenge $200. The looming approval of the first spot SOL ETFs by the SEC could also spark a rally. Recently, firms including Bitwise, Fidelity, Grayscale, FranklinTempleton, VanEck, Canary Capital, and CoinShares submitted amended S-1 registration statements to the U.S. Securities and Exchange Commission (SEC). Typically, amended S-1 forms indicate progress between issuers and the US regulator in trying to make the chosen crypto ETF a reality.

Also Read: Solana SOL ETFs Inching Closer: Invest Before It’s Too Late?

Furthermore, following the passage of the GENIUS crypto act two weeks ago, several cryptocurrencies saw a boost in price, including Solana SOL. Analysts are bullish on the crypto market in August, expecting coins to continue surging in value. If these developments drive SOl forward, the asset could target $200-$250 by the Fall.

Solana SOL’s Relative Strength Index (RSI) is at 45.23, which indicates a slowed momentum following its high of the index above 70 in the previous month. The token has fallen 5.21% in the last week. Its price has been oscillating at a level between $121 and $204 value signifying a delaying trend following a remarkable performance in July.