Solana Mobile’s new crypto smartphone, Seeker, has begun shipping to users in more than 50 countries, promising native dApp access and onchain rewards. 

Despite this expansion in Solana’s mobile strategy, the price of SOL has fallen 10% over the past week. This disconnect between ecosystem growth and token performance raises the question: is the Seeker launch enough to drive a meaningful shift in SOL’s price outlook?

Seeker Launch Highlights and Market Reaction So Far

Solana’s Seeker device is the successor to the 2023 Saga phone, this time with a more accessible $450 price tag and improved features tailored for Web3 users. 

It includes Seed Vault key storage, access to a dedicated Solana dApp Store, and an onchain Genesis Token that unlocks app airdrops and SKR token rewards. 

With “tens of thousands” of units now in distribution, Solana Mobile is making a strong push to extend its ecosystem beyond desktop wallets and DeFi apps.

Yet, market reaction has been mixed. While the device rollout expands Solana’s product reach, the broader market has not responded with bullish enthusiasm. SOL has dropped nearly 10% in the same week Seeker shipments began. 

This suggests that traders may be cautious, perhaps waiting to see whether the mobile initiative drives meaningful user activity or merely adds to Solana’s speculative narrative.

The challenge lies in converting hardware adoption into lasting value. While airdrops and Genesis Tokens may entice early adopters, lasting growth will depend on app usage, developer traction, and how deeply Seeker integrates with the Solana blockchain ecosystem. 

If users simply claim their perks and disengage, it is unlikely to push SOL meaningfully upward. However, if Seeker opens the door to sustained engagement and wider onchain activity, price sentiment may improve over time.

Read also: Solana Price and Letsbonk - Powering 2025's Crypto Growth

Price Analysis: SOL Drops Despite Growing Onchain Strength

Solana’s price action paints a conflicted picture. As of August 6, 2025, SOL has dropped around 10% in the past week, while its Total Value Locked (TVL) has actually increased by 2.67%. 

This divergence between price and onchain strength shows that traders are not yet pricing in Solana’s ecosystem growth. 

In contrast, Ethereum has gained nearly 49% in the past month, attracting a greater share of institutional capital.

The SOL/ETH ratio has also fallen by 25%, reaching one of its lowest points since 2022. This suggests that even with Solana’s fast transaction speeds and lower fees, investors continue to view Ethereum as a safer and more versatile long-term asset. 

The market has not rewarded Solana’s technical improvements or its Seeker rollout with stronger price support.

Part of the issue is perception. While Solana has been home to popular meme tokens like BONK and LilPepe, these assets are not viewed as institutional-grade. 

Meanwhile, Ethereum is expanding in areas like real-world assets, decentralised finance, and enterprise integrations. As a result, capital has moved away from SOL despite continued development within the ecosystem.

Still, some analysts remain optimistic. Solana’s fundamentals remain intact, with steady network activity and a growing list of supported apps. 

If the market turns more risk-on, SOL may be positioned for a rebound. For now, however, price remains in a bearish posture despite underlying ecosystem health.

Read also: Solana Price Outlook Post-Seeker Launch

What’s Next For SOL Price in 2025?

Looking ahead, the outlook for SOL remains mixed. On the bullish end, some forecasts suggest a price of up to $500 by late 2025, particularly if mobile adoption, DeFi growth, and institutional confidence pick up. 

This would require strong uptake of Seeker, deeper ecosystem maturity, and favourable broader market conditions.

More cautious projections point to a price range of $180 to $185 over the next few months, assuming steady growth but no major breakthroughs. 

In this scenario, SOL maintains its position as a second-tier smart contract platform, with moderate user growth but limited institutional traction.

At the low end, if market sentiment continues to favour Ethereum and macroeconomic conditions tighten, SOL could remain stuck below $150. This would reflect continued struggles in converting development momentum into price action and capital inflows.

Much depends on whether Seeker becomes more than a niche product. If users actively engage with Solana dApps on mobile, participate in onchain activity, and bring new communities into the ecosystem, the token may recover and exceed current expectations. 

But if the phone becomes a speculative tool or remains underused, the market may continue to overlook its significance.

Ultimately, Solana’s challenge is not technical. It is about converting strong infrastructure into sustained demand and value creation. The Seeker launch is a step in that direction, but more will be needed to drive long-term price appreciation.

Read also: Can Solana Mobile Disrupt the Web3 Hardware Market?

Conclusion

Solana’s Seeker phone rollout marks a notable step in the project’s expansion, introducing hardware-based access to its onchain ecosystem. However, SOL’s 10% price decline shows that traders are yet to be convinced that Seeker will change the token’s trajectory. 

Onchain strength remains, but the real question is whether the mobile push can deliver long-term adoption.

Read also: Introduction to Bitrue Alpha - Completed Explanation

For those looking to trade SOL more safely and efficiently, Bitrue remains one of the best platforms available, offering a smooth, secure, and user-friendly trading experience.

FAQ

What is the current price trend of SOL?

SOL is down around 10% this week, despite rising onchain activity and the launch of the Seeker mobile phone.

What is Seeker and how does it relate to Solana?

Seeker is Solana Mobile’s new crypto smartphone with integrated blockchain features, designed to increase access to Solana’s ecosystem.

Why is SOL’s price falling despite TVL growth?

The market is favouring Ethereum at the moment, and Solana’s speculative projects may not appeal to institutional investors, limiting price movement.

Could SOL reach $500 in 2025?

Some bullish forecasts suggest that, but it would require widespread mobile adoption, stronger institutional confidence, and favourable market conditions.

Where is the best place to trade SOL?

Bitrue is a secure and efficient platform for trading SOL, with competitive features and strong support for retail traders.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

Bitrue Official Website:

Website: https://www.bitrue.com/

Sign Up: https://www.bitrue.com/user/register

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.