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Reading: Solana Set to Soar? What the August Phone Launch Could Mean for SOL
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Mycryptopot > News > Crypto > Solana > Solana Set to Soar? What the August Phone Launch Could Mean for SOL
Solana

Solana Set to Soar? What the August Phone Launch Could Mean for SOL

May 22, 2025 3 Min Read
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2 Stock-Split Stocks to Buy and 1 to Avoid

A few property within the cryptocurrency market have been beneath the highlight for his or her notable worth progress over the previous 12 months. Together with altcoins like Ripple’s XRP, Solana (SOL) held a distinguished spot on this listing. The asset went from buying and selling at a low of $96.59 all the way in which to a excessive of $294.33. SOL reached this peak about 4 months in the past in January 2025. At the moment, the altcoin is buying and selling 40% under this all-time excessive. After an enormous drop through the previous couple of months, SOL’s annual beneficial properties stand at a detrimental 2.82%. However a glance again on the cryptocurrency’s progress fee highlights its true potential.

Solana Jumps On The Restoration Wagon

The sixth-largest cryptocurrency, Solana, was buying and selling round $173.70 on the time of writing. All through the previous 24 hours, SOL surged by 3.15%. Simply earlier right now, the asset was buying and selling at a low of $166.30 earlier than leaping to a excessive of $175.52.

The Solana community is all set to roll out a second-gen Android telephone later this 12 months. In accordance with studies, the Solana Seeker smartphone will entail options of the Solana Sage gadget. The telephone is ready to go stay and begin delivery on August 4, 2025. The community’s very first gadget was rolled out in April 2023. The Seeker mannequin is the Chapter Two or successor of Saga. The community bought a complete of 100k Saga units.

August Worth Prediction

Along with the gadget, the Solana community intends to roll out a brand new token. SKR is predicted to emerge as an asset of the community’s decentralized cell wing. Consequently, the upcoming launch is necessary for your entire Solana ecosystem.

In accordance with information from CoinCodex, Solana is predicted to document a dainty rise from its present worth. The asset will commerce at a most worth of $176.96. The common buying and selling worth of SOL was set at $157.95.

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Reading: Solana Set to Soar? What the August Phone Launch Could Mean for SOL
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