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The Solana price surged 6% in the last 24 hours to trade at $146.34 as of 00:29 a.m. EST on trading volume that rose 1% to $2.8 billion.
This comes after Solana unveiled its new smartphone, the Solana Seeker, which is scheduled for a mid-2025 release and has already garnered 140,000 pre-orders. Compared to its predecessor, the Saga, the Seeker boasts upgraded features, including a premium display, better camera, and a longer-lasting battery.
2/ So, what is Seeker?
It’s the definitive web3 mobile device, designed to harmonize hardware & software.
Lighter, brighter, with a better camera & longer battery at a more accessible price.
At its heart is the Seed Vault, designed for top-tier security — and it’s evolving. pic.twitter.com/xv4bGBfgCu
— Seeker | Solana Mobile (@solanamobile) September 19, 2024
Solana Mobile plans to refine the product through user feedback before expanding to a broader audience.
Solana Price To Sustain The Breakout
According to data from GeckoTerminal, the Solana price has been in a consolidation phase since the beginning of September, trading within a sideways pattern within the $137 and $127.19 range.
However, in the last two days, the bulls won the struggle for dominance, pushing the price of Solana from below the lower boundary of the sideways pattern to breach the $137 resistance.
SOL price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which coincides with the current uptrend.
The Relative Strength Index (RSI) is soaring past the 70-overbought region, currently at 73, which indicates that SOL is under intense buying pressure. The RSI’s soaring may also indicate that Solana is now overvalued.
Moreover, the bullish sentiments are supported by the Moving Average Convergence Divergence (MACD), which now soars past the neutral line. The blue MACD line also crosses above the orange signal line, confirming the bullish momentum.
Solana Price Prediction
According to the Solana price analysis on the 4-hour chart, SOL is currently on a positive trajectory, as confirmed by the major indicators, including the RSI and MACD.
If this momentum continues, the Solana price could soar even further, as the bulls target the $162 resistance.
However, the overvalued RSI may be a selling signal for the bears. If selling begins at this level, the price of Solana may plunge back to the $129 support level.
Meanwhile, Pepe Unchained (PEPU) has surged past $14 Million in its blockbuster presale, one of the most successful of the year.
According to 99Bitcoins, a prominent crypto channel on YouTube with over 706K subscribers, $PEPU has the potential to soar 100X after its launch.
Pepe Unchained Raises Over $14 Million In Presale
As its name makes clear, Pepe Unchained’s goal is to free the OG Pepe coin from his old, clunky Layer-1 server room. That’s why it comes with its own proprietary Ethereum Layer 2 blockchain.
After surpassing $12.6 million in presale funding on Wednesday, Pepe Unchained made another splash with a developer grant announcement on X to start building its ecosystem. This has since helped funds raised rocket past $14 million.
That means that in Q4, it will open grant applications for developers that want to build on PEPU’s Layer 2 blockchain.
It’s essential that we equip developers with all the necessary tools—comprehensive guides and financial support—to build outstanding dApps.
In Q4, we’ll officially open grant applications for developers looking to build on Pepe L2.
This is your chance to help shape the future…
— Pepe Unchained (@pepe_unchained) September 18, 2024
Its new proprietary blockchain will also serve as the launchpad for future meme coins and other tokens, leveraging the same cost-efficient transactions as $PEPU.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
Token holders can earn passively through the platform’s staking system, which offers an annual percentage yield (APY) of 148%.
You can buy $PEPU tokens for $0.00981 each. With a price hike coming in less than a day, interested investors should buy soon for the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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