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The Solana price jumped 2% in the last 24 hours to trade at $167.87 as of 11:26 p.m. EST as investors buy the crypto.
That increase in the SOL price comes as Solana Mobile starts shipping the second generation of its Mobile device, the Seeker phone, supplying users in over 50 countries.
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
The device amassed over 150,000 pre-orders and will feature upgraded technology, a mobile-native crypto wallet and a decentralized app store.
Solana Price Escapes Negative Channel, Nears A Major Resistance
Daily chart for SOL/USD (Source: GeckoTerminal)
The Solana price was able to escape above a medium-term descending channel over the last couple of days, enabling it to break back above the $160.77 mark that has now been turned into support, data from GeckoTerminal shows.
Now, the altcoin is heading towards the next major barrier at $177.66. Should it clear this obstacle, continued pressure from bulls could push SOL all the way up to $192.86.
That bullish thesis might not play out, however, if there is a sudden sell-off in the broader crypto market or if the Solana price is rejected by the $177.66 resistance level.
In a more bearish scenario, the crypto could end up losing the support of the $160.77 mark again. If this happens, the Solana price might then be exposed to the risk of falling all the way down to $145.57.
Solana Price Technicals Suggest The Rise Might Just Be Starting
Looking at technical indicators on the daily chart, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) both suggest the Solana price will keep climbing in the next 24-48 hours.
Over the last couple of days, the MACD line has started to rise towards the MACD Signal line. This is oftentimes seen as an early indication that a crypto’s momentum is turning positive. If the gap between the two lines keeps shrinking, a bullish crossover might happen, signaling that SOL has entered a short-term positive trend.
Meanwhile, buyers have also started to slowly gain control in the last couple of days, as suggested by the uptick in RSI readings during this period. Traders will, however, want to keep an eye on this indicator, because the current reading is still below the neutral 50 mark. This suggests sellers still have a slight upper hand.
What’s more, the RSI line has started to level off and even slope downward. Traders might see this as an indication that buyer strength has stalled, giving sellers the opportunity to regain some of their lost control.
As the Solana price looks to keep its bullish move going, investors are also buying into a presale crypto called Snorter Token (SNORT). According to 99Bitcoins, a popular crypto YouTube channel with over 723K subscribers, SNORT could potentially soar 10X on launch.
Snorter Turns Telegram Into A Personalized Trading Dashboard
The crypto space has been dominated by bots and whales over the years. Looking to disrupt this competitive trading landscape is Snorter Token, with its lightning-fast and cost-effective bot.
With Snorter, users are able to snipe new tokens as they emerge, perform sub-second swaps, copy the moves of other top traders, and monitor their portfolios in real-time, all from the Telegram messaging app.
On top of that functionality and ease of use, the Snorter bot also comes with advanced rugpull and honeypot scam detection. So far, the bot has shown an 85% success rate when it comes to protecting users from these threats.
Users can therefore focus all of their attention on trading, without first having to question if a project is a sham or not, which delays their trade entries and potentially results in missed profits.
All of that raw trading power and advanced protection also comes with some of the lowest fees on the market. Users who hold SNORT tokens slash their execution costs from 1.5% to 0.85%.
Initially, the bot will be deployed on the Solana blockchain, but there are plans to expand its functionality to networks compatible with the Ethereum Virtual Machine (EVM). As such, there won’t be many trade opportunities that will slip by the Snorter bot undetected, enabling users to capitalize on more of the opportunities in the market.
SNORT Presale Closes On $3 Million
The Snorter Token presale has already raised over $2.7 million, an indication of strong investor confidence.
Interested investors can still buy in at this early stage. Selling for $0.1003 apiece, SNORT tokens can be bought via the simple widget embedded on the project’s website using either crypto or bank card.
Investors will want to buy before the next presale price hike in around 30 hours in order to secure the best ICO deal.
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