Solana Cellular, a subsidiary of blockchain know-how firm Solana Labs, has revealed the following steps for its soon-to-be-shipped Seeker system and the general ecosystem. The steps embrace a brand new, trustless structure, a local token, and the Seeker ship date.
In response to the announcement, Solana Cellular will ship the system beginning Aug. 4. Seeker is the corporate’s second-generation system, after the Saga Web3 telephone that launched in April 2023.
The corporate unveiled the Seeker telephone in September 2024, saying it wouldn’t simply be a “memecoin telephone.” To date, it has pre-sold 150,000 models.
The Solana Seeker has gone by means of two sale phases: The Founder window, the place the worth for every system was $450, and the Early Adopter window, the place the worth per system was $500.
Assuming the cheaper price window, Solana Cellular may generate at the very least $67.5 million in gross income from system gross sales. For comparability, the iPhone generated $199.3 billion in income for Apple in 2024.
The brand new structure that can govern future Solana Cellular gadgets known as TEEPIN, which stands for “Trusted Execution Setting Platform Infrastructure Community.” It’s a three-layer structure — {hardware}, platform, and community layers — that can permit customers, builders, and system makers to take part in a trustless atmosphere.
Anatoly Yakovenko, co-founder and CEO of Solana Labs, referred to as TEEPIN “the following evolution in cell” and a framework the place belief is “verified by cryptography.”
As well as, Solana Cellular is planning to launch “SKR,” the native asset of the Solana Cellular ecosystem. “It transforms the normal cell enterprise mannequin by giving stakeholders precise possession within the platform,” mentioned Emmett Hollyer, normal supervisor at Solana Cellular.
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Solana Saga
Solana Cellular’s first launched system, Saga, initially elicited combined reactions from the Web3 neighborhood — some hailed it as Web3’s “iPhone second,” whereas others pointed to the community’s outages as a disadvantage.
The Saga telephone didn’t take off till late 2023, when a surge within the worth of memecoins saved on the gadgets turned them into sudden revenue machines. Some models have been listed on eBay for 1000’s of {dollars}, pushed by rising demand. By December 2023, the Saga had utterly offered out.
Journal: Memecoins are ded — However Solana ‘100x higher’ regardless of income plunge
