Wrapped Solana priceSOL

Solana remains under corrective bearish pressure following a sharp rejection from the $225–$253 supply zone, where price topped near the Fib 0.786–1.0 levels. This rejection confirmed a clear distribution phase and triggered a strong downside move. The sell-off accelerated once SOL lost the $203–$187 region (0.618–0.5 Fib), pushing price decisively below all major EMAs and confirming short-to-medium-term bearish control. EMA Structure (Bearish Alignment) 20 EMA – $130.23 50 EMA – $142.93 100 EMA – $158.49 200 EMA – $167.67 All EMAs are sloping downward and stacked above price, meaning every rebound attempt continues to face strong dynamic resistance. SOL is currently consolidating near the $132–$128 major demand zone, which aligns closely with the Fib 0 level at $127.63 below. This zone has historically acted as strong support, and recent price action suggests selling pressure is easing, increasing the probability of a short-term relief bounce. For bulls, the first key level to reclaim is $150.30 (0.236 Fib). A daily close above this level would indicate early stabilization. A stronger recovery would require SOL to break above $171.99 (0.382 Fib) and then reclaim $187.55 (0.5 Fib) — where the previous breakdown occurred. A full trend reversal would only be confirmed if SOL regains $203.11 (0.618 Fib) and holds above it — a scenario that currently remains unlikely without broader market strength. On the downside, failure to hold the $127–$132 support zone would expose SOL to deeper losses toward the $120 region, the next major downside support. RSI is currently around 41, reflecting weak but stabilizing momentum, consistent with consolidation rather than aggressive selling. 📊 Key Levels Resistance $150.30 (0.236 Fib) $158.49 (100 EMA) $167.67 (200 EMA) $171.99 (0.382 Fib) $187.55 (0.5 Fib) $203.11 (0.618 Fib) $225.26 (0.786 Fib) Support $132–$128 (major demand zone) $127.63 (Fib 0) $120 (extended downside support) RSI 41 — weak momentum, stabilizing 📌 Summary SOL is consolidating above a key demand zone after a sharp corrective decline. While selling pressure has slowed and a short-term bounce is possible, the broader structure remains bearish unless SOL reclaims the $172–$187 resistance region with strength. A breakdown below $127 would expose SOL to further downside toward $120. $SOL

Solana Mobile has ended software update and security patch support for its Saga smartphone. The company warned that compatibility with new software or services “cannot be guaranteed,” and that Saga-specific customer support is now limited to general inquiries, according to Solana Mobile’s help-center notice. Solana Mobile said the change “does not affect Seeker devices,” which will continue to receive updates and patches. What ending Saga support signals for Solana Mobile’s next phase The move sets a time limit on the first wave of “crypto-native phone” adoption as Solana Mobile seeks to expand from a single handset into a distribution layer for apps, identity, and token incentives. Ending patches for a key-carrying endpoint creates a straightforward tradeoff: a smaller long-tail footprint to maintain, and a larger trust burden to carry into the Seeker era. In that next phase, users are being asked to place more daily signing and custody behavior on-device. Support duration is also colliding with the broader direction of the phone market. Apple’s service policy sets “vintage” status at 5–7 years from when a product was last distributed for sale, and “obsolete” after 7 years. Google says Pixel 8 and later receive 7 years of OS and security updates. Samsung has pledged 7 years of updates for the Galaxy S24 line. Qualcomm and Google have pushed Android’s ecosystem toward longer lifecycles on newer Snapdragon programs. Against that backdrop, a phone positioned around custody and signing faces a higher bar than a typical Android device. Why long-term software support matters for crypto-first smartphones The downside of unpatched software is not only app breakage, but also potential exposure of keys, approvals, and wallet workflows. Device / Policy Public support posture Source Solana Saga No further software updates or security patches; compatibility not guaranteed Solana Mobile Help Center Google Pixel 8 and later 7 years of OS and security updates Google Help Samsung Galaxy S24 series 7 years of updates pledge Engadget Apple service classification Vintage at 5–7 years, obsolete after 7 years (service availability rules vary) Apple Support Solana Mobile is attempting to shift the narrative away from “device lifecycle” and toward “platform lifecycle.” Its disclosures are designed to anchor that pivot. At Breakpoint 2024, the company said Seeker had surpassed 150,000 preorders across 57 countries, according to its blog post. Solana Mobile later said Seeker would start shipping worldwide on Aug. 4, 2025. That framing recasts Saga’s end-of-support as a controlled handoff from an early cohort to a larger install base. The company’s next lever is SKR, an incentive layer that ties hardware ownership and usage to token distribution. Over time, that system is also intended to support a governance and review model that Solana Mobile calls “Guardians.” Solana Mobile said SKR is planned to launch in January 2026 with a total supply of 10 billion tokens and an allocation that includes 30% earmarked for airdrops. The post also said “over $100M in economic activity” has flowed through 175+ dApps during “Seeker Season” over the past few months. That positions the phone as an alternative distribution rail rather than a one-time hardware sale. What the SKR airdrop math suggests for Seeker holders Those figures allow setting expectation ranges without relying on token price assumptions. If 30% of SKR supply is reserved for airdrops, that implies 3 billion SKR designated for distribution, based on Solana Mobile’s published allocation. If 150,000 Seeker preorder holders were eligible on equal terms, that would be 20,000 SKR per device. If eligibility were limited to “active” devices and 60% qualified, that rises to about 33,333 SKR per active device. If allocations include developers, non-device users, or multiple campaigns, the per-device figure declines accordingly. SKR airdrop pool assumption Eligible participants Implied SKR per participant Math basis 30% of 10B = 3B SKR 150,000 devices 20,000 3,000,000,000 / 150,000 30% of 10B = 3B SKR 90,000 active devices (60%) 33,333 3,000,000,000 / 90,000 A parallel range can be sketched for platform throughput using Solana Mobile’s “Seeker Season” activity claim. If “past few months” is interpreted as three to five months, $100 million equates to roughly $20 million to $33 million per month flowing through participating dApps, using only the company’s stated totals. Whether that flow becomes recurring depends on two measurable milestones already on the calendar: SKR’s distribution mechanics in January 2026 and the rollout of Guardians in 2026. The Guardians rollout is intended to decentralize app review and attribution, according to the same SKR post. Saga’s end-of-support notice is also arriving as Solana’s on-chain activity keeps pushing mobile distribution from a branding exercise into a strategic surface. DefiLlama data shows Solana stablecoin market cap at about $15.218 billion, up 16.79% over 30 days. DefiLlama also shows Solana DEX volume at about $94.439 billion over 30 days. Visa’s stablecoin settlement expansion includes USDC settlement over Solana for participating banks, with broader rollout expected through 2026. If Solana is competing on payments and trading throughput, a phone-level channel that bundles custody, signing, and a curated app marketplace becomes a distribution advantage. But it also concentrates reputational exposure around update policy and post-sale security maintenance. That is the core tension Solana Mobile faces as it sunsets Saga. Token incentives can accelerate adoption, but they can also shift consumer intent toward episodic airdrop behavior. A shorter support window can amplify the cost of any security incident into a brand-level event. Solana Mobile’s help center language clearly sets expectations, stating that Saga will no longer receive security patches and that new service compatibility is not guaranteed. The notice also states that Seeker will continue to receive updates and patches. The post Solana Mobile ended Saga security patches, exposing owners to a critical wallet risk you can’t ignore appeared first on CryptoSlate.

$ETH /USDT BUY LONG ENTRY 2970 SL 2926 TP 3250 3450 3670 4150 $SOL /USDT BUY LONG ENTRY 124.3 SL 121 TP 138 145 151 $BTC /USDT LONG ENTRY 88,000 SL 87,000 TP 92,000 94,000 96,000 98,000

Finally caught the $SOL drop I was waiting for! Watching closely now, might close this position soon depending on whether $BTC decides to rebound strongly. $SOL has shown some interesting support levels recently, and with market sentiment shifting, this could be a crucial moment for swing traders. Keep an eye on both $SOL and $BTC for potential moves, volatility is high, so timing could make all the difference! $RIVER