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Solana Seeker Phone Launches Amid Broader Blockchain Developments

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Solana Mobile’s Seeker Phone Hits the Market

Solana Mobile has officially begun shipping its new Seeker smartphone, a crypto-native device designed for “power users” who regularly transact and interact with Solana’s decentralised applications (dApps). This device is positioned as a significant evolution of the previous Saga phone, offering improvements in design, usability, and battery life. With a price point of $500 and a robust response of 150,000 pre-orders from over 50 countries, the Seeker is clearly aimed at a specific audience that demands fast, mobile-first on-chain transactions.

Emmett Hollyer, the general manager at Solana Mobile, emphasised that the phone is not for casual crypto users but for those who are deeply engaged with the Solana network. The Seeker features one-click transaction approval with fingerprint verification, a vast improvement over the multi-step process of its predecessor. It also includes a Seed Vault, which acts as a hardware wallet, and the native ability to stake SOL directly from the device via SOL Strategies’ compliant validator network.

Base Outage Exposes Centralised Sequencer Risks

While Solana Mobile celebrates its launch, the broader crypto ecosystem is navigating its own challenges. Base, the Ethereum layer-2 network operated by Coinbase, recently experienced a 33-minute block production halt. This incident was caused by a sequencer failover that did not recover as expected. The Conductor module, which is designed to manage leadership transitions in the network, failed to properly provision a new sequencer.

This manual intervention was eventually required to resolve the issue, but the incident exposed potential operational vulnerabilities in layer-2 systems that rely on a single, centralised sequencer. The temporary stall in block production serves as a stark reminder of the risks associated with centralisation, even within a decentralised ecosystem. It highlights the importance of robust and decentralised failover mechanisms to ensure network reliability and security.

Jito’s Governance Shift and DAO Empowerment

In a separate but equally significant development, Jito Labs introduced a new governance proposal (JIP-24) aimed at decentralising the Jito network. The proposal seeks to redirect all block engine and Block Assembly Marketplace (BAM) fees to the Jito DAO treasury. Under the current structure, Jito Labs receives 3% of the Block Engine’s rewards, with the remaining 3% going to the DAO.

The new proposal would give the full 6% of fees to the DAO, thereby strengthening tokenholder influence and reducing the lab’s direct economic control. Jito Labs emphasised that this proposal aligns with its commitment to optimise value accrual for tokenholders and reinforce DAO governance. This move is a clear example of the ongoing maturation of decentralised networks, where governance power is progressively being shifted from a central entity to the token-holding community.

Read More: Solana ETFs Nearing Approval: Is It Time to Invest Before It’s Too Late?

Cardano Secures $71M for Core Upgrades

Cardano’s core development team, Input Output Global (IOG), secured a significant $71 million budget through a community governance vote. The funding, which represents 13% of the Cardano protocol’s treasury, will be allocated to crucial network upgrades over the next 12 months. Key projects for the Hydra, a layer-2 scaling solution, and Project Acropolis, which aims to improve node architecture and developer accessibility, are set to benefit.

The budget’s allocation is subject to milestone-based payments and will be overseen by an independent governance body and smart contracts to ensure accountability. This successful community vote underscores the power of on-chain governance and provides a clear pathway for funding critical developments, showcasing a model where the community’s collective will directly influences the network’s evolution and strategic direction.

Blockchain Innovation Solana Base Jito and Cardano

The simultaneous developments surrounding Solana, Base, Jito, and Cardano highlight a broader trend of innovation and governance evolution within the blockchain ecosystem. Solana’s push into mobile-first crypto solutions, Base’s operational challenges, Jito’s governance overhaul, and Cardano’s funding boost all underscore the ongoing maturation of blockchain infrastructure and community-driven governance models.

As these projects advance, they are likely to influence user adoption and developer activity, with potential ripple effects across the broader crypto market. The continued focus on solving scalability issues, improving user experience, and strengthening decentralised governance demonstrates a collective effort to build a more robust and sustainable digital future. The outcomes of these various initiatives will undoubtedly shape the next phase of blockchain development and adoption.

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Krypton Today Staff

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