What Possibilities Do Mobile Hardware Stablecoins and Applications Bring to Solana

Coin World News Report:
Author: David C, Bankless; Translator: Deng Tong
Despite only running for a few days, Solana’s Breakpoint has struck a chord.
The flagship conference released a series of major announcements related to Solana, sparking many hot narratives about the chain and satisfying the wider claims of the Solana community that the network is still the best chain for everyday use.
Let’s delve into some of the hot claims and see what achievements Breakpoint’s builders have made in enhancing the narrative weight!
“Solana is the best platform in the mobile field.”
Breakpoint emphasizes Solana’s continued investment in mobile development, including hardware such as Seeker phones and a growing mobile app ecosystem, positioning it as the leader in cryptocurrencies’ inevitable move towards the mobile future.
Globally, currently about 60% of internet traffic comes from smartphones, providing greater convenience for internet use. Interestingly, there is a strong overlap between the regions with the highest mobile traffic and the regions with the highest cryptocurrency adoption rates.
The frontrunners here include India, ranking first in Chainalysis’ cryptocurrency adoption report, where about 70% of internet activity comes from mobile use, and Nigeria, ranking second in Chainalysis’ cryptocurrency adoption report, where about 80% of internet activity comes from mobile use.
Overall, in regions where cryptocurrency adoption is driven by mobile penetration, there is a strong regional overlap, mainly concentrated in Africa and Asia.
With recent record-high mobile wallet usage rates, these adoption and usage trends make Solana’s mobile-first strategy (including Saga, Seeker, and low-cost universal Web3 smartphone JamboPhone2) crucial for entering high-growth markets where mobile internet usage dominates and cryptocurrency adoption continues to surge, putting it ahead of other blockchains lacking the same strategic focus and progress.


While the success of these phones can largely be attributed to airdrop hunting, they still represent Solana’s investment in integrating cryptocurrencies into the mobile environment.
In addition to the new crypto phones, Breakpoint also launched new mobile applications from leading dApps:
Solana’s leading aggregator, Jupiter, released a mobile application set to launch on the Apple App Store and Google Play, featuring gasless transactions, one-click swapping, zero fees, and support for Google and Apple Pay as well as credit cards.
The popular creator platform, DRiP, released a public beta of its mobile application on iOS and Android.
The mobile horse racing game, Photo Finish, was launched on the App Store, following its previous game with over 15 million downloads.
These developments indicate that Solana remains the most prepared blockchain for mobile cryptocurrency adoption and position it as the most capable blockchain to leverage the transition towards mobile-first internet usage.
“Solana is the best destination for stablecoins.”
Building on the success of stablecoins, Breakpoint showcases Solana’s efforts to prove its network superiority over Ethereum and Tron.
One of the loudest voices on Breakpoint is PayPal’s cryptocurrency executive, who stated that Ethereum is “not the most suitable for payments” while emphasizing that Solana’s token extensions (a feature that allows additional functionalities to be added to tokens) is a key reason for their expansion onto Solana.
Solana’s stablecoin supply still only represents a small fraction of Ethereum’s, but it has more than doubled by 2024.
Despite a decrease in trading volume, Solana still maintains the top position in total stablecoin transfer volume, solidifying its position as a top-tier chain for stablecoins.


With the continued growth of stablecoin usage, Breakpoint’s builders showcase the potential for more emerging use cases.
Fuse Wallet announced the launch of virtual Visa prepaid cards, allowing users to use stablecoins while maintaining self-custody.
Sling Money, a major stablecoin payment service provider serving Europe and Africa, announced support for USDC and Paxos USDP on Solana.
Cryptocurrency payment provider Helio announced support for Solana Blinks on Shopify, allowing people to sell products directly on Twitter.
Cryptocurrency company Coins.ph, based in the Philippines, announced the launch of a Philippine peso stablecoin on Solana in the fourth quarter.
In addition, Sky (formerly MakerDAO) announced a proposal for more native integration with Solana, while Perena announced multi-token stablecoin swaps, showcasing widespread efforts to make Solana a home for stablecoin usage.
“Solana is the best place to build everyday applications.”
Many top Solana projects have launched new developer tools aimed at achieving a simpler user experience and abstracting the complexity of encryption to the background.
Reown (formerly WalletConnect) launched Solana Appkit, providing developers with a comprehensive platform to easily integrate Solana into their applications, equipping them with simplified login and fiat-to-crypto onboarding, and supporting multiple coding languages.
Phantom introduced its new embedded wallet feature, aimed at simplifying the onboarding process for new users to use dApps by eliminating the need for seed phrases and external application downloads – meaning no browser extensions need to be installed. Instead, users can create self-custodied accounts using just an email address and a four-digit PIN.


Squads Protocol, a popular multisignature protocol, announced its v5 update, offering developers more control, flexibility, and security. Key features include dynamic spending limits and expanded administrator management, making wallets more like bank accounts with daily withdrawal limits or multifactor authentication, expanding the possibilities for enterprise wallet usage or providing secure protection for users.
Overall, these announcements highlight the Solana community’s interest in achieving differentiation through everyday usability, with a focus on expanding developer toolkits for improved user experiences for dApps.
In conclusion, Breakpoint makes it clear that the chain is not just a narrative center but a leader in supporting everyday cryptocurrency usage.
As mobile development progresses to adapt to global adoption trends, stablecoin integration supports one of the most influential use cases for cryptocurrencies, and user-friendly developer tools provide application experiences superior to Web2, Solana is proving to rapidly improve its market positioning.
In a world where different blockchains support different types of use cases, Solana’s builders are increasingly defining a clear path forward for the chain.