Solana

Second Version of Solana’s Saga Phone Hits 30,000 Preorders in 30 Hours

 Key takeaways:

  • The brand new Saga cellphone has acquired an awesome 30,000 preorders in simply the primary 30 hours since reservations opened, dramatically outpacing gross sales of the unique Saga.
  • Solana co-founder Raj Gokal has additionally confirmed they’ve already reached 30% of their objective of 100,000 preorders in lower than 2 days, displaying the large demand.
  • The brand new Saga cellphone is priced a lot decrease at $450, in comparison with $999 for the unique.
  • The value of Solana’s SOL token has surged over 21% within the final month, reaching $94.25 as of January 19, 2024.

The hype in regards to the new Solana cellphone is actual

Solana Cell, the corporate behind the crypto-focused Saga smartphone, has introduced that the second model – dubbed “Chapter 2” – acquired 30,000 preorders simply 30 hours after reservations had been opened to the general public.

Raj Gokal, the co-founder of Solana, has additionally confirmed this. “We outsold 1 12 months of saga gross sales in 24 hours. 30% towards the 100k objective in 30 hours,”  he posted on X. On the time of the publish, the corporate had bought 30% of the 100,000 Solana Saga 2 gross sales objective.

Based on our earlier report, the unique Saga cellphone launched in mid-2023 and built-in crypto and web3 capabilities like a devoted crypto pockets, help for dApps and NFT marketplaces, and distinctive digital collectibles for homeowners. Nevertheless, the $999 price ticket restricted adoption principally to crypto energy customers.

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Demand surged final December when the worth of Bonk, a Solana meme coin, skyrocketed. Saga homeowners had been eligible for a Bonk airdrop, so demand for the area of interest cellphone exploded nearly immediately. The preliminary manufacturing run of 20,000 items bought out inside every week. 

Using this wave of demand, Solana Cell has unveiled the second technology of the Saga cellphone. Whereas full specs have not been revealed but, the corporate guarantees improved efficiency, design, and options in comparison with the primary model. Extra importantly, the brand new Saga will retail for round $450 – lower than half the worth of its predecessor.

Among the key upgrades embrace a bigger 6.8″ OLED show, upgraded Snapdragon 8+ Gen 2 processor, as much as 16GB of RAM, 5G connectivity, and double the storage at 1TB. The cellphone can be anticipated to have higher water resistance and quicker charging capabilities. Crypto-related options just like the safe crypto pockets and dApp help stay central to the expertise. 

The lower cost level and upgraded specs are meant to convey Solana’s capabilities to a broader viewers. Preorders for the brand new Saga cellphone opened on January 18, 2024, with a $200 totally refundable deposit. Solana Cell expects to start transport the machine in Q2 2024.

As well as, like the unique Saga, the brand new cellphone will include a singular NFT referred to as the Saga Genesis token, offering entry to unique content material, gives, and experiences.

Solana (SOL) Worth Motion

In the meantime, the worth of Solana (SOL) has additionally been on the rise, because it elevated by 21.57% within the final month and reached $94.25 as of right now, January 19, 2024. 

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Solana is at present the fifth-largest cryptocurrency by market capitalization, with a dominance of two.48% and a market cap of round $40.7b billion. The token’s worth prediction forecasts an additional 0.65% to $94.22 improve within the subsequent month, which might signify a bullish affirmation of the latest worth motion.



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