Solana

Solana Labs Kicks Off Pre-Orders for New Smartphone Weeks After First Edition of the web3 Device Sold Out

Solana (SOL) Labs is kicking off pre-orders for the brand new model of its crypto-focused smartphone weeks after the primary version bought out in a frenzy.

Solana Cellular is offering customers a “Founder Window” to deposit $450 for the upcoming “Chapter 2” telephone, which the mission says is predicted to ship within the first half of 2025.

Solana Cellular says “the aim” is for the $450 deposit to cowl the complete value of the telephone, excluding taxes, transport and charges.

The corporate’s aim goal is to hit 100,000 pre-orders. Solana Cellular says they might not proceed with the discharge of the telephone if that focus on isn’t met, and the corporate will refund deposits if that occurs.

The Ethereum (ETH) challenger began transport the primary model of its smartphone, Saga, in April.

In December, Solana Cellular announced that its web3-enabled telephones had bought out. One potential contributing issue to the gross sales: shopping for a Saga got here with a reward of free Bonk (BONK), a Solana-based Dogecoin (DOGE) competitor, based on the mission’s website.

Decentralized finance (DeFi) crypto pockets Phantom indicated the dimensions of the reward was 30 million BONK, a trove that was price as much as $630 in December because the memecoin surged in value. The Saga’s value was reduced to $599 in August.

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