Monday, December 23

Solana Saga Follow-up Coming?

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By Mark Hunter

1 month agoTue Jan 16 2024 10:13:49

Checking out Time: 2 minutes

  • Solana might be preparing a follow-up to its Saga phone
  • The brand-new design will be more economical as the business seeks to benefit from the initial Saga phone’s unforeseen appeal
  • The BONK airdrop handed out with the phone ended up being better than the gadget in 2015

Solana Mobile prepares to release a 2nd smart device following the unforeseen success of its preliminary crypto-ready gadget, Saga, according to CoindeskThe outlet points out a source as stating that the brand-new phone will keep crucial functions– an onboard crypto wallet, custom-made Android software application, and a dApp shop– however at a more budget-friendly rate point and with various hardware than its predecessor, which at first cost $1,000. The initial phone’s prices was later on decreased due to slow sales before the BONK airdrop saw the phone’s fundamental worth shoot through the roofing, as did sales.

BONK Launches Saga into the Stratosphere

Solana’s very first Saga phone was not gotten with interest from the crypto neighborhood, to the point where the business was considering its future following 2 cost decreases in the 18 months considering that its launch. It experienced a rise in sales at the end of last year due to the unforeseen 1,000% increase in the worth of the BONK memecoin, which were offered away as an airdrop with the phone.

In December the worth of the airdrop overtook the phone’s market price, with the unanticipated appeal resulting in a scarcity of Saga phones worldwide. A substantial secondary market has actually emerged, with factory-sealed Saga gadgets drawing quotes at $3,200 on eBay, suggesting a fivefold boost from their worth 5 weeks back.

Individuals Just Want Airdrops

The intro of the brand-new Solana Mobile phone goals to resolve this growing secondary market and take advantage of this newly found need, using comparable functions at a more available rate variety. It appears that what the punters truly desire is possibly successful airdrops, with the phone itself not amassing especially favorable evaluations.

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