Vipul Mishra
In a bold move to expand its presence in the crypto-ready smartphone market, Solana Mobile is set to unveil its second smartphone model, according to insider sources. This new device comes as a follow-up to the company’s initial offering, the Saga smartphone, and aims to deliver enhanced features at a more accessible price point.
Solana Mobile’s upcoming release is poised to inherit core functionalities from its predecessor, the Saga, including an integrated cryptocurrency wallet, specialized Android software, and a dedicated decentralized application (dApp) store. However, the new model distinguishes itself with updated hardware and a more budget-friendly price. The original Saga smartphone was initially priced at $1,000 but experienced price reductions following fluctuating sales.
The introduction of this new smartphone is expected to cool down the heated secondary market for the Saga, where demand has outstripped supply. Presently, unopened Saga phones are fetching bids as high as $3,200 on platforms like eBay – a significant leap from their price just five weeks prior.
Originally perceived as an experimental venture, the Saga smartphone aimed to create a mobile-first platform catering to crypto traders and NFT enthusiasts. Despite initial struggles to capture a substantial market share, the device gained unexpected popularity when buyers discovered that it included an allocation of BONK tokens, offsetting the cost of the phone. This led to a rapid sell-out of the Saga.
In the months following, Saga phone owners benefitted from various airdrops of tokens and NFTs, further solidifying the community around the device. This success has motivated more Solana developers to explore opportunities in mobile application development.
As anticipation builds for Solana Mobile’s second smartphone, the crypto community is eager to see how this new device will influence the evolving landscape of mobile cryptocurrency platforms. Solana Mobile representatives have not yet responded to requests for comments on this upcoming release.