Plans for smartphone to follow “Saga”
Solana Mobile, a subsidiary established by Solana Lab, is planning to release its second generation smartphone. CoinDesk reported on the 16th, citing sources familiar with the matter.
The company’s first smartphone, the Saga, was sold out in December last year. The official price was approximately 1,000 dollars (approximately 150,000 yen), but after it sold out, it became a hot topic when it was sold for approximately 710,000 yen on the auction site eBay, due to the sudden increase in Solana’s meme coin “BONK”. .
connection:
Why Solana’s smartphone “Saga” is soaring in price on auction sites
Saga is a Web3-optimized smartphone equipped with 512GB of storage, a private key protection program, and cameras and sensors for NFT e-marketplace and immersive gaming experiences.
According to sources, the second-generation smartphone will have similar features such as a crypto wallet, a dApp (decentralized app) store, and Saga, but will be cheaper and have less hardware. It is said to be different.
As for “Saga”, the fact that 30 million “BONK” tokens were airdropped per machine attracted attention because it was possible to receive tokens that exceeded the value of the main unit price (reduced to $600 since last summer), and there was a rush of buyers. It’s cool.
Since then, the BONK token has fallen more than 30%, reducing the advantage, but since then, multiple projects such as the Solana-based Access protocol and SagaMonke’s NFT have also announced airdrops for Saga users. ‘ has received increased attention.
connection:
New virtual currency airdrop on Solana “Saga” smartphone, Access protocol
What is airdrop?
Free distribution of virtual currency (tokens). It has the nature of an awareness campaign.
▶️Virtual currency glossary
Solana’s breakthrough
Solana grew significantly in 2023, recording a price increase of 940%. Last month, the number of new and active addresses hit record highs. Developers are also flowing into the Solana ecosystem.
connection:
Number of Cryptocurrency Solana Developers, Ecosystem Growth and Activity Report in 2023
connection:
New York financial authorities approve Paxos to issue Solana stable coin
The research department of crypto exchange Binance also pointed out that Solana is home to the DePin project. Solana hosts Helium, Render, Hivemapper, and more.
In addition, US payment giant Visa announced in September last year that it would be possible to settle transactions with USD Coin (USDC), a stablecoin based on Solana (SOL).
Last August, US e-commerce giant Shopify introduced Solana Pay, a payment service jointly developed by Solana Lab and Circle Inc.
connection:
Growth areas of the virtual currency market that Binance will focus on in 2024: Bitcoin ecosystem, DePIN, etc.
