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Against the backdrop of the success of sales of Solana Saga smartphones, which became popular thanks to free tokens on built-in crypto wallets, the developers decided to release a new device.
The new phone will have to have the same basic features as its predecessor. A built-in crypto wallet, special software on the Android system and a “dApp store” for crypto applications are expected. However, the smartphone should become more budget-friendly.
The first phone, the Solana Saga, initially cost around $600 before prices dropped amid poor sales. However, after the announcement of the distribution of BONK meme tokens, which greatly increased in price at the end of the year, attention to smartphones increased significantly. The price of the phone soared first to $2,000, then to $3,000. In December it fluctuated around $5,000.
The new Solana smartphone could help calm the secondary market, which has been heated by the severely limited supply of Saga smartphones. The Saga device can currently be found on eBay for $3,200.
The Solana ecosystem has only recently experienced a boom. At the end of December, the SOL cryptocurrency took fourth place in terms of market capitalization. Now the coin has fallen back to fifth place, behind BNB.
Shortly after the resounding success, in the first days of the new year, meme tokens on the Solana blockchain fell sharply in price. On average, their cost has decreased by 80%.
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