LIVESolana Mobile is gearing up to release its second cryptocurrency-ready smartphone, following the unexpected success of its initial model, Saga, according to an insider.
The upcoming device will retain the core features of Saga, including an onboard crypto wallet, customized Android software, and a "dApp store" for crypto applications. However, the new phone is poised to hit the market at a more affordable price point and will showcase different hardware. Saga's debut last year carried a $1000 price tag initially, but faced challenges prompting later price reductions.
The introduction of the new Solana Mobile phone aims to address the escalating demand in the robust secondary market for the scarce existing Saga smartphones. As of the latest update, a factory-sealed Saga device is fetching bids as high as $3,200 on eBay, indicating a fivefold increase in just five weeks.
The original Saga encountered a transformative surge in demand when traders realized it came with a BONK token allocation that exceeded the device's price. Despite its initial struggles in finding a substantial market among crypto traders and NFT collectors, the Saga rapidly sold out within a week. The forthcoming Solana Mobile smartphone seeks to build on this success, offering similar crypto-friendly features at a more accessible cost, potentially tapping into a broader market segment.
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