Solana Mobile is ready to launch a second smartphone, constructing on the surprising success of its preliminary crypto-ready system, in accordance to a supply accustomed to the matter. The upcoming telephone will retain the core options of its predecessor, named Saga, together with an built-in crypto pockets, custom-made Android software program, and a “dApp store” for crypto purposes.
What’s New With Solana Mobile 2.0?
However, the brand new telephone goals to be extra inexpensive and can incorporate completely different {hardware} specs. While the unique telephone debuted at $1000 final yr, it skilled value reductions due to sluggish gross sales.
The introduction of the brand new Solana Mobile telephone is probably going to tackle the surging demand within the secondary marketplace for the scarce current Saga smartphones. Currently, a factory-sealed Saga system is attracting bids of $3,200 on eBay, marking a fivefold enhance in its worth over the previous 5 weeks.
Initially positioned as an experimental telephone catering to crypto merchants and NFT collectors in a mobile-first platform, Saga confronted challenges in finding a sufficiently large market. However, the dynamics modified dramatically when customers realized the telephone included an allocation of BONK tokens, surpassing the system’s value. Within every week, the Saga fully offered out.
Over the following month, Saga telephones continued to show profitable for his or her homeowners, receiving airdrops of priceless tokens and NFTs from numerous tasks. These airdrops not solely strengthened the Saga neighborhood but additionally impressed extra Solana builders to discover the creation of cell purposes. Upon reaching out by CoinDesk, a consultant of Solana Mobile refused to remark.
SOL Price Rally to Kickstart Again?
For virtually a month’s time, the Solana (SOL) value has been transferring sideways and staying beneath $100, after hitting a peak of $122 in December 2023. As of press time, Solana (SOL) is buying and selling at $95.77 with a market cap of $41.4 billion.
Despite the prevailing promoting strain, Solana patrons in motion are promptly absorbing the out there provide under $90, ensuing within the formation of lower cost rejection candles. This state of affairs heightens the potential for a bullish reversal, both within the form of a double-bottom sample or a bullish reversal inside the flag sample.
In the occasion that the SOL value surpasses the $100 threshold, the bullish pattern might encounter vital resistance ranges at $120 and $150.
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