Solana’s most awaited ‘Saga’ mobile is launched but will be live for sale in the first week of May. In mid-2022, the Chief Executive Officer of Solana said that he wanted to develop a Web3- focused smartphone that could help users to access the sector efficiently.
According to the Solana community, Saga was developed and launched to ease the process of accessing crypto products and services without fail. The company aims to replace computer-based crypto accessibility and trading by launching a completed solution smartphone.
The selling price of the ‘Saga’ smartphone is around $1000.
In this amount, the company offers:
- A Smartphone
- USB type C cable, and
- Paper,
… which can be used to write essential passwords and credentials to access the crypto wallet.
Solana Saga is based on Android 13, offering more advanced features than the standard smartphone. The smartphone has a 6.67-inch OLED display with 512 gigabytes of internal storage.
Some more specifications of Solana Saga include a long-lasting battery of 4011 mAh, which can be used for 22-24 hours on a single charge. The unique feature of this smartphone is its:
- In-built mobile wallet adapter
- The adapter is invisible
- And offers the facility to connect dApps to the wallet automatically.
The Saga phone has its own ‘Solana dApp Store’, allowing mobile users to download web3 applications. Some significant applications that can be downloaded from the app store of Solana are Ledger, Squads, Phantom, Solfare, Jupiter, Mango, Dialect, and dozens of others.
After the ‘Solana Saga’ official sale begins, many more applications will be added to the smartphone app store. As per the team’s statement, more than ten applications are under review and will be launched after approval.
Solana Saga will offer USDC and SOL worth $20 as the welcome pack of the dApps store. The phone can be booked by depositing $100 as token money, and the expected delivery could happen by the end of Q2 2023.
Solana Token Market Overview
According to CoinMarketCap SOL, the native cryptocurrency of Solana blockchain is ranked as the 10th most traded cryptocurrency in the market. At press time, SOL was trading at $24.95 with a 24-hour trading volume of $970,840,812.
In the last 24 hours, the trading volume of SOL slipped over 10%, and the price rose over 3% in the same time frame. SOL’s total market dominance is around 0.76% which is quite good compared to some specified currencies. Dozens of centralized and decentralized cryptocurrency exchanges offer to buy and sell SOL tokens.
In upcoming months the adoption of Saga smartphones can boost because the aim of Solana to make a convenient option for users can force them to switch from computers to Web-focused smartphones.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/04/14/solanas-most-awaited-saga-smartphone-launched-sale-soon/