Home » Solana’s second smartphone hits 100,000 pre-orders

Solana’s second smartphone hits 100,000 pre-orders

by CoinVeem

Solana’s second smartphone has surpassed 100,000 pre-orders, Solana introduced on Monday. 

The cellphones had a pre-order worth of US$450 amassing US$45 million for the blockchain firm. 

The Saga cellphone is a part of Solana’s broader ambition to develop its ecosystem and make decentralized finance (DeFi) and different blockchain providers extra accessible.

Solana’s first cellphone, Saga, was designed to offer a seamless interface for cryptocurrency transactions and decentralized functions (dapps), making it simpler for customers to handle their digital belongings on the go. 

Though initially criticized for its US$1,000 price ticket, Saga house owners have been compensated with complementary crypto belongings, together with ones that have been later airdropped.

Solana blockchain has the second-highest gross sales quantity for non-fungible tokens (NFT) with over US$4.9 billion, behind Ethereum’s US$42 billion, in response to CryptoSlam knowledge.

Solana’s community is commonly criticized for frequent outages. Its most up-to-date outage, which occurred final week, broke the blockchain’s streak of staying on-line for nearly a yr with out disruptions. 

SOL, the native cryptocurrency of Solana rose 15% over the previous week to commerce at US$110, in response to CoinGecko knowledge. 

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