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Home»ETHEREUM NEWS»Solana assesses demand for Saga phones after sold out amid BONK boom
ETHEREUM NEWS

Solana assesses demand for Saga phones after sold out amid BONK boom

By Crypto FlexsDecember 18, 20234 Mins Read
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Solana assesses demand for Saga phones after sold out amid BONK boom
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Solana Saga The smartphone Suddenly they’re selling like hotcakesClearly, cryptocurrency traders believe they BONK Meme Coin Airdrop It has value beyond the hardware price. However, it makes sense to ask, as full production is scheduled to cease soon. Solana Will labs produce more devices? Or will we create the next generation of mobile phones?

Solana Labs, a startup comprised of current network founders, is leaving the door open, saying it will evaluate both demand and developer interest in building apps for the Saga ecosystem before taking the next steps.

“We are very excited about the surge of momentum and interest in Saga,” one person said. decryption. “Our priority right now is to continue listening to our community to understand their current and future needs and assess what comes next.”

A spokesperson declined to elaborate further on the level of community demand Solana Labs would need to produce more devices.

“In the meantime, we look forward to additional submissions to the Solana dApp store,” the representative added. “web3 Our developers are building great apps, and our goal is to continue to create a portal that makes Saga a loyal and dedicated community.”

Solana Saga released in April, which offers high-end Android smartphones with deeper and more accessible encryption integrations than typical mass-market devices. But it debuted in the middle of a bear market at a price of $999, and didn’t appear to generate much enthusiasm outside of Solana’s core group of die-hard supporters.

Solana Labs Price lowered to $599 However, the future of Saga and Solana’s new mobile ecosystem was unclear. Data suggests that only a few thousand devices may have been sold in the first few months.

Wow, what a great day 🔥🔥🔥

Saga phones are officially sold out in the US! We sincerely thank everyone who participated in this trip ♥️

We still have a few left for our friends in Europe.

Please look forward to what comes next 🫡

— Solana Mobile 🌱 (@solanamobile) December 15, 2023

But this week Solana Labs reported a surge in sales. All devices produced for the US market are sold out. from early friday, European devices are obviously selling quickly. A Solana Labs representative confirmed: decryption The fact that 20,000 Saga phones were produced confirms co-founder Raj Gokal’s statistics. Shared on Twitter on Thursday.

Anyone who purchases Solana Saga will receive an airdrop of 30 million BONK meme tokens. That’s a 755% increase over last month, as its value has soared in recent weeks. That stash is now worth $830, which is more than the current price of the phone itself. Cryptocurrency users are jumping into Saga, although there is no guarantee whether it will maintain that level.

“If you didn’t get the (Solana) Saga in the US before it sold out… Stay tuned. There will be more to come,” Gokal early friday tweet.

But for now, Solana Labs is staying quiet about what these issues ultimately mean and is leveraging the new momentum around Saga and the broader Solana ecosystem to encourage developers to embrace the mobile opportunity and break the grip. This is what Apple, Google and other giants have in the mobile space.

EU Saga (the last one) will sell out in the next few hours. It is likely not EOD as previously expected. We look forward to seeing what apps will be released to this user base in the coming months!

— Raj 🖤 (@rajgokal) December 15, 2023

“Once developers start rolling out cryptocurrency incentivized apps to all Saga users, the flywheel should kick in.” Solana co-founder Anatoly Yakovenko Tweeted on Friday. “Users interested in cryptocurrency incentives will adopt them on their phones, providing developers with a concentrated distribution channel full of users seeking incentives, without app fees.”

“I think we have just overcome the first hurdle,” he concluded. “But there is still an enormous amount of work to be done.”

Edited by Ryan Ozawa.

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