Solana’s Saga Smartphone Underperforms in the Market
Solana’s smartphone, Saga, has raised concerns as it underperforms in the market with only about 2,500 units sold. This has led to internal and wider concerns over the model’s future.
Anatoly Yakovenko Reflects on Saga’s Journey and Solana Blockchain
In a recent podcast interview, Anatoly Yakovenko, the founder of Solana, discussed various topics including the journey of Saga smartphone, developments in the Solana blockchain, roadmap, and price growth.
The Need for a Larger User Base for Developers
Yakovenko mentioned that the company would need to drive sales of Saga to 20,000 to 50,000 users in order to create a hardcore user base that would compel developers to ship applications for the smartphone.
Possible Pivot to a Cheaper Secondary Device
Due to market dynamics and limited adoption, Yakovenko acknowledged that Saga’s future may take another course. The company is considering pivoting to a cheaper secondary device for iPhone users as a smart wallet.
Growth in Progressive Web Apps and Pass-keys
Yakovenko explained how Progressive Web Apps and Pass-keys have reduced the differences between regular and specialized iPhones, which may impact the demand for a dedicated device like Saga.
Solana’s Growth in the Market
Aside from Saga’s performance, Yakovenko discussed the progress of the Solana blockchain. Despite facing challenges in the past year, Solana has experienced growth in decentralized finance (DeFi) numbers and has become popular among institutional investors.
Hot Take: Solana’s Smartphone Saga Needs 25,000 User Base to Attract Developers
Solana’s Saga smartphone has struggled in the market with low sales and limited adoption. In order to attract developers, the company needs to increase its user base to 25,000 units or more. There are ongoing discussions about the future of Saga, including the possibility of introducing a cheaper secondary device for iPhone users. Yakovenko also mentioned the impact of Progressive Web Apps and Pass-keys on the demand for dedicated devices like Saga. Despite these challenges, Solana has seen growth in its blockchain and has become a favorite among institutional investors.
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