Introducing the Second Iteration of Solana Mobile
The Solana mobile, launched in the second half of 2023, has become an iconic product in the crypto industry and a hit among SOL investors. Now, the company behind the product has announced a second iteration of mobile devices that is expected to surpass sales records.
Rapid Sales Surge for “Chapter 2” Phone
The pre-sale for the “Chapter 2” phone broke sales records within the first few hours, surpassing its predecessor, the Saga handset. According to TechCrunch, this affordable Web3 phone experienced overwhelming demand, achieving its seven-day sales target within just 24 hours after its announcement. Co-founder of Solana, Raj Gokal, revealed that over 25,000 preorders were received on the first day, increasing to 30,000 within 30 hours. These numbers far exceed the 12-month sales volume of Solana’s first smartphone.
Solana Mobile Fever: From Slow Start to Sudden Spike
Solana’s journey in the smartphone market has been filled with dramatic turns. The Saga initially had sluggish demand with a price tag of $1,000. However, when the memecoin BONK announced the distribution of 30 million free BONK tokens to Saga owners, its popularity soared. The Saga became a sell-out success overnight. The BONK token surged by over 400% in a month and phone owners discovered their eligibility to claim a significant BONK token reward.
As a result, the Saga sold out in the U.S. market and its retail price in secondary markets skyrocketed to around $5,000. The success of the Saga and BONK also led to a rise in Solana (SOL) cryptocurrency. This trend highlights the growing enthusiasm for Solana-based products, particularly in memecoins.
Hot Take: Solana Mobile “Chapter 2” Poised for Success
The overwhelming demand and rapid sales surge for the Solana mobile “Chapter 2” indicate its potential for success. With the growing interest in economically priced crypto-integrated smartphones, the second iteration is expected to break sales records and have bullish implications for the entire ecosystem. Solana’s popularity in memecoins continues to rise, defying expectations of a fading hype. The launch of “Chapter 2” reaffirms Solana’s position as a leader in the crypto industry and offers exciting opportunities for investors and early adopters.
Cover image from Unsplash, chart from Tradingview
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