Solana Labs Unveils Affordable Saga “Chapter 2” Smartphone
Solana Labs has introduced the Saga “Chapter 2” smartphone as a follow-up to the original Solana Saga phone. The new version, set to launch in 2025, will be available for preorder at a more affordable price of $450, compared to the original’s $999 launch price. The initial production run of 20,000 Solana Saga phones sold out in December, driven by the interest in tokens awarded to owners.
Designed for the Solana Ecosystem
Like its predecessor, the Chapter 2 phone is designed specifically for the Solana blockchain and ecosystem. It features a built-in crypto wallet optimized for Solana, allowing users to store, send, receive, and interact with SOL tokens and SPL tokens. Additionally, the phone provides access to decentralized apps (dapps) built on Solana.
The Rise of BONK Token
The demand for the original Saga phone surged due to the increasing value of the BONK token airdrop for owners. Owners of Saga phones received 30 million BONK tokens, which were worth over $1,000 at their peak price. This prompted a wave of interest from individuals looking to join the exclusive club of Saga owners.
Capturing Imagination and Limited Supply
With the initial production run fully depleted and the Chapter 2 phone not expected until 2025, the Saga has captured the imagination of those who missed out on the first wave. While details about the Chapter 2 phone are limited, including hardware specifications and design, it is expected to continue focusing on Solana integration for crypto asset management and utilization of dapps.
Hot Take: A Viable Path Forward
The sellout of the original Saga phone suggests a viable path forward for Solana Labs. By providing valuable token drops and perks to loyal users and leveraging scarcity and speculation, Solana can continue to generate grassroots interest and support from its most dedicated backers.