Solana Mobile Plans to Launch Second Blockchain Smartphone

Date: 2024-01-16 Author: Dima Zakharov Categories: IN WORLD
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Solana Mobile's Next Big Move

Solana Mobile, the company that took the crypto world by storm with its first blockchain smartphone, is set to shake things up once again. According to reports from CoinDesk, the company is in the early stages of developing its second-generation blockchain smartphone.

Improved Features and Lower Cost

While specific technical details about the new device are still under wraps, one thing is clear: it will be more affordable than its predecessor. The first Solana smartphone, known as Saga, garnered significant attention and became a hot commodity, with prices soaring to over $3,200 on eBay, more than five times its initial price in December.

Built-in Crypto Wallet and Dapp Store

Similar to Saga, the upcoming smartphone will come equipped with a built-in cryptocurrency wallet and customized Android software. It will also support decentralized applications (dapps), catering to the growing demand for blockchain-related services.

Eagerly Anticipated

Analysts are already predicting a frenzy of interest in the second Solana smartphone. The hype surrounding the initial model, driven in part by the distribution of Bonk (BONK) tokens, resulted in a shortage of the device. Users who managed to snag one early enjoyed substantial gains, receiving approximately $900 in meme cryptocurrency for a phone initially priced at $599.

The Impact of Meme Tokens

Following the December 2023 meme token craze, most Solana meme tokens, including BONK and others, saw their values decrease by nearly half in just a month. However, the excitement surrounding Solana Mobile's new release suggests that blockchain smartphones continue to capture the imagination of crypto enthusiasts.
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