The Solana Cellular Saga telephone, launched earlier this 12 months, has lately skilled an sudden surge in gross sales owing to a singular arbitrage alternative within the crypto world. Patrons of the Saga telephone had been entitled to a 30 million BONK token airdrop with every machine. With the current spike in BONK’s value, these tokens are actually valued at a powerful $877, surpassing the telephone’s value of $599.
Surge in Sales Resulting from BONK Airdrop
This surge in worth has created a rush amongst crypto lovers, resulting in a 10-fold improve in Solana telephone gross sales over the previous two days. The sudden rise within the worth of the BONK tokens, now exceeding the price of the cell phone itself, has drawn vital curiosity from the crypto group.
In a put up, Raj Gokal, Solana’s core developer and co-founder, shared that Saga’s gross sales have skyrocketed, predicting the telephone will promote out earlier than the brand new 12 months. This sudden rush is basically attributed to what the crypto group phrases “degens” – those that are eager to take dangers and capitalize on fast positive factors.
The Solana Cellular Phone
The crypto world adjustments quick, because the state of affairs for the Solana-supported Saga telephone dramatically modified inside only a week. After debuting lower than a 12 months and a half in the past, the mission was present process inside assessment on account of disappointing gross sales.
The Solana Cellular Phone, Saga, contains a 6.67-inch OLED show and is provided with 512GB of storage and 12GB of RAM. These specs point out its capability for storage and reminiscence throughout the smartphone market.
The Saga operates on Android 13 and is built-in with the Solana blockchain, facilitating entry to decentralized purposes and companies. The telephone features a function known as Seed Vault, designed to safe customers’ personal keys. Moreover, the telephone is developed with a concentrate on consumer interface design, aiming to cater to a variety of customers, together with these new to Web3 applied sciences.
Earlier makes an attempt by main manufacturers like Samsung, HTC, and smaller firms to launch crypto telephones have typically but to achieve success. The present pattern in direction of software-driven Web3 telephones additional casts doubt on the need of Solana’s hardware-centric technique for the Saga.