Solana Labs, a technology company that builds reference products, tools and implementations to expand the Solana ecosystem, presented "Chapter 2", the new version of the Saga smartphone, with very similar features to its predecessor, but on sale at a more accessible price (and fairer in my opinion): $450.
The new product is designed to respond to the sudden increase in demand for the device, which skyrocketed after recent arbitrage opportunities* (which I'll discuss shortly) exhausted its availability on the market.
*Basically, Saga sales weren't that great, until a special airdrop of the BONK token was planned in June 2023 to anyone who purchased the device.
Chaper 2, therefore, will maintain the same features as its predecessor, i.e. an integrated wallet, customized Android software and a dedicated dApp store.
The launch will be determined only by the number of pre-orders, which will establish the feasibility of the new launch. If the minimum objectives are not achieved at this stage, Solana Mobile may decide not to proceed with the release of the product, obviously refunding the first customers.
On the web the prices of the device are already crazy, given the limited availability of the product. For example, on eBay you can find prices between $3,000 and $5,000, more than 5 times higher than the value in recent weeks.
If it were launched on the market, it can be assumed that the price of the SOL token could rise, as the number of users using the Solana network would increase, effectively increasing brand awareness and consequently liquidity.
These are all suppositions and not certainties, of course.
If you liked the article, subscribe and leave a like to not miss the next updates
Here below some links if you'd like to support me:
Freecash (earn 20/100$ each month without cash investment)
Cointiply (earn 20/100$ each month without cash investment)
