Solana (SOL), as a protocol and start-up behind the Saga Mobile phone, is seeing impressive growth in the embrace and adoption of the device. This is showcased by the announcement that it has opened access for the general public to start ordering the phone. As revealed, the mobile phone is ready to ship to multiple locations, including the U.S., EU and Australia.
Read full announcementhttps://t.co/ko9miEHQLk
— Solana Mobile 🌱 (@solanamobile) May 8, 2023
Solana broke a record when it became the first blockchain protocol to design and launch a mobile phone in its bid to bring Web3.0 closer to the average smartphone user. At launch, Saga was only accessible to users who had preordered the device, and the opening of the public order presents wider adoption for users across the board.
The Solana Mobile phone embodies many innovations in one. While it is built to compete with other smartphones on the market today, it is infused with a series of Web3.0 applications that can make accessing blockchain a matter of clicks.
The phone in itself is secured by the Solana protocol and guarantees direct access to the benefits of Decentralized Finance (DeFi) while also affording room to non-fungible tokens (NFTs) hosted on Solana.
SOL to get Saga boost
That the public will now be able to order and secure Solana Mobile as their device is an indirect way to get SOL as a digital currency in the hands of more people. The series of innovations embodied through applications resident on Solana and accessible via Saga can help in driving positive demand momentum for SOL tokens.
This will have an underlying impact on the price of the digital currency, which is currently down by 3.63% to $20.50, according to data from CoinMarketCap. The impact of the Saga Mobile phone on Solana may be more long term, but it offers hope that the blockchain has a defined utility.
Denys Serhiichuk
Valeria Blokhina
Tomiwabold Olajide