Solana Mobile’s plans to launch a second Saga smartphone, with a cheaper price, were recently revealed. According to information from Coindesk, the plan is to launch the new Saga smartphone at the same time as it will still seek to build on the success of its first launch. The information was revealed by a person familiar with the matter.
The Saga smartphone was developed to compete with the main products from giants in the sector, such as Apple’s iPhone, Google’s Pixel, Samsung’s Galaxy, among others. Solana Mobile described the Saga as the first crypto smartphone based on the Android operating system.
According to the source, the new smartphone will have the same basic features as the first phone: an integrated crypto wallet, custom Android software, as well as a “dApp store” for crypto apps. However, the intention is for the new smartphone to have a cheaper price and different hardware, according to the source.
Initially, the Saga smartphone was priced at US$1,000 upon its launch in 2023. However, faced with difficulties in marketing and sales, the price dropped.
It is worth remembering that Solana (SOL) announced, on May 8 last year, that Solana Mobile’s Android phone, called Saga, was now available for orders from the general public. According to the announcement, the cell phone was ready to be shipped to the US, Canada, EU, UK, Switzerland, Australia and New Zealand.
After four months of launch, the Saga smartphone suffered a 40% reduction in its price. According to Solana Mobile, a subsidiary of Solana Labs, at the time, the price went from US$1,000 to US$599. In its statement, Solana Mobile justified the action as a strategy to promote broader adoption of the web mobile3.
At the time of publication, the price of Solana was quoted at US$96.47, up 1.3% in the last 24 hours.
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