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Solana Backed Application STEPN Mints Profits Above $122M In 2022 Q2

Solana Launches Saga Smartphone To Compete With Apple And Google, How Much Does It Costs?

Reynaldo Marquez
by Reynaldo Marquez
2 years ago
·
Posted in Solana
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The company behind the development of the blockchain, Solana Labs announced the launch of its long-awaited mobile phone, Saga. The announcement took place in a live event conducted by its Mobile division.

Related Reading: Tech Exec Arrested In Connection With Cash App Creator’s Bob Lee Death

The mobile era of Web3 begins now.

Saga, the flagship, security-conscious, crypto-first Android device from Solana Mobile is now available!

A gateway to new experiences not just on mobile, but for mobile 🧵 pic.twitter.com/RT08R9292M

— Solana Mobile 🌱1️⃣3️⃣ (@solanamobile) April 13, 2023 

How Solana Will Take Web3 To A New Era With Saga Smartphone

According to the announcement, the Saga smartphone was created to compete with its competitors’ flagship products. These include Apple’s iPhone, Google’s Pixel, Samsung’s Galaxy, and other products in this highly competitive sector.

The smartphone was announced in 2022 and will be available for pre-order next May for a $1,000 price tag. Solana Mobile stated the following about Saga, dubbed the first crypto smartphone built on the Android operating system (OS):

When we started this journey over a year ago, we wanted to modernize how people interact with their digital assets for the sake of usability and increased security (…). we decided that we needed to start with an incredible phone, every bit as good as anything else on the market. The result is a sleek and beautifully designed flagship Android phone with premium components (…).

OSOM, a privacy-focused tech company, built Saga. The Solana smartphone features a Snapdragon 8+ Gen mobile platform, which aims at providing the user with speed to conduct several tasks in combination with an “integrated secure element,” a feature called OSOM’s Seed Vault.

In addition, Saga will ship with a high-performance chip and 512GB storage packed under a 6.67” OLED screen and a 120HZ refresh rate. The battery can hold a 4,110 mAh charge which should keep the phone running for hours. OSOM stated the following about the smartphone:

(…) you get trusted vanilla Android 13 paired with unique features like our patented Seed Vault, which brings crypto self-custody to your pocket in a way no one has done before. That means you can sign transactions on-device with the ease and familiarity of biometric security. And Solana’s dApp Store gives you access to all the blockchain-powered services you need, in addition to Google’s Play Store.

As of this writing, Solana (SOL) is reacting positively to the announcement. The token records a 3% profit in 24 hours and a 21% profit over the past 30 days.

Solana SOL SOLUSDT Saga
SOL’s price trends to the upside on the daily chart. Source: SOLUSDT Tradingview
Related Reading: Uniswap Breaks Free From Apple’s Jail: Mobile Wallet Now Live

Chart from Tradingview

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Reynaldo Marquez

Reynaldo Marquez

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As an editor at NewsBTC, Reynaldo is an experienced journalist passionate about all things crypto. Reynaldo has interviewed key industry leaders, and created unique pieces analyzing the promise of crypto as the next frontier for an economic and social transformation of humanity. Since 2018, he has been at the forefront of the industry, closely following every major development and analyzing critical events at the heart of the crypto industry. With a keen eye for detail and an unwavering commitment to excellence, Reynaldo has been instrumental in bringing the latest news and insights to the crypto community. Outside of work, Reynaldo enjoys lifting weights and literature, which he believes gives him a unique perspective into the world of crypto. As an aspiring trader, he is always looking for new opportunities to explore and believes that crypto holds the key to unlocking the future of finance.

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