in

Solana Mobile’s Chapter 2 sales exceed seven-day target in 24 hours

Solana Mobile’s Chapter 2 witnessed high demand, with pre-orders exceeding its seven-day sales goal within 24 hours, says Raj Gokal, co-founder of Solana.

Although Solana Mobile Chapter 2 is anticipated to arrive somewhat in H1 2025, it has already generated huge momentum, with over 25,000 pre-orders flooding in within the initial 24 hours post-announcement.

Raj Gokal, co-founder of Solana, told TechCrunch in a commentary that the total amount of pre-orders has already surpassed the 30,000 mark, reaching the company’s seven-day sales goal just within 30 hours. While the hardware specifics of the new version remain undisclosed, a Solana spokesperson assured that the phone would inherit key features from its predecessor.

“For developers, Solana Mobile is creating a massive opportunity for crypto app teams looking to incentivize their users. It gives them a concentrated distribution channel to die-hard, dedicated users. It allows them to do this without any prohibitive app store fees.”

Raj Gokal

Just like Saga, Solana Chapter 2 will be based on Android with support for a built-in crypto wallet, and a “dApp store” for decentralized applications. Priced at an anticipated $450, it undercuts the $599 launch price of the Saga.

Initially introduced in late October 2022, the Solana Saga featured an IP68 rating, a 120Hz AMOLED screen, a 50MP primary camera, and up to 1TB of storage, retailing at $1,000. In a December 2023 appearance on Laura Shin’s Unchained podcast, Solana CEO Anatoly Yakovenko acknowledged the smartphone’s uncertain fate due to lackluster sales.

However, a sudden surge in popularity surrounding Solana-based BONK altcoin led to the swift sell-out of Solana’s smartphones, as Saga owners could claim 30 million BONK tokens, valued at $565 during that time. Gokal highlighted that the company has been working on a new phone for over a year now, adding that the new model uses “learnings from the last two years to enable greater flexibility for developers and users.”

Follow Us on Google News

This article first appeared at crypto.news

What do you think?

Written by Outside Source

Bitcoin ETF Trading Volumes and Holdings Keep Rising After Launch but BTC Price Struggles

MetaMask rolls out Validator Staking, opening path for user-run Ethereum nodes