This Thursday, April 13, the Solana (SOL) team officially presented its first Web3 mobile phone. Called “Saga”, this smartphone will host the main decentralized applications of the Solana ecosystem. Product overview.
Saga: a Solana smartphone
Web3 is interfering more and more with Web2, and in a rather unexpected way. After opening stores in the United States, Solana is now taking on the smartphone market and announces his own cell phone. Called “Saga”, it is marketed by the subsidiary Solana Mobile.
Announced in the summer of 2022, the smartphone was unveiled in more detail at a Solana Mobile conference, broadcast live this Thursday, April 13. Find her in the tweet below:
Become legendary. Watch the official @solanamobile Saga Launch Event Livestream 🌱 https://t.co/X70F1l3PwJ
— Solana (@solana) April 13, 2023
The Saga will be available for purchase from May 8, 2023, at a price of around 1000 dollars. From a technical point of view, the smartphone will be based on the Android operating system and will have 512 GB of memory for a 6.67-inch screen.
Concretely, the device is designed to embrace Solana’s Web3 ecosystem. The dApp Store will allow downloading decentralized applications, DeFi protocols or NFTs marketplaces and use them directly from the phone. For the moment, the applications already compatible and available upon purchase of the Saga will be: StepN, Magic Eden, Audius, Mango Markets and Ledger.
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One of the advantages is that Solana’s dApp Store will not charge excessive fees for payments within the future applications of its universe. Indeed, this is a real problem that Web3 developers are currently encountering with Web2 application stores (like Apple Store) which apply very high commissions.
Another interesting element, Solana Mobile unveils the “Seed Vault” in order to secure users’ digital assets, without impacting the fluidity of their experience. This biometric solution will validate transactions using fingerprint recognition via a button on the back of the mobile.
Since the beginning of this week, Solana’s SOL climbed 20% and is trading for $25. This is a 140% increase since the start of 2023, an honorable catch-up after having suffered the full brunt of the setbacks of the FTX affair.
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Lilian Aliaga
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