Solana’s New Crypto Phone Chapter 2 Causes Frenzy with 60,000 Preorders

In January 2023, Solana unveiled its latest innovation – the Solana Mobile Chapter 2 – a new cryptocurrency-enabled smartphone. Although its official release isn’t until 2025, the phone has already received a staggering 60,000 preorders in just three weeks since its announcement, reflecting massive demand.

According to Anatoly Yakovenko, co-founder and CEO of Solana Labs, the team is thrilled by the community’s response, which shows support and excitement around Chapter 2, with thousands of crypto enthusiasts preordering the phone. He stated:

“The response to Solana Mobile has been incredible. Since Chapter 2 was announced, we’ve had over 60,000 preorders and built a real community of dedicated users.”

The Solana Mobile Chapter 2 will launch as a more affordable successor to the company’s previous phone, the Saga. First introduced in June 2022 at $1,000, the Saga’s price was later reduced to $599. Even then, the model rapidly sold out in the US by December 2023. This demonstrated massive demand for Solana’s crypto smartphones amongst digital asset enthusiasts.

Priced at a lower $450, Chapter 2 aims to offer an accessible entry point for crypto-curious consumers to experience holding assets on their phones via decentralized apps and enjoy various integrated blockchain features. The software provides user-friendly functionality to send, receive, and trade cryptocurrencies from your device.

Driving Preorder FOMO with Rewards

Solana Mobile has implemented an inventive referral program to drive even more anticipation leading up to Chapter 2’s 2025 shipping date. Individuals are ranked on a public leaderboard based on how many new preorder signups they drive through their referral link. The top 1,500 referrers will be rewarded with a unique Element non-fungible token (NFT) and additional prizes from partners like Mad Lads, Jupiter, Tensor, and Backpack.

The first leaderboard snapshot will take place today, February 6, at 2 p.m. ET, with new snapshots continually updating referrers’ positions.

The excitement and demand for Chapter 2 of Solana Mobile showcase people’s desire to have direct access to the Web3 world in their pockets. It also reflects the increasing popularity and acceptance of cryptocurrencies in mainstream society. The success of the previous version, Saga, and the strong start of Chapter 2 indicate that more individuals want to be part of decentralized networks and own crypto assets integrated into their everyday devices.

For Solana, this presents a significant opportunity to expand its technology’s adoption and demonstrate its real-world applications. The company’s native SOL token is expected to experience increased purchases as the frenzy grows. Solana’s attention is attracting developers who are eager to create innovative blockchain tools and decentralized applications on its fast network.

While users eagerly await the shipping of Chapter 2, Solana is greatly benefiting from the launch of this highly anticipated product. It signifies the company’s rising prominence in the expanding Web3 technology landscape. With a strong market position and a passionate community of supporters, the future of Solana Mobile looks incredibly promising, even as the world of cryptocurrencies faces challenges.

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2024-02-06 13:54