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.

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 competitorsā€™ flagship products. These include Appleā€™s iPhone, Googleā€™s Pixel, Samsungā€™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 (ā€¦). 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 (ā€¦).

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 ā€œintegrated secure element,ā€ a feature called OSOMā€™s Seed Vault.

In addition, Saga will ship with a high-performance chip and 512GB storage packed under a 6.67ā€ 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:

(ā€¦) 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 Solanaā€™s dApp Store gives you access to all the blockchain-powered services you need, in addition to Googleā€™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.

SOLā€™s price trends to the upside on the daily chart. Source: SOLUSDT Tradingview

Chart from Tradingview

Reynaldo Marquez

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