Solana Labs has announced that its flagship Android phone, Saga, is now available for purchase and ready to be shipped to several countries, including the U.S., Canada, EU, United Kingdom, Switzerland, Australia, and New Zealand.
The mobile phone is designed to bring the power of blockchain technology to users’ fingertips worldwide with its sleek design and premium components.
According to the announcement post, Saga is not just a phone but also offers a simplified web3 experience with Seed Vault. This secure self-custody solution protects users’ keys through biometric authentication and encryption.
Furthermore, users can access decentralized apps without having to interact and sign transactions through their desktop web browser, thanks to the Solana DApp Store.
The Saga Genesis token is also available to users when setting up their devices. This unique device-bound non-transferable NFT serves as a key to Saga Rewards, unlocking exclusive content and offers from Solana Mobile and dApps listed on the Solana DApp Store.
The mobile phone has already received positive reviews from users who have praised its intuitive and secure design, deep integration with Solana, and innovative Seed Vault.
As per the post, the pre-order shipments have already begun, and the company is expanding its shipping range to cover more countries soon.
However, Solana Labs is confident that Saga will revolutionize the mobile web3 experience and enable users to explore web3 right away. The company invites interested individuals to order Saga and join the mobile web3 era with this groundbreaking device.
Solana (SOL) Price Analysis
Despite a major announcement, SOL is currently showing bearish signs, as per the latest data from CoinMarketcap. The cryptocurrency is trading at $20.60, down by about 3.52% in the last 24 hours. However, the weekly chart recorded a decline of about 5.47%, indicating some market volatility.
In addition, SOL’s trading volume has witnessed an increase of 10.76%, reaching $455,745,488, in the last 24 hours, whereas the market capitalization has decreased by 3.60% in the same period.
According to PricePredictions.com, Solana (SOL) is predicted to experience a bearish trend in the long term based on technical analysis, with an anticipated price drop of $0.56322 over the next 7 days. It is expected to bring the price down to $20.07 by May 16, 2023.
Additionally, in the short term, the machine learning algorithm has also indicated a bearish trend for SOL, which suggests that investors may experience a slight decrease in the coming hours.