Over the past week, the cryptocurrency community has been abuzz with discussions about the skyrocketing prices of Solana (SOL) Saga phones, fueling a surge in demand for these coveted devices.
A statement from Solana Mobile expressed excitement about the historical significance of the recent days, anticipating an even more promising future. Currently, Solana Saga phones are fetching impressive prices on eBay, reaching up to $5,403 USD. The substantial number of users adding the phone to their watchlists underscores the growing demand for this product.
In stark contrast, Apple’s latest iPhone 15 Pro, with a starting price of $999 USD, is approximately one-fifth of the cost of the Solana Saga phones. The disparity in prices is drawing attention amid the fervour surrounding the phone’s sell-out status.
Solana co-founder Anatoly Yakovenko, amidst the hype, shared his astonishment, confessing to pacing around his house and repeatedly exclaiming “whoa.” Simultaneously, he disclosed that SOL had surpassed Ethereum in trading volume, marking a historic milestone.
As of the latest update, SOL’s price stands at $72.28, further adding to the allure of Solana’s ecosystem. The surge in popularity of Solana Saga phones has also contributed to the upward momentum of Solana’s meme coin, BONK, propelled by additional exchange listings and heightened sales of the mobile devices.
Addressing the recent surge in SOL’s popularity, Yakovenko emphasised that Solana’s success is not contingent on Ethereum’s downfall. He anticipates a future where both platforms thrive, emphasising the potential for technology to evolve and scale.
Yakovenko’s sentiments resonated with the crypto community, sparking discussions on social media. Some users noted the market’s speculation about the emergence of a potential “SOL killer,” highlighting the dynamic nature of the cryptocurrency landscape.