Solana Launches Blockchain and Web3-Compatible Smartphone, Saga
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The company detailed that interested purchasers can place a fully refundable $100 deposit, which would be deducted from the “anticipated final cost of $1,000.”
Saga comes fully integrated with the Solana blockchain and other unique functionalities, making it the perfect mobile device for developers and crypto enthusiasts to transact in Web3 and manage digital assets.
Commenting on the latest release at an event in the US, Solana co-founder Anatoly Yakovenko noted: “Almost 7 billion people use smartphones around the world, and more than 100 million people hold digital assets – and both of those numbers will continue to grow.” Yakovenko added: “Saga sets a new standard for the web3 experience on mobile.”
The mobile release marks Solana’s largest project on record on its mobile-focused growth. The device also features a DApp (decentralized application) store, “Solana Pay” for QR code-based on-chain payments, a mobile wallet adapter, and a “seed vault” to secure private keys.
Key Solana Levels to Watch — June 24
Solana (SOL) has maintained a steady bullish momentum over the past 24 hours, trading up by over 14% from yesterday’s low of $33.90. However, the blockchain cryptocurrency remains unable to clear the $40.00 mark, with price stalling around that area.
With the stochastic indicator suggesting a reversal in the coming hours, we could see a drop to the $35.50 area, where the 4-hour 100 EMA serves as support. This reversal could become heightened in the coming days, given how volatile the weekends get for crypto.
Meanwhile, my resistance levels are $40.00, $50.00, and $58.00, and my support levels are $35.00, $30.00, and $27.00.
Total Market Capitalization: $936.6 billion
Solana Market Capitalization: $13.18 billion
Solana Dominance: 1.40%
Market Rank: #9
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