The crypto phone Solana Mobile Chapter 2 has already received a whopping 60,000 pre-orders.
This is the second series of crypto mobile phones produced by Solana, following the successful first series of Solana Mobile Saga.
Summary
The Solana Mobile Chapter 2: the second crypto phone is coming
Solana Mobile Chapter 2 is the new crypto smartphone that will be launched on the market by Solana.
It will be delivered only in 2025, and the current phase is the first phase of pre-orders.
It is called “founder window” and allows you to order the new Solana mobile phone model for $450.
There will then be two more pre-order phases before the launch in 2025, namely the “early adopter window” and the “supporter window”. Afterwards, it will simply be available for purchase at full price after its release on the market.
In addition, a referral program has also been activated for those who want to promote the pre-order sale of the phone.
This is evidently a well-studied marketing and communication plan, following the success of the one that led to the sales of the first Solana smartphone.
It should be noted that the technical details of the new Solana Mobile Chapter 2 are not yet known, so those who purchase it now do so on trust.
The previous phone
The Solana Mobile Saga had also achieved considerable success, thanks to a well-studied marketing strategy.
This is a smartphone specifically designed to maximize the Web3 usage experience.
In particular, it optimizes the use of dApps, DeFi, and NFT marketplaces.
It is equipped with a special toolkit for Android, the Solana Mobile Stack, which among other things simplifies the creation of mobile-first dApps.
It was launched at the beginning of last year, and in December it sold out.
Solana Mobile Saga initially costed $1,000, but later the price was lowered to $599.
The success of this first initiative has encouraged Solana to try to replicate it with Chapter 2, which will be released in 2025.
The founder of Solana
The co-founder of the Solana project and CEO of Solana Labs, Anatoly Yakovenko, has stated that the response to Solana Mobile has been incredible, and the launch of Chapter 2 pre-orders has created a true community of dedicated users.
Yakovenko is the engineer who invented Solana’s Proof-of-History. He has a past as a surfer, so much so that he took the name Solana from Solana Beach, California.
He has Ukrainian origins and was born when his country of origin was still part of the Soviet Union. In the late 90s, he emigrated to the USA, where he graduated in 2003 in Computer Science from the University of Illinois (Urbana-Champaign). He was then hired as an engineer at Qualcomm, where he remained until 2016.
After working for Mesosphere (D2iQ) and Dropbox, in 2017 he founded the Solana project and then the Solana Labs company. The Solana blockchain was launched in 2020, which was the year before the last major bull run.
SOL’s performance
The price of the native cryptocurrency SOL was initially less than $1, before skyrocketing to over $56 as early as May 2021.
The peak was reached in November of the same year above $260, before plummeting during the 2022 bear market due to the implosion of the Tera/Luna ecosystem and then the failure of FTX.
The lowest point of the 2022 bear market was reached on December 31st, when it even dropped below $10. At that point, it had lost over 96% of its value compared to the highs, but in 2023 it recorded a spectacular +900% that brought the price back to around $100.
The current value is almost double compared to the peak reached in the first half of 2021, but less than half of the peak reached in the second half of 2021.
In the last 30 days, it actually traded sideways around $95, which is more or less the current price, with a decline to $79 after mid-January, and a subsequent rise above $104 at the end of the month.
Yesterday’s news did not have any significant impact on the price of SOL, even though the sensational boom in the last quarter of 2023 was probably linked to the success of Saga and the numerous airdrops.
