News - Solana smartphone on sale for more than $5000
When demand increases while supply remains the same, the price rises. This is also the case with the Solana Saga smartphone.
Retrieved from eBay the blockchain-integrated phone already costs up to $5,403, up 440 percent from its original price of $1,000.
Compared to industry giant Apple, its price is almost five times that of the iPhone 15 Pro Max. Apple's product costs "only" $1199 on the market.
Even Anatoly Yakovenko can hardly believe it. "Right now I'm just walking up and down the house and I keep saying, 'Wow,'" he said. says the co-founder of Solana at X.
The hype comes as no surprise. With price growth of about 460 percent over the past year, Solana is one of the top altcoins. At the time of compiling this press release, SOL was trading at $69.98.
Another reason: Solana's memecoin BONK. With nearly 20,000 percent growth in one year, the cryptocurrency is attracting a lot of attention.