Solana hits 100k preorders for second mobile device, five times original production

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Solana Cell stated in a Feb. 12 announcement that it has attained 100,000 preorders for its upcoming “Chapter 2” cell gadget.

The agency stated that these 100,000 preorders occurred over lower than 30 days, noting that this quantity signifies that the early preorder value ($450) will finish in 48 hours. Solana Cell’s web site provides that the product ought to ship within the first half of 2025 now that this milestone has handed.

Solana beforehand offered 20,000 Saga smartphones, and of that complete, 15,000 had been offered in a single day. The corporate reported “overwhelming demand” for the product on Dec. 21, which led it to exhaust its world stock round that point. The corporate additionally described a list administration subject, inflicting it to cancel orders past these it may fulfill.

By the way, that surge in demand got here after underwhelming preliminary gross sales. By Dec. 6, the corporate had offered simply 2,500 units, main Solana to rethink the cell market.

The most recent providing could symbolize a change in technique. Whereas Solana’s unique Saga gadget was a smartphone, Solana Cell’s web site doesn’t verify that the most recent gadget is a telephone underneath the FAQ merchandise “Is Chapter 2 a telephone?” Somewhat, it solely signifies that the gadget is cell.

Previous gross sales largely pushed by BONK memecoin

Solana Cell has supplied little clarification for its excessive gross sales in December. Its web site states: “It wasn’t our doing; it was the Solana builders who made it occur.”

Nonetheless, earlier demand has been broadly attributed to a value surge that drove up the worth of the Solana-based memecoin BONK. Every Saga smartphone included rights to say BONK in an airdrop. At its peak on Dec. 15, 2023, the 30 million BONK claimable by way of every telephone was price about $985, whereas Solana’s Saga telephone price simply $599.

Although it’s unclear whether or not Solana’s Chapter 2 gadget will probably be equally worthwhile primarily based on likelihood market circumstances, Solana Cell says customers will profit from reward packages.

Reward sponsors embrace the NFT marketplaces Magic Eden, DRIP, and Tensor. Others embrace the Solana wallets Solflare and Phantom, the NFT pockets Backpack, and DEX Jupiter. People can earn rewards by way of referral hyperlinks and Chapter 2 Preorder Tokens.

The publish Solana hits 100k preorders for second cell gadget, 5 instances unique manufacturing appeared first on snipoodle.

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