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

Solana Cell mentioned in a Feb. 12 announcement that it has attained 100,000 preorders for its upcoming “Chapter 2” mobile tool.

The firm mentioned that these 100,000 preorders came about over no longer up to 30 days, noting that this amount methodology that the early preorder label ($450) will discontinuance in forty eight hours. Solana Cell’s online web page provides that the product must serene ship in the first half of 2025 now that this milestone has handed.

Solana beforehand sold 20,000 Saga smartphones, and of that complete, 15,000 were sold in a single day. The firm reported “overwhelming demand” for the product on Dec. 21, which led it to use its global stock around that point. The firm furthermore described a listing management topic, inflicting it to extinguish orders previous these it might probably probably well fulfill.

Incidentally, that surge in demand came after underwhelming initial gross sales. By Dec. 6, the firm had sold excellent 2,500 devices, main Solana to re-evaluate the mobile market.

Essentially the most standard offering might perchance perchance well characterize a alternate in technique. Whereas Solana’s authentic Saga tool modified into a smartphone, Solana Cell’s online web page does not verify that essentially the most standard tool is a mobile phone below the FAQ item “Is Chapter 2 a mobile phone?” Rather, it only means that the tool is mobile.

Previous gross sales largely pushed by BONK memecoin

Solana Cell has equipped itsy-bitsy reason in the relieve of its high gross sales in December. Its online web page states: “It wasn’t our doing; it modified into the Solana builders who made it happen.”

On the opposite hand, previous demand has been broadly attributed to a label surge that drove up the label of the Solana-primarily primarily primarily based memecoin BONK. Each and every Saga smartphone incorporated rights to claim BONK in an airdrop. At its peak on Dec. 15, 2023, the 30 million BONK claimable thru every mobile phone modified into rate about $985, while Solana’s Saga mobile phone cost excellent $599.

Even supposing it’s unclear whether Solana’s Chapter 2 tool will almost definitely be equally winning primarily primarily primarily based on probability market stipulations, Solana Cell says customers will absorb the benefit of reward programs.

Reward sponsors encompass the NFT marketplaces Magic Eden, DRIP, and Tensor. Others encompass the Solana wallets Solflare and Phantom, the NFT pockets Backpack, and DEX Jupiter. People can score rewards thru referral hyperlinks and Chapter 2 Preorder Tokens.