On resale platforms like eBay, the price of a new Solana Saga phone has surged to over $3,000, many times higher than its original retail cost of $600. Two items were said to have been sold for up to $5,000 each and another was also sold for $3,361. These prices are even higher than the price of an Iphone 15 Pro Max 256GB ($1,199).
Solana Saga is a blockchain-focused smartphone, designed for the Web3 era. Released with many expectations but the initial sales of the Solana Saga phone is quite bad, 10 times lower than expected. However, with the recent growth of the Solana ecosystem, the value of this phone has risen strongly.
Besides the growth momentum of Solana, BONK airdrop is also an important reason for its price increase. According to the project’s announcement, each Solana Saga phone owner will receive 30 million BONK (about $700 at current prices) for free. Solana Saga therefore got a lot of attention, especially in the context of BONK price increasing sharply and being listed on major exchanges like Binance. Many people believe that when the price of BONK skyrockets, its value can surpass the price of a Solana Saga phone.
In addition, Solend and the famous memecoin Samoyed Coin (SAMO) have also just announced exclusive promotions for Saga holders, thereby making it a sought-after item recently. The Saga phone offers various benefits, including a free month of Helium Mobile and a free toy. Furthermore, applications on Saga’s dApp store promise to bring special rewards and benefits to Saga phone owners.