Claim Giveaway Token Proof of Reserve

Solana's Saga— A Digital Coin with a Real World Twist

Key Takeaways
  • Solana's SOL bounced between $60-$65, dipped 7%, but recovered to a 6.5% gain at $64.28
  • Solana eyes Saga phone expansion with 2,200 units sold. New models, app upgrades, and store discounts are considered for growth
  • Solana clarifies SEC concerns, focusing on a $67.26 average price by December 2023. Potential 7-11% surge mid-December
06-Dec-2023 By: Simran Mishra
Solana's Saga— A Dig

Know about Solana's Saga of Digital Coins and Real-World Phones

Solana, a digital currency like Bitcoin or Ethereum, has been bouncing around in value this week, going from $60 to $65. Even after a little stumble of 7%, it managed to climb back up and is now at $64.28. What's interesting is the story behind it and the cool things Solana is working on, like their Saga phone.

Solana's Challenges and Strength

Imagine Solana as a superhero facing challenges. One challenge is the collapse of a big company called FTX. Solana's co-founder, Anatoly Yakovenko, talked about this in a podcast. He also talked about the government saying Solana might be a security (like a special kind of investment), but he made it clear that it's not Solana's fault. It's more about a company that helps people buy and sell Solana.

Despite these challenges, Solana is doing something pretty cool. They have this phone called Saga, and it's not just any phone – it's a special Solana phone you can buy. So far, only 2,200 people have bought it. To make it even cooler, the co-founder wants more people to have it, maybe 25,000 to 50,000 people. How? By making more phone models, improving apps, and giving discounts in stores.

The Saga Phone

Now, here's the exciting part. Solana isn't just about online money. They're stepping into the real world with a phone! Imagine having a Solana phone in your hand. That's what Saga is all about. The co-founder, Yakovenko, says they're thinking of making new Saga phones and making the apps on it even better. Plus, they might give you discounts if you buy stuff with their phone. It's like Solana is saying, "Hey, we're not just about digital money; we're about cool phones too!"

Looking to the Future

Despite all the ups and downs, experts think Solana will be worth around $67.26 by the end of December 2023. That's a guess, but they're feeling pretty positive about it. In the middle of December, around the 15th, they think it might go up even more, maybe 7-11%. That's good news if you're into Solana.


So, what's the big deal about Solana? Well, it's not just another digital coin. It's a superhero facing challenges, making a cool phone called Saga, and trying to make digital money feel real and fun. Whether it's dealing with tough situations or launching a phone, Solana is on an exciting journey, and it's something to watch. Who knows, maybe soon, everyone will have a Saga phone in their hands, and Solana will be more than just a digital coin – it'll be part of our everyday lives. 

Also read - DogeCoin Emerges as Crypto Dark Horse with Musk's Solid Support

Related News
Related Blogs