Solana Cell mentioned: February twelfth introduced that it has reached 100,000 pre-orders for its upcoming “Chapter 2” cell system.

The corporate mentioned these 100,000 pre-orders occurred inside 30 days, noting that this quantity means the early pre-order value ($450) ends inside 48 hours. Solana Cell's web site provides that now that this milestone has handed, the product is predicted to ship within the first half of 2025.

Solana beforehand offered 20,000 Saga smartphones, of which 15,000 have been offered in a day. The corporate reported “overwhelming demand” for its merchandise. December twenty first, round that point the world's stock was exhausted. The corporate additionally defined that there was a problem with stock administration, which induced it to cancel orders that exceeded the amount it might accommodate.

By the way, this surge in demand got here after preliminary gross sales have been overwhelmingly brief. By December sixth, the corporate had offered simply 2,500 gadgets, prompting Solana to rethink the cell market.

The most recent product could signify a change in technique. Solana's authentic Saga system was a smartphone, however the FAQ merchandise on Solana Cell's web site, “Is Chapter 2 a cellphone?” doesn’t affirm whether or not the most recent system is a cellphone. Somewhat, it simply signifies that the system is cell.

Previous gross sales have been primarily pushed by BONK memecoin

Solana Cell has supplied little clarification for its excessive December gross sales. Its web site says: The builders of Solana made this potential. ”

Nevertheless, it’s broadly believed that the sooner demand was because of a value surge that pushed up the worth of the Solana-based meme coin BONK. Every Saga smartphone included the appropriate to say his BONK in an airdrop. At its peak on December 15, 2023, the worth of 30 million BONK that may very well be claimed on every cellphone was roughly $985, whereas Solana's Saga telephones value simply $599.

Based mostly on fortuitous market circumstances, it’s unclear whether or not Solana's Chapter 2 gadgets might be equally worthwhile, however Solana Cell says customers will profit from its rewards program.

Rewards sponsors embrace NFT marketplaces Magic Eden, DRIP, and Tensor. Others embrace his Solflare and Phantom in Solana pockets, backpack in NFT pockets, and DEX Jupiter. People can earn rewards by referral hyperlinks and Chapter 2 pre-order tokens.