• Solana has announced the launch of its crypto-focused Saga smartphone, slated for a May 8 launch.
  • First teased 10 months ago, shipping has already begun for those who pre-ordered.
  • Saga meets users where crypto and mobile technology intersect.

Solana Labs' pro-crypto smartphone, christened 'Saga,' will be launched on May 8, with pre-ordered devices already in the shipping stage.

Also Read: This is how Solana plans to cut costs for its on-chain storage solution

Solana's Saga mobile device

The device, which uses the Android operating system, is a gamble on mobile with special relevance to the future of the cryptocurrency industry. It comes around 10 months after Solana first teased about the sporadic potential of a cell phone that could also serve as a dedicated cryptocurrency wallet. At the time, Solana Labs was considering the possibilities a product of this kind would have on the entire cryptocurrency ecosystem.

Reportedly, Saga cost up to $1,000 and was built on hardware from OSOM, a smartphone company located in the Bay Area. The device boasts a 512 GB storage capacity with two versatile back camera lenses. It also features a 6.67-inch OLED display and fingerprint scanner for security. The latest Android version and operating system have been featured in the Saga.

Among the distinguishing features of the Saga device includes the "Solana Mobile Stack" (SMS), a lineup of special add-ons integrating crypto's usefulness into the hardware and software of the phone. Moreover, SMS contains intrinsic security features that help facilitate sending, receiving, trading, and storing of cryptocurrency on the device.

Saga is hack-resistant, distinguished from market rivals

The safety element of the Saga device is that it is immune to hacking so that confidential information can be stored within the phone. The device contains a customized "seed vault" where the owner can store their private keys to achieve this security element.

Additionally, Saga's custom 'dApp' store only lists applications. There are over 12 applications in the store relating to cryptocurrency trading, communications between wallets, music, and digital collectibles. These applications can be downloaded, and many others are expected to come soon.

The company has already committed not to impose "extractive fees" on dApp store applications. The move distinguishes Saga from industry peers such as Apple and Google, who demand a 30% tax on their respective storefronts. Noteworthy, the device's dApp store differs from Android's Google Play.

With this landmark, Solana beats giant phone manufacturers like HTC and smaller ones like Sirin Labs, who have tried to develop a crypto-forward smartphone in the past but failed.

Solana's Saga has expertly achieved a device built for and marketed to a single cryptocurrency ecosystem. The ecosystem has been in the limelight since June 2022 when Solana co-founder, Anatoly Yakovenko, launched the Saga at an event in New York where Sam Bankman-Fried was headlined.

Since then, the SOL community, including its partisan developers and traders, has been in a defense mode after some of the ecosystem's core technology repeatedly failed.

A chance at narrative reset for Solana

By doubling down on mobile, the network can change the narrative for the better, as it presents an opportunity to put cryptocurrency in people's pockets, something the rest of the digital world is interested in doing.

As the Solana Saga ventures into the market, it meets users where cryptocurrencies and mobile technology. This innovative smartphone allows users to integrate their digital assets into their daily lives seamlessly. 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

Ripple Price Prediction: How tokenized treasuries could accelerate XRP to $10 by end-2025

Ripple Price Prediction: How tokenized treasuries could accelerate XRP to $10 by end-2025

The adoption of cryptocurrency-related financial products, including tokenized treasuries, is on overdrive globally, with the focus now shifting to robust networks such as Ripple's XRP Ledger (XRPL).

Sei rallies as Wyoming selects protocol for WYST stablecoin pilot

Sei rallies as Wyoming selects protocol for WYST stablecoin pilot

Sei extends gains above $0.21, decoupling the token from the broader crypto market amid low sentiment and macroeconomic uncertainty. The Wyoming Stable Token Commission selects Sei Network as a candidate blockchain for the WYST, the first fiat-backed stablecoin issued by a US state.

Crypto Today: Bitcoin, Ethereum, XRP nudge higher as geopolitical tensions take a backseat

Crypto Today: Bitcoin, Ethereum, XRP nudge higher as geopolitical tensions take a backseat

Bitcoin bulls step up, pushing the price above $106,000, as Trump said he would delay his decision about launching strikes on Iran for up to two weeks. Ethereum rebounds from the 200-day EMA support at $2,477 amid steady interest in the derivatives market.

Solana eyes trend reversal as bearish momentum bottoms out above $140

Solana eyes trend reversal as bearish momentum bottoms out above $140

Solana experiences a minor uptick of under 1% at press time on Friday, with multiple long shadow candles forming above $140 as bearish momentum fades off. The optimism surrounding Solana is on the rise, as evidenced by the SOL Open Interest reaching a weekly high.

Bitcoin Weekly Forecast: The calm before the storm

Bitcoin Weekly Forecast: The calm before the storm

Bitcoin (BTC) price remains steady above a key support level, trading slightly above $106,000 at the time of writing on Friday. The uncertainty looms as geopolitical tensions between Iran and Israel show no sign yet of an exit strategy from either side.

The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

BTC

ETH

XRP