Solana markets itself as a faster and cheaper solution to Ethereum despite network outages. With Magic Eden securing $1.6 billion, Solana seeks to revolutionize crypto with a Web3 phone.
The news broke recently after Solana´s NFT Marketplace Magic Eden scored a $1.6 billion valuation after its latest funding round.
The Solana ecosystem keeps growing, and this time a new Solana division stepped up to bring the Web3-friendly Saga mobile phone to the market. This smartphone will natively support various Solana applications, including the leading NFT marketplace Magic Eden.
The newly announced Solana-powered Saga smartphone will launch at the beginning of 2023. It runs on Android, while being enhanced by a custom toolkit. They dubbed this toolkit SMS, or Solana Mobile Stack. This SDK will help developers to build dapps on Solana, tailored for smartphones. It includes a mobile wallet adapter, a seed vault for security and Solana Pay for easy payments.
Solana is currently…