Solana Web 3.0 Smartphone ‘Saga' Launched; Sales From May 8

Anatoly Yakovenko, the co-founder of Solana addressed the Saga Launch Event from Solana Mobile. He said the user experience in web 3.0 has been holding users back, which is what the Saga wants to solve.

Timeline of Solana

Solana Mobile has introduced its first Android device — the Saga. Customers from the US, EU, UK, Canada, Switzerland, Australia and New Zealand will be able to order the phone beginning May 8.

The Solana coin price rising for five consecutive days has recorded 22% growth from the $20 support. This recent recovery breached a long-coming resistance trendline, indicating an early sign of trend reversal and offering a long entry opportunity to traders.

Solana moved to a six-week high on Wednesday, as markets reacted to the latest inflation figures from the United States. The consumer price index (CPI) fell to 5% in March, lower than the 5.2% sum many had expected. Ethereum classic also moved higher, nearing a multi-week high.

Solana (SOL) is surprisingly leading the top 20 altcoins' momentum today, with its price soaring by 4.69% over the past 24 hours to $23.47 and by 10.69% in the trailing seven-day period. Drawing on the current outlook of the digital currency ecosystem where prices are slipping, the growth of Solana has proven to be worth analyzing.

Solana [SOL] has been on a roll lately, leaving investors in anticipation of how far its crypto can rise. But is this just a fleeting moment of glory, or is there more to Solana's surge than meets the eye?

Solana [SOL] has been surprising investors with its massive gains over the last few hours. Solana's price increased by more than 10% in the last 24 hours, making it the highest gainer among the top 10 cryptos in terms of market capitalization.

SOL, the native token of Solana, has seen double digit gains in the past 24 hours as bulls turn up ahead of the highly anticipated Solana Mobile Saga launch. On Tuesday, as Bitcoin price broke above $30,000 for the first time in 10 months, Solana matched the upside pressure with an upswing of its own.

 The leading cryptocurrency Bitcoin has recently reached a 10-month high of $30,000, triggering a positive shift in market sentiment toward recovery. As a result, the Solana price surged 12% today and breached an 11-month-long resistance trendline.

A prominent analytics firm says one of Ethereum's (ETH) biggest rivals is way ahead of the blockchain pack in one key on-chain metric. Messari says that smart contract platform Solana (SOL) remains the top protocol among emerging ecosystems in terms of daily transaction count.

The bulls have painted the market green, with most cryptocurrencies scoring impressive price gains in the last 24 hours. The ongoing market-wide rally has empowered most coins to recover their lost price gains, with Bitcoin adding over 6.57% in seven days.