Solana’s SOL Price Drops Despite Phone Pre-Orders Surpassing 100K

Solana’s SOL Price Drops Despite Phone Pre-Orders Surpassing 100K

Solana (SOL) has experienced a decline in its market price despite the overwhelming success of its mobile division. The blockchain company recently announced that pre-orders for its second crypto-enabled smartphone have surpassed 100,000 units in just over a month, a significant milestone that underscores the growing interest in crypto-integrated devices. However, this enthusiasm has not translated into immediate positive momentum for SOL’s market price, which has decreased by 0.81% over the past 24 hours.
Solana Mobile’s Unprecedented Pre-Order Success
Solana Mobile has captured the crypto community’s attention and beyond with its announcement of crossing 100,000 pre-orders for its upcoming smartphone. This achievement marks a significant demand for crypto-focused mobile devices and sets a solid foundation for the company’s future in the competitive smartphone market. Solana co-founder Anatoly Yakovenko highlighted the economic viability of producing an affordable second devic

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