Solana Saga smartphone has increased in price by 10 times

The Saga smartphone, developed by Ukrainian Anatoliy Yakovenko’s company Solana, continues to surprise the market. Saga phones have become the talk of the cryptocurrency community over the past week, and their prices have been rising significantly.

The price of cryptocurrency smartphones from Solana on eBay has reached $ 5403 — in August, the price of Saga was reduced from $ 999 to $ 599. A significant number of users are actively adding the phone to their «wish list», which indicates a growing demand for the product.

Amidst the excitement around the smartphone sale, Anatoly Yakovenko admitted: «I just walk around the house and say 'wow' over and over again.» The developer also shared the news that SOL has surpassed Ethereum in terms of trading volume for the first time in history.

It is worth noting that Saga suddenly became popular thanks to the BONK cryptocurrency. The memtoken, launched on the Solana blockchain, caused a stir among users, which led to a sharp increase in phone sales.

Over the past 30 days, BONK has grown by more than 1100%, which has encouraged people to buy Solana smartphones. The owners of the new phones had the opportunity to receive 30 million BONK as part of the airdrop. This created an opportunity for arbitrage as the value of the airdrop exceeded the value of the phone itself.