Solana is going strong and steady as an Ethereum killer despite network outage and node centralization. So far, NFT projects have found Solana the best place for operation. As a result, as high as 80% of NFTs live on the Solana blockchain. Solana Mobile will release Saga to help the community interacting with NFTs and digital assets.
What is Saga?Â
Solana Mobile, a subsidiary of the Solana LABS has launched Saga, which is a flagship mobile venture of the Solana LABS to integrate the concepts of Web 3.0 on mobile devices. Saga makes transacting in a Web 3.0 space fairly simple and interactive. Saga will further launch holding cryptocurrencies and NFTs in its cold storage. Developers, users and ecosystem participants are going to get major benefits in UI and UX using the Saga mobile devices. Bookings are on pre-funded basis with a $100 non-refundable deposit and the asset costing $1000.
What It Could Mean for Sol?Â
The blockchain through upgrades and product launch wants to gain major control over Ethereum’s share. Ethereum Network’s inability to manage DeFi citing traffic has helped Solana to broaden its wings.
The ecosystem has not only worked upon Ethereum’s network congestion flaws, but also targeted the audience to move to a more robust and scalable ecosystem. Such progress inevitably gives an edge to the network and even the community has lauded such moves leveling it as the Apple moment in the Web 3.0 Space.Â
