Connect with us
  • tg

Cryptocurrency

Solana Saga Phone Labeled ‘Failure of 2023’ Despite Surge in Demand

letizo News

Published

on

The Solana Saga smartphone has garnered the unfortunate title of the worst smartphone of the year, as declared by popular YouTuber Marques Brownlee (MKBHD).

Notably, the phone has experienced a surge in demand, leading to a sell-out, which occurred concurrently with an increase in the price of a memecoin developed on the Solana smart contract platform.

Solana Saga Phone Labeled ‘Failure of 2023’

In a comprehensive overview of the leading phones of 2023, Brownlee, a prominent YouTube personality with 18 million subscribers, labeled the Solana Saga phone as the “failure of 2023.” Despite acknowledging its commendable build quality and design, Brownlee strongly cautioned against purchasing the device, deeming it a “terrible idea.”

Notably, the Solana Saga smartphone distinguishes itself through its integration of blockchain technology, specifically tailored to enhance the experience for cryptocurrency users and developers.

The device represents an innovative fusion of advanced mobile technology with Solana’s blockchain capabilities, introducing heightened functionality and connectivity for the crypto community.

Solana Mobile recently announced that its Saga smartphone had sold out, a noteworthy accomplishment since it started shipping the Web3-enabled phones in April. One potential factor contributing to the sales surge is the incentive of receiving free BONK for purchasing the Saga, as indicated on the project’s website.

The decentralized finance (DeFi) crypto wallet Phantom specifies that the reward amounts to 30 million BONK, valued at over $620 at the time of this writing.

The Saga phone also offers additional benefits and rewards, including a free month of access to Helium Mobile, a complimentary toy, and special rewards from apps on Saga’s decentralized application (dApp) Store.

Solana Phones Prices Skyrocket

Solana Saga phone initially faced slow sales, reducing its price to $599 in August., but the situation took a turn as traders recognized an arbitrage opportunity.

A Solana phone, bundled with unclaimed BONK, recently fetched $5,000 in a resale on eBay. Other Solana Sagas are currently listed on the e-commerce platform at prices ranging from $2,000 to $10,000.

Anatoly Yakovenko, co-founder of Solana Labs, expressed earlier that the smartphone aims to bring more people into cryptocurrency. He highlighted the Saga as the first device where crypto is treated as a primary element in mobile, emphasizing the improvement it gets to the user experience of Web 3.

Yakovenko noted that without Saga, the user experience of Web 3 is challenging, particularly in terms of self-custody and security for mobile wallets, which can impede innovation and slow down user experiences in these domains.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

Cryptocurrency

NEXST Launches Web3 VR Entertainment Platform with K-Pop Group UNIS as First Global Partner

letizo News

Published

on

[PRESS RELEASE – Dubai, UAE, July 7th, 2025]

Revolutionizing fandom with AI, VR, and Web3 technology

Leading the next wave of immersive digital entertainment, NEXST proudly announces the launch of its groundbreaking VR division, powered by cutting-edge AI, VR, Web3, and Real-World Assets (RWA). The platform’s first major collaboration features rising global K-Pop sensation UNIS, making their virtual debut in a revolutionary new format.

As a next-generation AI-driven entertainment platform, NEXST is on a mission to reshape how fans connect with artists. With immersive VR content, real-time interactivity, and digital ownership through Web3, NEXST offers fans an entirely new way to experience music and storytelling.

“We believe the future of entertainment is immersive, decentralized, and artist-centric,” said Axel Gutman, Co-Founder of NEXST.

“Welcoming UNIS to the NEXST VR LIVE platform is just the beginning. We’re excited to announce more collaborations with global artists and top K-Pop stars in the coming months.”

Introducing NEXST VR LIVE: Immersive Web3-Enabled Experiences

NEXST VR LIVE is a dedicated division focused on creating immersive XR experiences using Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR). This initiative bridges globally famous artists, beloved IPs, and interactive VR environments—seamlessly integrated with Web3 technology.

Key features include:

  • Virtual concerts and performances with world-class artists
  • Interactive fan experiences powered by AI
  • Web3 integration that allows fans to own, trade, and participate in the entertainment economy
  • A smooth Web2-to-Web3 transition for mainstream fans

Inaugural Artist Announcement: K-Pop Powerhouse UNIS Joins NEXST VR LIVE!

Kicking off the launch is UNIS, the powerhouse K-Pop girl group formed through SBS’s hit survival show UNIVERSAL TICKET. Since their 2024 debut with WE UNIS and breakout single SUPERWOMAN, UNIS has captured the hearts of fans worldwide with their energy, vocals, and fierce Gen Z appeal.

By partnering with UNIS, NEXST taps into a vibrant, global fanbase—helping transition millions of Web2 music fans into the Web3 world.

$NXT Token: Powering the Web3 Entertainment Economy

The $NXT token powers the NEXST entertainment platform with real-world and digital utilities that enhance fan engagement, access, and ownership.

  • Exclusive Access: Unlockig VR concerts, discounted live tickets, VIP events, and early content drops.
  • AI & Fan Interaction: Accessing premium AI agent features, advanced LLM tools, and participate in artist growth via fan voting.
  • GameFi Rewards: Earning $NXT through gameplay, unlock in-game NFT items, and receive exclusive airdrops.

Details about the $NXT will be released soon via NEXST’s official social channels.

The Road Ahead: NEXST’s Vision for a Connected Future

NEXST will continue to push the boundaries of innovation by integrating AI, VR, and Web3 technologies across various entertainment domains, including music, live performances, and fan communities. Following UNIS, we aim to deepen collaborations with a diverse array of global artists and IPs, consistently delivering next-generation entertainment experiences that foster deeper connections between fans and artists.

We invite you to anticipate more groundbreaking events, collaborations, and updates as we collectively build the future of entertainment.

About NEXST

NEXT INNOVATIONS TECHNOLOGY L.L.C is a cutting-edge entertainment platform developer based in the UAE, dedicated to pioneering next-generation digital experiences.

Staying Connected with NEXST

About UNIS

UNIS is an 8-member South Korean girl group formed through SBS’s survival audition program UNIVERSE TICKET. After debuting on March 27, 2024, with their first mini-album WE UNIS, they have remained highly active, releasing their first single album CURIOUS in August of the same year and unveiling SWICY in 2025. Since their debut, they have continued to expand their global presence through various music shows and events.

UNIS Official Channels

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

We Asked Gemini, ChatGPT, Grok Where Cardano (ADA) Will End 2025: The Verdict Will Surprise You

letizo News

Published

on

TL;DR

  • With bitcoin sitting close to its all-time high of almost $112,000, the general perception among traders and investors is that the bull market is still going on.
  • As such, we decided to ask a few of the biggest AI solutions (Grok, ChatGPT, and Gemini) about one of the most popular altcoins – ADA, and its market potential this cycle.

How High Can ADA Go?

Unlike our similar article regarding XRP, the AI solutions provided more skeptical and, in some cases, bearish price predictions for ADA. ChatGPT, for example, warned investors not to anticipate fireworks from Cardano’s native token by the end of the year, stating, “Expect ADA to float in the $0.55-$0.65 range early in H2.”

Its most aggressive scenario envisions a price surge to somewhere between $1-$2, but said it’s not very likely the asset will go this high. Additionally, it cautioned users that if market support falters in the following months, ADA can drop well below its current levels of around $0.6.

Grok was slightly more bullish on the token’s future price trajectory. Its most realistic price range by the end of the year is “likely between $0.9 and $2.05, with an average around $1.21 and $1.48 if key resistance levels (e.g., $1.1) are breached and market conditions remain favorable.”

It touched upon some of the most extreme predictions circulating online, such as ADA at $7, but labeled them as “less credible without unprecedented adoption.”

Gemini described the overall market sentiment toward Cardano as “cautiously optimistic.” However, it warned that its price could struggle for the next few months and end the year at $0.55, which would mean a lower level than the current one.

What Would Drive This Volatility?

Although their price targets for the end of the year differentiated, the AI solutions were united in terms of what could drive the price gains or losses.

If ADA is to surge toward the most bullish zones outlined in the previous paragraphs, certain factors need to be aligned, ChatGPT, Grok, and Gemini said. One of the most important is the potential approval of a spot ADA ETF in the US. The current odds, according to Polymarket, are above 80% for a green light, and several companies have filed to launch such financial vehicles.

If approved, they can attract significant institutional interest, which would be a price booster. Other factors that could send ADA higher include technical upgrades, such as the January-implemented Plomin, which introduced a more sophisticated on-chain governance procedure, expanding the blockchain’s DeFi capabilities, and the overall market structure.

However, the AI chatbots also indicated that regulatory uncertainty, ecosystem stagnation, or broader market downturns could cap ADA at $0.6 or push it even lower. Consequently, the trio warned that investors should do their own research and not rely solely on AI-based predictions.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Ethereum Price Analysis: Is ETH Primed for Further Gains After Surge Past $2.5K?

letizo News

Published

on

Ethereum recently broke above the 200-day moving average and completed a pullback; however, the lack of strong bullish momentum suggests a higher likelihood of continued sideways consolidation.

Technical Analysis

By ShayanMarkets

The Daily Chart

After a period of consolidation between the 100-day and 200-day moving averages, ETH successfully broke above the 200-day MA at $2.5K, followed by a pullback. While this move is typically viewed as a bullish signal, ETH has failed to demonstrate strong follow-through, indicating weak market participation and insufficient bullish momentum.

As a result, the likelihood of continued sideways consolidation has increased. Currently, the price remains trapped between the 200-day MA and the critical $2.8K resistance level, with a decisive breakout in either direction needed to establish the next major trend.

The 4-Hour Chart

On the lower timeframe, Ethereum’s recent rally was halted at a key bearish order block between $2,625 and $2,670, a zone that has consistently attracted selling pressure. The rejection has led to a retracement toward the $2.5K support level — a historically significant zone where buyers have previously stepped in.

As anticipated, ETH found temporary support here and attempted a minor rebound. However, the current lack of trading volume and diminished bullish momentum suggests the potential for another rejection at the overhead resistance. Until a breakout above $2,670 or below $2.5K occurs, Ethereum is expected to remain range-bound.

Sentiment Analysis

By ShayanMarkets

This chart presents the Binance Liquidation Heatmap, highlighting zones where significant liquidation events are likely to occur. These areas often act as liquidity magnets, attracting price action due to the concentration of leveraged positions. Large market participants, commonly referred to as whales, tend to exploit these zones to enter or exit positions efficiently.

Currently, a prominent cluster of liquidation levels is situated just above the $2.6K mark, suggesting a strong likelihood that Ethereum’s price could gravitate toward this region. If reached, it may trigger a short-squeeze, fueling further upward momentum and potentially propelling ETH toward new local highs.

Conversely, another substantial liquidity pool resides below the $2.5K level, implying the possibility of a downward move to tap into this zone. As a result, Ethereum remains confined within a tight range between these liquidity clusters, awaiting a decisive breakout to determine the next directional move.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved