Firstly, it has brought together Solana’s Web 3.0-focused initiatives, such as Solana Mobile and Solana Pay. Looking back from a future perspective, the new phone appears to have achieved two significant strategic objectives for Solana. ![]() According to Solana, the device will allow users to trade tokens while waiting for coffee or mint NFTs during their morning commute. Dubbed “Web3 in your pocket,” the Saga phone aims to make crypto payments and NFT trading faster, easier, and more secure. This Android device priced at $1,000 has been specifically designed to cater to the needs of Web 3.0 and crypto enthusiasts. On April 13, Solana ( SOL-USD ) is launching the Saga phone. For investors who want to support Web 3.0, these cryptos and NFT tokens can be a good choice for a long-term investment. Web 3.0 is one of the most promising areas of the crypto market in 2023. Take, for example, the stocks of large companies such as Microsoft (NASDAQ: MSFT ) (Web 1.0) or Apple (NASDAQ: AAPL ) (Web 2.0) in their infancy. The high growth potential of the crypto market in general, and the relatively young age of the industry in particular, makes it possible to invest in projects at the very beginning of the ecosystem development, which means at a favorable price for a token. The cryptocurrency market capitalization has decreased from $3 trillion to $1 trillion in two years. Currently, metaverse project tokens and Web 3.0 cryptos are in demand as they accelerate the development of the virtual economy. Web 3.0 will change the internet and contribute to the ever-greater digitalization and decentralization of the economy.Ĭryptocurrency markets are actively developing, and most likely, Web 3.0 assets will show the largest growth in 2023. Without them, it is impossible to imagine the development of the technological side of the industry - data storage on the blockchain, decentralized finance, and non-fungible tokens. ![]() Crypto projects occupy the leading share of Web 3.0. This technological revolution is expected to solve many of the problems that internet users currently face. Analysts predict the global Web 3.0 market will reach $81 billion by 2030, growing by 41%.
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