Solana Mobile is reportedly gearing up to introduce a second model to the market.
What Happened: The new handset is expected to retain the hallmark features that defined its forerunner, the Saga — including an integrated crypto wallet, specialized Android software, and access to a dedicated “dApp store” for decentralized applications. However, what sets this upcoming device apart is its more affordable price tag and revised hardware components, reported CoinDesk, citing sources.
Originally priced at $1,000 at its launch last year, the Saga saw a price drop following an initially lackluster reception. Currently, Saga smartphones are fetching bids upwards of $3,200 on eBay.
The rise in Saga’s market performance can be tied to the distribution of SOL meme token BONK that came with the phone. These meme tokens effectively offset the cost of the smartphone, leading to a rapid sellout when this perk became known.
Why It Matters: Earlier in December, Solana Saga smartphones, which initially struggled to attract buyers, reached up to $5,000 on eBay.
Since their market entry on May 8, each Solana Saga phone has come bundled with an enticing bonus for crypto fans — an airdrop of 30 million Bonk tokens.
Solana did not respond to Benzinga’s request to comment, at the time of publishing.
Price Action: At the time of writing, BONK was trading at $0.00001381, down 3.83% in the last 24 hours, according to Benzinga Pro.
