Solana Plans to Launch a Second Smartphone

Reported by Coindesk, Solana Mobile plans to launch a second smartphone. The new phone will have an on board crypto wallet, custom Android software and a store for crypto applications and will at a cheaper price compared to the first Solana phone, Saga.

The new Solana Mobile phone could help tamp down what's become a red-hot secondary market for the severely limited supply of existing Saga smartphones. At press time a factory-sealed Saga device was catching bids at $3,200 on eBay, five times more than its price five weeks ago.

Back then Saga's backers were preparing to move on from their experimental phone, which had sought to create a mobile-first platform for crypto traders and NFT collectors but struggled to find a market big enough to justify its existence.

That changed in an instant when crypto traders realized the phone came with an allocation of BONK tokens that more than covered the price of the device. In less than a week the Saga sold out.