Solana Mobile is preparing to launch a second #cryptocurrency smartphone that will be more affordable than its predecessor, the Saga. The new phone will have the same basic features as the Saga, including an onboard crypto wallet, custom Android software, and a "dApp store" for crypto applications, but at a cheaper price point. 

The saga phone was initially priced at $1,000 but later reduced to $599 after the device struggled to attract buyers. However, the phone's price surged in December when the price of the Solana-based #memecoin bonk went parabolic, presenting an arbitrage opportunity given the device came with 30 million of the tokens. 

#Solana $SOL Mobile's decision to release a new and more affordable cryptocurrency smartphone was inspired by the unexpected success of the Saga phone, which eventually gained a loyal following in the crypto community and caught the attention of investors. The new phone will have updated components and specifications, including a potentially faster processor, better cameras, and other improvements.