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<a href="https://news.todayq.com/solana-saga-and-its-impact-on-bonk-in-detail/" target="_blank" rel="noreferrer noopener">Solana Mobile</a>, a subsidiary of Solana Labs, recently witnessed several challenges as its Saga mobile device recorded overwhelming demand. This led to sellouts in the regions of the US and EU with a call for more. The company mentioned that it produced a limited inventory of 20,000 devices globally. However, the unexpectedly high demand caused inventory depletion. Solana SAGA mobile to go on sale again? 
A statement from Solana Mobile highlighted issues with the third-party distributor’s inventory management. This has resulted in inaccurate representations. 
Solana Mobile stated that the efforts to fulfill orders faced obstacles due to inventory discrepancies. However, orders placed after inventory exhaustion couldn’t be fulfilled, and the company canceled orders flagged for suspicious activity. This includes excessive device orders or payment risks. However, it aims to prioritize Saga deliveries for as many users as possible. 
According to the statement issued, customers affected by order cancellations have been informed and will receive refunds shortly. Solana SAGA Mobile showed understanding of the disappointment and apologized for any inconvenience caused. Meanwhile, for customers without cancellation notices, Saga shipments are underway. The shipping notifications are expected before the year-end.&nbsp; 
<a href="https://news.todayq.com/solana-bullish-run-continues-overtakes-xrp/" target="_blank" rel="noreferrer noopener">Solana (SOL)</a> is known for its high transaction speeds and low fees. SOL recorded a disappointing 2022 with a massive price drop. However, recent market movement has led to Solana’s resurgence. SOL token price surged by nearly 800% since December 2022. The crypto community has shown renewed interest in Solana, evidenced by increased transactional activity and a notable rise in the price of the SOL token. 
Solana is trading at an average price of $93.05, at the press time. Its 24 hour trading volume is up by 31% to stand at $5.6 billion. BONK reviving SOL? 
Meme coins, including the Solana-based BONK, have contributed to Solana’s revival. BONK, created as a joke following the FTX and Alameda Research downfall has made it to the top charts. BONK price has jumped around 400% in the past month and achieved a $1.2 billion market capitalization. 
It is important to note that the Saga crypto phone initially faced challenges with disappointing sales. However, it saw renewed interest after a BONK airdrop making it exclusive to Saga users. The phone’s resale value surged with listings on eBay reaching thousands of dollars. 
In the broader context, nonfungible tokens (NFTs) are experiencing a revival, with global sales volume increasing since September. Notably, Solana and Bitcoin surpassed Ethereum in NFT trading volume over the past week, according to CryptoSlam. 
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Solana drops update for SAGA mobile, BONK to rally?

Todayq News

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