Solana "Saga" smartphones sold out, inventory mismanagement, official announcement of canceling oversold orders.

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Solana Saga phones sold out, excess orders will be canceled

The official Twitter account of Solana Saga phones announced that orders for Saga have surged since last week. During this process, they also discovered inventory management issues with third-party retailers, leading to discrepancies in the inventory held by Solana Saga.

As a result, the official announcement states that all orders for Saga phones will be canceled.

In addition, in order to ensure that as many users as possible can purchase Saga phones, the official statement mentions that many orders flagged for suspicious activity have been canceled. Users whose orders have been canceled should have received notifications and will receive refunds in the next few days.

If users have "not received" a cancellation notification, it means their purchase was successful, and the official statement mentions that shipments will be made before the end of the year.

Last week, we saw an overwhelming demand for Saga, with sellouts in both the US & EU on our limited inventory of 20,000 devices produced globally.

In working to fulfill orders, we learned of an inventory management issue with our third-party distributor that resulted in an…

— Solana Mobile 🌱 (@solanamobile) December 22, 2023

SOL and BONK driving Saga phone sales

Previous reports have indicated that the surge in sales of Saga phones was driven by the skyrocketing value of tokens airdropped to Saga, such as BONK. Co-founder of Solana, Raj Gokal, tweeted just a week ago that the phones would be available for sale before the end of the year, and they were sold out within a few days.

Solana phone sales surge as an airdrop tool? The value of the included $BONK tokens has exceeded the price of the phone.