Google has added the cheapest and fastest variant, "Nano Banana 2 Lite" (officially Gemini 3.1 Flash-Lite Image), to its Gemini-based "Nano Banana" image generation family, making it generally available on June 30, 2026. At just $0.034 per image, it ranks #5 overall on the Text-to-Image Arena with an Elo score of 1251.
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