Motorola seems to be carrying on with its new 2021 trend of resort island-based code-names for its upcoming budget phones. The latest of these is apparently the "Ibiza", a device rumored to launch with the new Snapdragon 480 SoC for budget 5G phones. It may also have been registered with the Wi-Fi Alliance, suggesting it will be here soon.
https://www.notebookcheck.net/Motorola-s-Ibiza-may-launch-soon-as-a-phone-with-Android-11-and-Wi-Fi-5.516980.0.html