Solana has reduced the price of its Saga phone by 40% just four months after its launch. The Android-based Saga phone, initially priced at $1,000, is now available for $599. The price reduction seems to have been driven by the low number of Saga Genesis NFT mints, indicating that fewer phones have been activated than expected. Some Twitter users expressed frustration with the price cut, while others supported it. Solana co-founder Anatoly Yakovenko highlighted the need for a mobile-centric approach to private key management in Web3. This news was summarized from a Blockworks article.

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