The Saga mainnet launched trading, with its token surging over 15,000% since early Tuesday, as per Binance data. The SAGA token, listed on Binance, surged to over $6 as of 2:03 p.m. ET, marking a rise from its opening price of $0.40.
The mainnet launch of the protocol allows developers to deploy blockchains without any cost to end users. Saga’s protocol enables the creation of chainlets, which are VM-agnostic, parallelized, and interoperable dedicated chains. These chainlets offer applications of infinite horizontal scalability. It operates as a fully decentralized proof-of-stake chain, emphasizing precision in validator arrangement and automated deployment.
Saga has a substantial growth from 0 to 350 projects building on its protocol, with 80% dedicated to gaming. Partnerships with industry giants such as Polygon, Avalanche, Samsung, and Polygon have further propelled its expansion. Saga seems ready to solidify its position in the blockchain space with a recent $15 million funding round and a dedicated division for game publishing.
Also Read: Saga announces Saga Origins publishing arm for Web3 games
