Saga priceSAGA
Quote currency:
USD
$2.19-2.51%1D
Saga price calculator
More cryptocurrencies calculator >SAGA
USD
1 SAGA = 2.19 USD
Last updated 2024-05-20 18:37:54（UTC-0）
Saga price live data summary
The live price of Saga is $2.19 per (SAGA / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. SAGA to USD price is updated in real time. Saga is -2.51% in the last 24 hours. It has a circulating supply of -- .
What is the highest price of SAGA?
SAGA has an all-time high (ATH) of $10, recorded on .
What is the lowest price of SAGA?
SAGA has an all-time low (ATL) of $0.5000, recorded on .
Saga price prediction
Set your predictionWhat will the price of SAGA be in 2025?
Based on SAGA's historical price performance prediction model, the price of SAGA is projected to reach -- in 2025.
What will the price of SAGA be in 2030?
In 2030, the SAGA price is expected to rise by +2.00%. By the end of 2030, the SAGA price is projected to reach --, with a cumulative ROI of 0.00%.
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Saga price performance in USD
24h7d30d90d1yAll-time
-2.51%-2.51%-35.31%+313.90%+313.90%+313.90%
Saga price history in USD
TimeLowHigh
24h$2.06$2.13
7d$2.06$2.13
30d$2.06$3.54
90d$0.5000$10
1y$0.5000$10
All-time$0.5000(--, Today )$10(--, Today )
Saga market information
Market cap
--
-2.51%
Fully diluted market cap
--
-2.51%
Volume (24h)
--
--
Market rankings
Circulation rate
0.00%
24h volume / market cap
0
Circulating supply
-- SAGA
Total supply / Max supply
-- SAGA
-- SAGA
Saga ratings
Average ratings from the community
4.4
This content is for informational purposes only.
About Saga(SAGA)
What Is Saga?
Saga is a Layer 1 protocol that is redefining the way developers and enterprises approach
blockchain technology. At its core, Saga simplifies the deployment and management of application-specific
blockchains, known as Chainlets, making it as straightforward as deploying a smart contract. This platform is built on the principles of modularity and scalability, aiming to address the common challenges of security, decentralization, and scalability faced by blockchain applications today. Saga leverages shared security models, validator orchestration innovations, and an automated deployment pipeline to position itself as a vital scalability layer for the burgeoning web3 infrastructure, making it an attractive proposition for developers looking to build decentralized applications (dApps) with enhanced performance and flexibility.
The protocol is designed to enable a seamless and efficient creation of Chainlets, offering developers the freedom to launch dedicated blockchains tailored to their specific application needs. By doing so, Saga dramatically reduces the barriers to entry for deploying blockchain technology, fostering an environment where innovation can thrive without the technical complexities traditionally associated with blockchain infrastructure. This approach not only democratizes access to blockchain technology but also enhances the overall ecosystem by providing a more scalable, secure, and developer-friendly platform.
Resources
Official Documents:
https://docs.saga.xyz/
Official Website:
https://www.saga.xyz/
How Does Saga Work?
Saga operates by allowing developers to request the launch of Chainlets through its mainnet, which are then secured using shared security mechanisms derived from Cosmos Interchain Security (ICS). This ensures that each Chainlet automatically inherits the robust security of Saga’s mainnet, eliminating the need for developers to individually secure their blockchains. The shared security model simplifies the complexity around securing application-specific chains, allowing developers to focus on building their applications rather than on underlying infrastructure challenges. Validators on the Saga network play a crucial role in this architecture, as they are responsible for producing blocks and ensuring compliance with a predetermined service-level agreement (SLA), which covers aspects like uptime requirements and honest consensus participation.
The protocol employs innovative validator orchestration tools that facilitate the automated management of thousands of Chainlets, addressing potential scalability issues head-on. These tools enable validators to effortlessly handle the provisioning, scheduling, and upgrading of Chainlets, ensuring a scalable and efficient ecosystem for both developers and users. Furthermore, Saga introduces a unique economic model and token mechanism that incentivize network participation, making it an attractive platform for validators and developers alike. The pricing model for Chainlets involves a competitive auction system, ensuring transparent and fair compensation for validators while keeping the costs for developers manageable.
What Is SAGA Token?
SAGA is the main token of the Saga ecosystem, serving multiple critical functions within the platform. It is primarily used as the medium for transaction fees, validator rewards, and the provisioning of Chainlets, embedding it deeply into the fabric of Saga’s operational and economic model. The token mechanism and economics are designed to incentivize both developers and validators, fostering a vibrant and growing ecosystem. Developers pay for the provisioning and maintenance of their Chainlets in SAGA tokens, while validators receive SAGA tokens as compensation for their services, including securing the network and meeting the stringent requirements set by the SLA. SAGA has a total supply of 1 billion tokens.
What Determines Saga’s Price?
The price of Saga, a leading Layer 1 protocol in the blockchain and web3 ecosystem, is influenced by a complex interplay of factors that resonate with the dynamics of the broader cryptocurrency
market. Supply and demand fundamentals, underscored by the latest news, cryptocurrency trends, and the level of Saga adoption, play pivotal roles in shaping its valuation. As investors and users delve into
cryptocurrency analysis and scrutinize cryptocurrency charts for Saga price prediction, the impact of market sentiment, driven by the latest developments and cryptocurrency regulation, cannot be overstated. The quest for the best crypto investment for 2024 and beyond sees Saga's price being sensitive to these ever-evolving market forces, highlighting the importance of staying informed and vigilant in a landscape marked by market volatility and cryptocurrency risks.
Moreover, Saga's standing as a Layer 1 protocol places it at the heart of security concerns critical to cryptocurrency adoption and the advancement of the web3 domain. The interplay between technological advancements within the Saga ecosystem and external factors such as cryptocurrency regulation significantly influences its market perception and, consequently, its price. Cryptocurrency price prediction for Saga, therefore, necessitates a comprehensive understanding of both its internal security measures and the external environment, encompassing the latest news and trends in cryptocurrency. As the ecosystem matures and navigates through the complexities of market volatility and security concerns, Saga's strategic position within the blockchain landscape continues to make it a noteworthy consideration for investors looking at cryptocurrency trends and seeking robust investment opportunities in the digital age.
For those interested in investing or trading Saga, one might wonder: Where to buy SAGA? You can purchase SAGA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
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Last updated 2024-05-20 18:37:54（UTC+0）
How to buy Saga (SAGA)
Buying Saga on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to
How to buy Saga (SAGA)
.
Trade SAGA perpetual futures
After having successfully signed up on Bitget and purchased USDT or SAGA tokens, you can start trading derivatives, including SAGA futures and margin trading to increase your income.
The current price of SAGA is $2.19, with a 24h price change of -2.51%. Traders can profit by either going long or short onSAGA futures.
Join SAGA copy trading by following elite traders.
After signing up on Bitget and successfully buying USDT or SAGA tokens, you can also start copy trading by following elite traders.
Saga news
See more
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Coindesk•2023/12/18 21:31
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Coindesk•2023/11/16 08:00
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
Coindesk•2023/07/25 12:47
People are also inquiring about the price of Saga.
Cryptocurrency investments, including buying Saga online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Saga, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Saga purchase. This page and any information included are not an endorsement of any particular cryptocurrency.
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SAGA resources
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Saga Social Data
In the last 24 hours, the social media sentiment score for Saga was 3, and the social media sentiment towards Saga price trend was Bullish. The overall Saga social media score was 1,064, which ranks 355 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Saga being mentioned with a frequency ratio of 0%, ranking 697 among all cryptocurrencies.
In the last 24 hours, there were a total of 373 unique users discussing Saga, with a total of Saga mentions of 35. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has decrease by 34%.
On Twitter, there were a total of 1 tweets mentioning Saga in the last 24 hours. Among them, 0% are bullish on Saga, 0% are bearish on Saga, and 100% are neutral on Saga.
On Reddit, there were 0 posts mentioning Saga in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Saga. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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