What Is Saga Protocol (SAGA)? Launched in April 2024 on Binance.
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Each Chainlet is a replica of the Saga Mainnet, with the same validator set and security model.
Saga’s mission is to enable the next 1000 chains in gaming and entertainment as part of the growing Saga Multiverse.
Mass adoption of blockchain is imminent, and developers need base infrastructure that is infinitely scalable, interoperable and cost-effective to support consumer applications. By allowing developers to spin up dedicated blockspace on demand that elastically scales with performance needs, opens fast bridging to other ecosystems and is priced at commodity levels, Saga provides the E2E infrastructure that developers need to build the next generation of applications on blockchain.
Saga (SAGA): This appears to be the more active and valuable.
Launched in April 2024, it currently sits around $3.37 with a 24-hour trading volume of over $57 million.
Market cap : $309,962,033
Total supply : 1,005,613,215 SAGA
Circulating supply :
92,048,824 SAGA.