Saga coin is a Layer 1 protocol that enables developers to create parallelized, VM-agnostic, and interoperable dedicated chains, known as "Chainlets," which provide applications with infinite horizontal scalability ¹ ². This scalability is crucial for the mass adoption of blockchain technology, especially in gaming and entertainment, where Saga aims to enable the next 1000 chains ¹ ².$SAGA
*Key Statistics:*
- _Market Capitalization:_ $240 million ¹
- _Circulating Supply:_ 102 million SAGA ¹
- _Total Supply:_ 1 billion SAGA ¹
- _All-Time High:_ $7.60 (April 2024) ²
- _All-Time Low:_ $0.8463 (August 2024) ²
*Saga Ecosystem:*
Saga has partnered with notable companies like Polygon, Avalanche, MarbleX, Com2uS, and Celestia to automatically scale their infrastructure using Chainlets ². The platform also features a game publishing division, Saga Origins, which supports developers in releasing their projects ².
*Tokenomics:*
SAGA Protocol launched its mainnet with 1 billion SAGA tokens