Binance, the world’s leading cryptocurrency exchange, announced progress towards the listing of Saga (SAGA). Initially scheduled for 9 April 2024 at 14:00 UTC, SAGA will now debut on the platform six hours earlier (08:00 UTC).
The change follows SAGA’s impressive performance on Binance Launchpool. Saga claims that it attracted over $13 billion worth of BNB and First Digital (FDUSD) stablecoin staking in just 24 hours after Binance Launchpool’s launch.
Saga positions itself as the “L1 that launched L1s,” enabling developers to easily create specialized, interoperable chains, called “Chainlets.” This focus on scalability makes Saga particularly attractive to the gaming industry, as it allows for simplified game-specific blockchain development.
SAGA is the project's native token and has multiple roles, including Chainlet payments, staking, and governance. In less than two years, more than 350 projects have begun building on its protocol, 80% of which are in the gaming space. In addition, the project has established strategic partnerships with major players such as Polygon, Avalanche, MarbleX, Com2uS, and Celestia.
On the other hand, Tensor’s native token TNSR will be listed on OKX for spot trading soon. Deposits will be opened at 04:00 UTC on April 8, 2024, followed by TNSR/USDT spot trading at 15:15 UTC.
Tensor is an NFT marketplace on the Solana blockchain that provides trading features such as candlestick charts, real-time data, and NFT-specific automated market making pools. The platform incentivizes users and has deep liquidity, with access to over 30,000 NFT collections.
Tensor raised a $3 million seed round in 2023 with support from Alliance DAO, Solana Ventures, and other notable investors, demonstrating early confidence in the project. By January 2024, the market had surpassed $140 million in annualized volume.