The SAHARA token, the cryptocurrency of Sahara AI, plummeted nearly 60 percent over the last 24 hours, falling to around $0.016. Earlier in the day, the token traded close to $0.035 but underwent a sharp drop, coming close to its all-time low at $0.01355. The steep decline signaled a rapid surge in selling pressure across the market.
Heavy trading volume stirs attention
According to available data, SAHARA saw approximately $215 million in trading volume within a single day. This figure was over four times its $49 million market capitalization, revealing an unusual disconnect. The vast gap between volume and market cap painted a picture of intense capital outflows and an overstressed market.
Sahara AI is recognized as a blockchain project with a focus on artificial intelligence. In a statement published on X, the project team asserted that no security vulnerabilities exist within its smart contracts or products. Notably, the team’s messaging was identical to statements shared during a major price drop from $0.07 to $0.04 on November 29, 2025.
The team clarified that all allocations in team and investor wallets remain undisturbed on-chain. Transfers causing concern were linked to a preplanned Chainlink CCIP bridge contract operation to supply liquidity for a newly launched cross-chain bridge.
600 million token transfer sparks discussion
Following the crash, several market observers pointed to a large 600 million SAHARA transfer as a likely factor in the intense selling pressure. The team responded by stating that a completed review found team and investor holdings did not move on-chain. The statement further emphasized that the transfer was part of a planned initiative to support token interoperability across multiple blockchains.
Mini glossary: Chainlink CCIP is an interoperability protocol enabling transfers of data and tokens across different blockchains. Adding liquidity to a bridge contract can facilitate smoother movement of assets across multiple networks.
In the team’s statement, Sahara AI reiterated, “All team and investor wallet allocations are completely intact on-chain. No team or investor tokens have been sold or transferred.” The company maintained that the day’s notable transfers were executed purely to provide liquidity for the newly introduced cross-chain bridge.
Losses deepen since June launch
With the latest sell-off, SAHARA has now dropped about 75 percent since launching in June 2025. The token has thus surrendered most of its value within a few months of entering the market, and the most recent cascade has highlighted its persistent weakness.
After the official statements, market participants continued to monitor on-chain activity and further bridge operations. The strikingly high volumes, the notable transfers, and the reposting of identical language used during previous declines have all fueled growing debate around SAHARA.
