SAHARA Hits New All-Time High After Launching DSP

SAHARA, the token of the SAHARA AI project, just hit a new price record nearly a month after being listed on Binance. Investor interest has pushed the token to lead the AI sector in trading volume.

What is driving this price surge, and will it last? Here’s a deeper look.

Why Did SAHARA Surge 100% in a Single Day?

Sahara AI introduces itself as the first full-stack, AI-native blockchain platform. It allows anyone to create, contribute to, and monetize AI development. The project aims to make the future of artificial intelligence more accessible, equitable, and open to all.

To achieve this ambition, Sahara AI builds on three core pillars:

  • A Data Services Platform (DSP) for data labeling and refinement.
  • An AI Developer Platform for model creation, deployment, and tooling.
  • A decentralized AI Marketplace, where users can buy and sell datasets, models, agents, and computing resources.

Among these pillars, Sahara AI officially launched the Data Services Platform on July 22, 2025. The platform enables anyone worldwide to contribute to AI development through tasks such as labeling data, classifying images, or evaluating AI-generated content.

“DSP represents a fundamental shift in how AI development works. Instead of being limited to a select few with the means and know-how, AI development is now open to everyone,” Sahara AI stated.

A standout feature of the DSP is that users receive rewards in SAHARA tokens. On its launch day alone, the platform distributed over $450,000 in rewards, which drew massive attention from the community.

SAHARA Price Performance After DSP Launch. Source: TradingView

Within 24 hours of the launch, SAHARA’s trading volume exceeded $2.3 billion. The token price skyrocketed 100% to reach a peak of $0.165, pushing its market cap beyond $300 million.

According to CoinMarketCap, SAHARA leads AI sector tokens in trading volume.

Is The Bullish Momentum Sustainable?

SAHARA’s price surge was fueled by positive news and reinforced by investor optimism surrounding the altcoin season that began in July.

However, the token couldn’t sustain its peak for long. On July 24, SAHARA dropped more than 30% from its high. This sharp decline reflected rapid profit-taking by early buyers.

Additionally, SAHARA’s tokenomics remain in its early phase. The project has a total supply of 10 billion tokens, but only 2.04 billion (20.4%) are currently in circulation. The remaining 78% is locked and will gradually unlock until 2029.

SAHARA Token Vesting Schedule. Source: Cryptorank

Data from Cryptorank shows that over 84 million SAHARA tokens are unlocked each month. This represents 0.84% of the total supply and about 4.13% of the current market cap.

Projects with significant monthly unlocks can face challenges, especially if investors fear dilution. Still, if the altcoin season continues to strengthen and investors recognize the real-world utility of the SAHARA token, the project may attract renewed interest.

Disclaimer

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Nhat Hoang

https://beincrypto.com/sahara-hits-new-all-time-high-july/

2025-07-24 08:27:25

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