Sahara AI probes after SAHARA token tumbles 56%

Sahara AI opened an internal investigation after its SAHARA token plunged about 56% over 24 hours to an all-time low of $0.0129 on Binance on Tuesday. The token later traded near $0.0156 after trimming some losses.

The project began monitoring market activity in real time and reviewed on-chain records and internal logs to determine the cause. On X the team wrote, “We are aware of the unusual $SAHARA market volatility that just occurred and are actively monitoring the situation in real time.”

The team reported no security flaws in its token contracts or products. A follow-up post noted that team and investor wallets showed no on-chain sales or transfers.

On-chain monitoring detected a 600 million SAHARA transfer. Sahara AI identified the movement as a pre-scheduled fill of a Chainlink cross-chain bridge contract intended to add liquidity and said an additional 150 million SAHARA transfer is pending.

The sell-off followed a separate market event in the AI-crypto sector, when the Humanity Protocol’s H token plunged after an exploit. Sahara AI maintained its price drop was not linked to any security breach.

SAHARA was launched in June 2025 and received a Binance listing. The token spiked after its debut before giving back most initial gains. Sahara AI previously raised $43 million in a 2024 Series A round led by Binance Labs, Pantera Capital and Polychain Capital.

The internal review is ongoing. The project has not provided a timeline for the investigation or announced any remediation steps, and holders are awaiting the findings.