Sahara AI’s SAHARA token tumbles 56% to record low

Sahara AI’s SAHARA token fell more than 56% over a 24-hour period, reaching a record low of $0.0129 on Binance on Tuesday. The token traded near $0.0156 after paring some losses. The team opened an internal investigation and reported no security flaws in its token contracts.

In a post on X the project wrote: “We are aware of the unusual $SAHARA market volatility that just occurred and are actively monitoring the situation in real time. There are no security issues on our token contracts or products. Our team has initiated an internal investigation to better understand the drivers…”

Later updates addressed on-chain transfers that some traders flagged. Sahara AI reported team and investor wallets remained unchanged on-chain and that no tokens were sold or moved from those addresses. The company confirmed a 600 million SAHARA transfer was a pre-scheduled fill of its Chainlink cross-chain bridge contract to add liquidity and said a further 150 million SAHARA was pending.

SAHARA launched in June 2025 and secured a Binance listing. The token surged at debut but has given back most early gains. Sahara AI raised $43 million in a 2024 Series A round led by Binance Labs, Pantera Capital and Polychain Capital.

The drop followed a separate large decline in an AI-focused token after an exploit; Sahara AI stated its decline was unrelated to that incident. On-chain observers and traders pointed to unusual order flow and large transfers as potential triggers for the sell-off.

Sahara AI has not released the results of its internal review. Trading data showed SAHARA among the worst-performing cryptocurrencies on Tuesday. Holders and market participants are awaiting further detail from the company as the investigation continues.