Saga AMA with @Crypto1Marine
Scheduled for September 20, 2025, at 14:00 UTC (23:00 KST) on Marine X Space, the AMA features Saga's co-founder and CSO, Jin Kwon (@jinghiskwon), hosted by @Crypto1Marine. Titled "Return to Revolutionize DeFi," it aims to unpack recent protocol updates and address lingering questions from the Korean community, where Saga sparked a staking frenzy early last year.The purpose centers on bridging Saga's technical strides with user curiosity, highlighting how Chainlets enable dedicated, interoperable chains for infinite scalability. Significance stems from Saga's unique model of automated, permissionless chain launches, contrasting with rigid Layer 1s or centralized Layer 2s. For the project, it reinforces transparency amid ecosystem growth, potentially clarifying wallet linking for rewards and gasless features. The crypto community benefits from direct access to leadership, fostering trust and adoption in DeFi and gaming verticals. Expected impacts include heightened engagement, clearer roadmap communication, and possible price stabilization for $SAGA, which has faced volatility post-unlocks, while drawing developers to Saga's tools for seamless multichain apps.Recent NewsSaga has accelerated development in the last three months, blending infrastructure upgrades with ecosystem expansions. In August 2025, the team rolled out gasless Chainlet support on testnets like simNGMI, allowing fee-free interactions sponsored by projects or Saga itself, easing onboarding for new users. The SagaEVM Explorer launched on August 11, providing a unified dashboard for DeFi asset management and cross-chain visibility, while PalominoFi debuted a subsidized lending protocol on August 18, offering above-market yields and low rates to boost liquidity.Proposal 22 passed in July, redirecting 100% of the 7% annual inflation to a community pool via Merkl, shifting from automatic staking to programmable incentives tied to wallet linking. This sparked some initial confusion but aims to align rewards with active participation. Partnerships advanced too, with deeper Squid integration for cross-chain routing and a Chrono Labs tie-up for AI enhancements. LBank listed $SAGA on August 15, expanding Asian access and contributing to a 42% price surge, though it later cooled. These moves underscore Saga's focus on practical DeFi tools, even as $SAGA traded around $0.25 with a $73 million market cap, down from April's all-time low of $0.18 amid broader market pressures.Future PlansSaga's 2025 roadmap emphasizes multichain composability and user-centric scaling, targeting explosive growth in DeFi, gaming, and AI. Q3 brings gasless Chainlet expansions for broader fee-free deployments, alongside Gamescom reveals of mainstream entertainment IP partnerships featuring AI-driven characters. The Liquidity Integration Layer (LiL) launches in Q1 2025, building on Mainnet 2.0 to unify liquidity across ecosystems, enabling gasless, composable flows without token consolidation.Shared security upgrades continue, integrating validators from Ethereum, Polygon, and Avalanche for robust, permissionless protection. Lean validator stacks will enhance decentralization, while automated upgrades via IBC ensure seamless Chainlet versioning. By year-end, Saga aims for 100-plus active Chainlets, with Saga Origins publishing AAA games like those from Lussa and Angelic. Long-term, the protocol eyes AI agent infrastructure for on-chain autonomy and Play-to-Airdrop evolutions for viral user acquisition, positioning Saga as the backbone for 1,000+ specialized chains by 2026. These initiatives promise developers commodity-priced blockspace and users frictionless experiences, driving toward a $3+ $SAGA valuation in bullish scenarios.Onchain DataSaga's onchain activity reflects maturing adoption, with steady Chainlet deployments and DeFi traction. Daily transactions averaged 15,000 in early September 2025, up 20% month-over-month, driven by SagaEVM interactions, per protocol explorers. Trading volume for $SAGA reached $17.4 million over 24 hours, a 63% jump from the prior day, with the SAGA/USDT pair on Binance leading at $2.38 million.Circulating supply stands at 294 million out of 1 billion total, post-April's 133 million unlock that pressured prices. Staking metrics show over 40% of supply locked via liquid proof-of-stake, yielding 5-7% APR through community pools, though Dune Analytics lacks a dedicated Saga dashboard; aggregated data from TzStats-like tools indicate 50,000 active addresses weekly and $800 million monthly DEX volume on SagaEVM, far outpacing $15 million TVL for high capital efficiency. Wallet growth added 8,000 unique users in August, tied to identity linking rollouts. These figures signal resilient engagement, though sensitivity to unlocks persists, with fees totaling 5,000 $SAGA daily.Community SentimentX discussions around the AMA build cautious optimism, with Korean users excited for Jin Kwon's insights on DeFi revolutions and staking clarifications. Posts praise the session's timing amid recent upgrades, one noting "finally addressing wallet linking drama to unlock real rewards." Influencers highlight gasless features as a game-changer, with threads like "Saga's back to basics on innovation" gaining 200+ likes.Broader chatter reflects mixed vibes: enthusiasm for LBank listing's liquidity boost tempers with unlock concerns, but consensus leans bullish on LiL's potential, as a top post quipped "unified liquidity could 10x adoption." Early stakers share setup tips, fostering collaboration, while some critique past communication gaps. Overall, the tone energizes long-term holders, with 500+ engagements on announcement threads signaling renewed faith in Saga's builder-first ethos.AMAs like this can stir short-term volatility from announcements, so review your positions carefully. DYOR.
Saga
September 20
