On June 9th, the SAHARA Token of the Sahara AI project unexpectedly lost nearly 60% of its value in a short period. This sudden plunge raised many questions within the investment community about the true reasons behind the sharp selling pressure, and sparked a series of speculations related to security, liquidation , and the upcoming Token Lockup schedule.
Sahara AI is one of the blockchain-based artificial intelligence projects that has received significant attention during the boom in the decentralized AI field. The project has previously received Capital from Binance Labs in several investment rounds, attracting a large number of investors interested in the trend of combining AI and Web3.
Immediately after the SAHARA price plummeted, the development team issued an official statement to reassure the community. According to the project, internal checks revealed no signs of platform attacks, smart contract vulnerabilities, or breaches in the technical infrastructure. Sahara AI stated that all of its products, services, and ecosystem remained stable throughout the period of significant market volatility.
One of the most frequently mentioned theories concerns a large-scale Token Lockup unlocking schedule expected to take place at the end of June 2026. According to the Token allocation plan, over 1 billion SAHARA tokens will be put into circulation in this round, equivalent to approximately 10% of the project's total supply. The majority of the unlocked Token will belong to the development team, early Capital investors, and funds for ecosystem expansion.
While there is no evidence to suggest that the recent price drop directly stemmed from the Token Lockup unlock event, analysts believe that concerns about future supply pressure may have driven profit-taking. In fact, the cryptocurrency market has repeatedly seen sharp corrections before major unlock events, especially when the amount of Token released represents a significant proportion of the circulating supply.
Following allegations circulating on social media, Sahara AI has released further information regarding on-chain funds. The project affirms that all Token allocated to the development team and strategic investors remain in the previously disclosed wallets. According to Sahara AI, there is no indication that the wallets involved have sold or transferred large amounts of Token to exchanges.
Additionally, the development team explained the recent 600 million SAHARA transfer that has attracted community attention. According to the project, this was not a sell-off but part of a plan to deploy liquidation for the cross-chain bridge system using Chainlink CCIP technology. This transaction was pre-scheduled and serves the goal of expanding asset mobility between different blockchains.
