$SAGA
SAGA Protocol: February 2026 Snapshot
Security Incident: The SagaEVM chainlet remains paused following a $7 million smart contract exploit on January 21, 2026.
Recovery Efforts: The team is currently conducting a technical post-mortem and forensic analysis to implement new security safeguards.
Network Status: While the EVM chainlet is down, the core Saga Mainnet (SSC) and its validator set were not compromised and remain operational.
Market Price: SAGA is currently trading around $0.034, reflecting a significant 30-day decline due to the exploit and trust deficit.
2026 Roadmap: Priorities for this year include the SagaEVM relaunch and rolling out shared security to all chainlets.
Tokenomics Shift: Long-term value hinges on the Proposal 22 overhaul, which moved rewards toward a programmable community pool for app-layer growth.
Market Sentiment: Current sentiment is a "fragile recovery" as investors wait for a successful restart of the ecosystem to rebuild liquidity.
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