Sahara AI is a decentralized blockchain platform that enables the creation and monetization of artificial intelligence models, datasets, and applications in a collaborative ecosystem. The project has already raised $43M in Seed and Series A rounds from Polychain Capital, Pantera Capital, YZi Labs (formerly Binance Labs) and other major investors. This report provides a detailed analysis of Sahara AI key metrics based on LayerHub data.
New Wallets on Sahara AI and Wallets by Active Days
The number of new wallets on Sahara AI has surged significantly over the past 90 days, with the most notable peak occurring in early February 2025. This increase coincides with the rise in transaction count and user engagement, likely influenced by launching Season 2.
- Total New Wallets: The cumulative number of wallets has surpassed 2.17 million, showing strong adoption.
A significant portion of wallets showed low activity days, highlighting the challenge of retaining user engagement. More than half of them have been active for less than 10 days, and to get to the top you need to be active for at least 20 days.
Wallets by Number of Transactions and Interacted Contracts
The transaction volume on Sahara AI has shown exponential growth, with daily transactions peaking at over 1.7 million in February 2025. This increase is aligned with the spike in new wallets, reflecting heightened user engagement.
Total Transactions: The cumulative transaction volume exceeded 33 million.
Daily active wallets have shown a sharp increase, peaking at over 1 million before experiencing a slight decline. This trend suggests a high rate of initial exploration, followed by a normalization as users find their usage cadence.
Peak Activity: Daily active wallets exceeded 1.2 million in mid-February.
The majority of wallets have fewer than 20 transactions, highlighting a long-tail effect where a small subset of users accounts for most of the transaction volume. Also, more than half of the wallets interacted with less than 20 contracts. Total that to get into the top 10% you need to make more than 30 transactions and interact with at least 20 contracts.
Comparison of Top 10% Requirements on Sahara AI
Since our last overview, the requirements to reach the top 10% on Sahara AI have become significantly more demanding:
Number of transactions has increased more than fourfold, from 7 transactions to 30 or more. This indicates a surge in user activity and a higher volume of operations on the platform.
Active days have risen from 6 to 20 days, showing that users now need to engage with the platform much more frequently to maintain a top position.
Interacting with contracts has become a new requirement, with a minimum of 20 contracts. This reflects the growing diversity in ecosystem usage.
$SAH balance has increased from 1.5 to 4 $SAH, highlighting a substantial rise in the amount of assets held by top users.
Number of Shards has increased from 150 to 200, highlighting a growing demand and intensified competition among top users.
Metric Trends and Impact of Season 2
These changes indicate that activity metrics peaked shortly after the launch of Season 2, which attracted a large influx of new users and boosted engagement among existing ones. Since then, there has been a downward trend, the exit of less active participants, and a normalization of activity levels following the initial hype.
The increased requirements confirm that competition for a spot in the top 10% is intensifying, and users need to put in more effort to maintain their ranks.
Conclusion
Based on the above metrics, to get into the top 10% you need:
Have 30 transactions or more.
Be active for 20 days or more.
Interact with at least 20 contracts.
Have a balance of 4 $SAH or more.
Have more than 200 Shards.
Since Sahara AI's listing on LayerHub, the requirements to get into the top 10% have tightened up considerably. But the excitement and interest of users is gradually decreasing. Keep track of your progress and the movement of Sahara AI's key metrics with LayerHub and Wallet Checker to stay on top!