This is the 6065th most frequent Russian word.
сохраняется
"Is preserved" or "remains."
Here, 'сохраняется' is used in the sense of 'being preserved' to describe the retention of memory.
Память о тех событиях сохраняется на страницах истории.
The memory of those events is preserved on the pages of history.
In this sentence, 'сохраняется' means 'persists,' indicating that the tradition continues to exist.
Несмотря на изменения, традиция сохраняется и сегодня.
Despite the changes, the tradition persists even today.
Here, 'сохраняется' describes the action of 'being stored,' referring to the process of saving data.