EVAA (EVAA Protocol) rose 27.54% in the last 24 hours.

Gate News Bot message, on October 21, according to CoinMarketCap data, EVAA (EVAA Protocol) is currently reported at $4.13, with a pump of 27.54% in the last 24 hours, reaching a high of $5.32 and a low of $1.93. The current market capitalization is approximately $27.3 million, an increase of $5.9 million compared to yesterday. Currently, EVAA ranks 728th in global Crypto Assets market capitalization.

EVAA is the first decentralized lending protocol on the TON blockchain. As a leading DeFi super layer on Telegram, EVAA simplifies the processes of earning yield, payments, and loans. The protocol supports native TON assets and wrapped assets, providing a seamless user experience through Telegram mini-apps. EVAA also integrates the TON Space non-custodial wallet, allowing users to manage their assets directly within Telegram. Furthermore, the EVAA card connects earnings and payments, enabling users to make daily purchases while earning yield.

Important news about EVA recently:

1️⃣ High-yield financial products drive demand Gate's Yubi Treasure has launched the EVAA 7-day fixed-term financial product, with an annualized yield of up to 200%. The total quota for this product is 390,000 EVAA, and the subscription period is from October 10th, 12:00 to November 10th, 12:00 (UTC+8). Such an attractive yield has drawn the attention of a large number of investors, becoming one of the main factors driving the significant rise in EVAA prices.

2️⃣ Liquidity Significantly Increased The launch of high-yield financial products has effectively increased the market liquidity of EVA. As investors actively participate in regular financial management, it has brought more trading volume and market activity, further driving the price rise trend.

3️⃣ Project technical features recognized by the market EVA, as a blockchain project that combines identity layer and privacy protection, is gaining widespread recognition in the market for its unique technical features. In particular, its support for programmable protocol layer tokens and PayFi functions, including timed releases, compliance controls, and identity-based geo-fencing for cross-border transactions, has attracted the attention of more investors and developers, driving up the project's value.

From a technical perspective, the price of EVA has shown a significant rise in the short term, breaking through multiple resistance levels. However, such a rapid increase may also bring about a risk of correction, and investors need to closely monitor market trends and potential profit-taking pressure.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.