Crypto:
36638
Bitcoin:
$91.395
% 1.87
BTC Dominance:
%58.7
% 0.02
Market Cap:
$3.13 T
% 1.20
Fear & Greed:
28 / 100
Bitcoin:
$ 91.395
BTC Dominance:
% 58.7
Market Cap:
$3.13 T

Why Is EVAA Protocol (EVAA) Surging?

EVAA Protocol has seen a remarkable 77.9% increase in the past 24 hours and a 253% surge over the last week. This strong upward momentum is closely tied to major exchange listings, the Token Generation Event (TGE), and growing DeFi activity within the Telegram ecosystem. Here’s an in-depth look at the key drivers behind this rise.

Exchange Listings Drive Liquidity and Market Confidence

Between October 3 and 6, 2025, EVAA went live on several major trading platforms — including Binance Alpha, Binance Futures (offering 50x leverage), Gate (perpetuals), and WEEX (spot). These listings fueled a 56% spike in 24-hour trading volume, pushing it to $101 million and attracting significant attention from both retail and institutional investors.

Listings on top-tier exchanges typically enhance visibility, accessibility, and market credibility. The introduction of high-leverage futures on Binance also magnified volatility, drawing short-term traders seeking quick gains. Moreover, EVAA’s relatively low circulating supply of 6.6 million tokens intensified the price rally.

Analysts suggest that sustained momentum will depend on whether daily trading volume remains above $50 million — a potential indicator of ongoing investor confidence.

EVAA 24h rise

TGE Launch and Tokenomics Spark Momentum

The Token Generation Event (TGE), held on October 3, introduced new utility features such as governance rights, trading fee discounts, and a buyback program funded by the protocol’s projected annual revenue of over $3 million. Early participants also received limited-edition NFTs, including “Noir” and “Azure” vouchers.

Only 1.71% of the total supply was unlocked initially, easing sell pressure and creating scarcity-driven demand. The buyback mechanism further reinforced token value, while the governance model resonated strongly with the decentralized ethos of Telegram’s DAO-oriented communities.

Telegram Integration and TON Ecosystem Expansion

EVAA Protocol functions as a lending platform on the TON blockchain and is seamlessly integrated into Telegram via the @EvaaAppBot. Since its launch, the protocol has facilitated over $1.4 billion in total transaction volume and onboarded more than 300,000 wallets.

Telegram’s vast user base — exceeding 900 million — provides EVAA with a massive scaling opportunity. However, long-term growth will depend on how effectively the project converts casual Telegram users into active DeFi participants.

The TON Foundation recently spotlighted EVAA as the first DeFi protocol on TON to surpass the $1 billion mark in total transaction volume, underscoring its growing prominence within the ecosystem.

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