EVAA (EVAA Protocol) up 17.41% in 24 hours

Gate News Bot reports that as of December 4, according to CoinMarketCap data, EVAA (EVAA Protocol) is currently trading at $1.04, up 17.41% in the past 24 hours, reaching a high of $1.16 and a low of $0.81. The current market cap is approximately $6.87 million, an increase of $1.02 million from yesterday, ranking 1206th.

EVAA is the first decentralized lending protocol on the TON blockchain. As a leading DeFi super layer on Telegram, EVAA simplifies the process of earning yield, payments, and borrowing. The protocol supports both native and wrapped TON assets and integrates with Telegram Mini Apps to provide users with a seamless experience. EVAA also supports the TON Space non-custodial wallet and has launched the EVAA Card, which combines yield generation with payments.

Recent key updates on EVAA:

1️⃣ Successfully Completed $2.5 Million Private Fundraising EVAA Protocol recently completed a $2.5 million private token sale, demonstrating investor confidence in the project. This round of funding will provide EVAA with additional capital to further develop and expand the DeFi ecosystem on the TON blockchain.

2️⃣ Pioneer in TON Ecosystem DeFi Sector As the first decentralized lending protocol on the TON blockchain, EVAA is bringing convenient DeFi services to the Telegram user base. Its deep integration with Telegram Mini Apps allows users to easily earn yield, make payments, and take out loans. This innovative user experience is expected to attract more users to participate.

3️⃣ Launch of EVAA Card, Bridging DeFi and Real-World Payments The newly launched EVAA Card combines DeFi yields with everyday payments, offering users a new way to utilize their assets. This innovative product has the potential to attract more traditional users into the cryptocurrency space, thereby expanding EVAA’s user base and market influence.

From a technical perspective, EVAA’s price has seen a significant increase over the past 24 hours, possibly related to these positive project developments. However, given the high volatility of the cryptocurrency market, investors should still carefully assess the risks.

This information does not constitute investment advice. Please be aware of market volatility risks when investing.