EVA (EVA Protocol) rose 35.30% in the last 24 hours.

Gate News Bot news, on October 27, according to CoinMarketCap data, EVAA (EVAA Protocol) is currently priced at $12.54, having risen 35.30% in the last 24 hours, with a high of $12.86 and a low of $3.07. The current market capitalization is approximately $83 million, an increase of $21.7 million compared to yesterday, and it is currently ranked 381st.

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 yields, payments, and loans. The protocol supports native TON assets and wrapped assets, providing a seamless user experience through a Telegram mini program. EVAA also supports the TON Space non-custodial wallet and has launched the EVAA card, combining yield and payment functionalities.

Important news about EVA recently:

1️⃣ High-yield financial products continue to attract investors Gate's EVA A 7-day fixed-term financial product offers an annualized yield of up to 200%, with a total quota of 390,000 EVA. This product is available for subscription starting from October 10 and will continue until November 10. Such an attractive yield continues to draw the attention of numerous investors, making it one of the main factors driving the continuous rise in EVA's price.

2️⃣ Market liquidity has significantly risen The launch of high-yield financial products has effectively increased the market liquidity of EVA. As investors actively participate in regular wealth management, it has brought more trading volume and market activity, further driving the rise in prices. This positive feedback effect may be an important driver of the recent sustained rise of EVA.

3️⃣ Technological innovation widely 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 characteristics. In particular, its support for programmable protocol layer tokens and PayFi features, including timed releases, compliance control, and identity-based cross-border transaction geofencing, continues to attract more attention from investors and developers, driving the continuous rise in the project's value.

From a technical perspective, the price of EVA has recently continued to break new highs, showing strong upward momentum. However, such a rapid rise may also bring about the risk of a pullback, and investors need to closely monitor market trends and potential profit-taking pressure.

This message does not constitute investment advice, and investors should be aware of market volatility risks.