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TITLE: EVAA Protocol price jumps 177% to $2.83, market cap hits $50.5 M
META: EVAA token surges 177% in 24 hrs to $2.83, lifting market cap above $50 M and driving 24‑hour volume past $70 M. See the full price action and token metrics.
EVAA Protocol ($EVAA) surged 177.52% in the last 24 hours to $2.83, pushing its market capitalization to $50.5 million and lifting its CoinMarketCap rank to #374【1】. The move coincided with a sharp rise in trading activity, with 24‑hour volume climbing to $70.28 million【1】, a level that signals heightened market interest.
| At a glance | |
|---|---|
| Price | $2.83 |
| 24‑h change | +177.52% |
| Market cap | $50,500,690 |
| 24‑h volume | $70,281,753 |
| Catalyst | Volume spike (see body) |
The price breakout aligns with a surge in on‑chain and exchange trading volume. CoinGecko reports a 1,605.40% jump in 24‑hour volume to $53.13 million, indicating a dramatic increase in market participation from the previous day【3】. Such volume spikes often precede rapid price appreciation in low‑liquidity tokens, suggesting that the recent buying pressure is a primary driver of the 177% gain.
EVAA’s circulating supply stands at 17,854,338 tokens, with a hard cap of 50 million, meaning roughly 36% of the total supply is already in the market【1】. The token’s release schedule is deliberately front‑loaded: only 1.71% of the initial allocation unlocked at the Token Generation Event, limiting immediate sell pressure【1】. This controlled emission, combined with a recent influx of capital, helps explain the current price momentum.
Different data aggregators show varying market‑cap figures: CoinMarketCap lists $50.5 million, while CoinGecko reports $18.94 million【3】. The discrepancy stems from differing methodologies for calculating circulating supply and price averages across exchanges. Both sources agree on the recent price level and the substantial volume surge, underscoring the robustness of the price move despite the valuation gap.
The surge places EVAA among the fastest‑gaining DeFi tokens this week, but the wide gap between market‑cap estimates and the reliance on volume‑driven momentum leave open questions about the durability of the rally. Monitoring supply releases and volume patterns will be key to gauging whether the price can hold above the $3.00 threshold.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 3 outlets · Jul 8, 2026 · How we report
EVAA enables borrowing, lending, shorting, leveraged staking, longing, and hedging on the TON blockchain, with user access through Telegram and a web app.
The mainnet launched in early 2024, and the protocol reports a total value locked of $50 million.
Investors include Polymorphic Capital, TON Ventures, and Animoca Ventures, among others.
$EVAA is a deflationary utility token with a maximum supply of 50 million, with allocations for airdrops, DAO treasury, founders, and seed investors.
Users can access EVAA via the Telegram Mini App @EvaaAppBot, its web application, and integrated wallets such as TON Keeper, OKX, and Binance.