EVAA Protocol Soars 84%, Token Unlock Window Analysis
Key Points
The EVAA protocol token soared 84.09% to $8.72 in 24 hours, far exceeding the 30% increase mentioned in the title, and the 7-day increase was as high as 271.91% .
Price Performance Analysis
Increase details
| Timeframe | Increase | Price range | Driving factors |
|---|---|---|---|
| 24 hours | +84.09% | $4.44 - $8.93 | Bybit goes online, technical breakthrough |
| 7 days | +271.91% | $2.36 - $8.72 | DAO transfer and TVL recovery |
| 30 days | Bounce back from ATL | $1.46 - $8.72 | Improved market awareness of TGE |
Technical breakthrough
EVAA broke through the key resistance level of $6.00-$7.00, and the RSI rebounded from the oversold territory of 30 to the current level of 62.4, indicating a healthy momentum shift.
Token unlocking window details
Unlock Schedule
The total supply of EVAA is 50 million, with only 6.62 million (13.23%) currently in circulation. The unlocking schedule is as follows:
| Unlocking stage | time | Unlock ratio | Unlock quantity | Object |
|---|---|---|---|---|
| TGE | October 3, 2025 | 1.71% | 855,000 pieces | Community/KOL/Fund |
| First monthly unlock | January 2026 | 0.79% | 395,000 pieces | Gradual release |
| Team Unlock | July 2026 | - | - | 9-month lock-up period expires |
| Investor Unlock | April 2026 | - | - | 6-month lock-up period expires |
Unlocking Impact Assessment
- Limited short-term pressure : 82.6% of tokens are still locked until 2026, with no significant unlocking pressure in the near future
- Deflation mechanism : 80% of the protocol revenue (annualized $3 million+) is used for buyback and destruction to offset the unlocking dilution
- Holding incentives : Platforms such as Gate.io offer up to 107% APY on staking to encourage long-term holding
Market drivers
Exchange listing effect
EVAA achieved key exchange listings in October:
- Gate.io (October 3): Spot and 20x leveraged perpetual contracts
- MEXC (October 3): Spot and USDT-M futures
- Bybit (October 17): USDT perpetual contracts, multi-asset margin
These listings pushed 24-hour trading volume to $93.06M, a 56.85% increase from the previous day.
DAO Governance Transfer
The DAO governance transition completed on October 16th was a key catalyst, with $EVAA holders now able to vote on:
- Risk parameter adjustment
- Rate Setting
- Treasury fund allocation ($3 million + annual income)
- Protocol Upgrade Roadmap
TVL Growth
The protocol’s locked value (TVL) rebounded from a low of $14.2M on October 11 to the current $19.94M, a 40% increase, ranking first in the TON ecosystem, surpassing Affluent’s $7.11M.
Community sentiment analysis
Positive emotions dominate
The Chinese and English communities are generally bullish, with key perspectives including:
- Fundamentals Improve : TON Foundation Recognized as Leading DeFi Protocol
- Technical advantage : native integration with Telegram, serving over 900 million users
- Reasonable valuation : There is still room for growth compared to similar projects
- Audit guarantee : Audited by Trail of Bits, Quantstamp and other institutions
KOL Opinion
Key opinion leaders focus on:
- The current price is a good buying opportunity
- The potential for the first billion-dollar DeFi project in the TON ecosystem
- Compared with hype projects, EVAA has actual utility value
Technical Analysis
Key price
| type | Price | strength | in accordance with |
|---|---|---|---|
| resistance level | $9.50 | medium | 1-day ATR stretch target |
| resistance level | $10.20 | powerful | Psychological threshold/1.5 times ATR projection |
| Support level | $6.95 | powerful | 4-hour Bollinger Band upper track (breakthrough pivot) |
| Support level | $6.74 | medium | 1-hour EMA12 dynamic callback target |
Trading Advice
Considering that the short-term RSI (85.9) is overbought but the daily trend is intact, we recommend:
- Aggressive strategy : Open a position in the $8.50-$8.70 range, target $10.20, stop loss $6.95
- Conservative strategy : Wait for a pullback to the $6.74-$7.00 range, which offers a better risk-reward ratio.
Risk Warning
- High concentration risk : The top 10 holders control 99.42% of the supply, posing a sell-off risk.
- High volatility : Daily ATR reaches 1.51, with an expected intraday volatility of 5-10%.
- Leverage risk : High open interest ($81.3M) could amplify declines
- Liquidity risk : The DEX transaction volume on the TON chain is low and mainly relies on CEX liquidity.
in conclusion
The EVAA protocol's 84% single-day gain reflects market recognition of Telegram's native DeFi innovation. The DAO governance transfer and listing on major exchanges provided strong price support. With the unlock window not expected to begin until 2026, short-term supply pressure is limited. Technicals suggest a healthy oversold rebound. If support at $6.95 holds, it could challenge resistance at $10.20. We recommend monitoring the stability of the TVL above $20 million and the rollout of new features such as non-collateralized loans.