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View ChartEvernode (EVR) is a pioneering layer-2 smart contract platform built on the XRP Ledger, designed to bring scalable and efficient decentralized applications to the XRP ecosystem.
Key takeaways
Evernode is a decentralized platform that provides a scalable smart contract execution layer on top of the XRP Ledger, leveraging its speed and low-cost transactions.
| Item | Details |
|---|---|
| Name (Ticker) | Evernode (EVR) |
| Alternative Names | - |
| Consensus Mechanism | Node Credit Consensus (on XRPL Hooks layer) |
| Smart Contracts | Supported via XRPL Hooks (Xahau network) |
| Category | Layer 2, Smart Contract Platform |
| Hash Algorithm | SHA-512Half |
| Block Reward | N/A (Fees paid to hosts in EVR) |
| Max Supply | 72,253,440 EVR |
| TPS | Inherits and scales upon XRPL's high throughput |
| Scaling Solution | Layer-2 execution on XRP Ledger |
| Blockchain | XRP Ledger (Layer 1), Evernode (Layer 2) |
Evernode was created by a development team deeply integrated within the XRP Ledger community. The project is spearheaded by Hooks, which is the codename for the native smart contract functionality on the XRPL. The Evernode platform itself is built by developers who proposed and implemented the Hooks amendment (XLS-38d) to the XRPL protocol. This group includes core XRPL developers and researchers focused on expanding the ledger's capabilities beyond simple value transfer. The development is community-driven, with oversight from the XRPL Foundation and validator consensus. The team's primary goal was to create a scalable, efficient layer-2 solution that allows developers to build complex decentralized applications (dApps) on the XRP Ledger without compromising its core benefits of speed and low cost.
Evernode operates as a second-layer network on top of the XRP Ledger. Its functionality is powered by the Hooks feature, which are small, efficient programs that run directly on XRPL accounts. Here's how the system works:
Evernode's value proposition is tightly linked to its integration with the XRP Ledger and its novel technical approach.
The EVR token and the Evernode platform have several core utilities that drive its ecosystem.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for EVR are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Evernode (EVR) is $0.094198. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated EVR to USD rate at the top of BTCC’s price page. In terms of market scope, Evernode records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $3.385857M. Its current circulating supply stands at -- out of a maximum supply cap of 72.25M.
The price volatility of Evernode (EVR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (72.25M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Evernode (EVR) hit an all-time high (ATH) of $0.650094 on 2024-03-20 04:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.034455 on 2024-08-29 23:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading EVR futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s EVRUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Evernode, simply log into your BTCC account with USDT margin available, navigate to the EVRUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for EVRUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.094198), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for EVRUSDT with zero financial risk.
Trading Evernode (EVR) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for EVRUSDT, and review its live price ($0.094198) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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