Latest Everscale (EVER) News Update

Deep Dive

1. CoinMarketCap: Conference-driven rally fuels bullish bets

"Everscale (EVER) rose 42.6% in 24 hours [...] following the Everpoint 2025 conference in Tashkent, Uzbekistan. The event highlighted technological advancements, governance reforms, and new business partnerships."
– CoinMarketCap (29 June 2025 01:12 PM UTC+0)
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What this means: This is bullish for EVER because high-profile conferences often act as catalysts for short-term price momentum and long-term partnership traction.

2. Crypto.news: Ecosystem upgrades signal growth focus

"Chums team upgraded .ever wallet tags into a comprehensive Web3 domain layer, further boosting ecosystem development."
– Crypto.news (29 June 2025 01:12 PM UTC+0)
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What this means: This is bullish for EVER because infrastructure improvements like Web3 domain integration could enhance user adoption and network utility.

3. Crypto.news: Altcoin rotation narrative gains steam

"Traders are seeking momentum and community-driven projects amid stagnation in major cryptocurrencies."
– Crypto.news (29 June 2025 01:12 PM UTC+0)
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What this means: This is mixed for EVER—while it benefits from altcoin rotation, reliance on speculative flows raises volatility risks if broader market sentiment shifts.

Conclusion

The consensus on Everscale is bullish, driven by event-led momentum and infrastructure upgrades, but sustainability depends on post-conference partnership execution. Watch for follow-through announcements from the Everpoint 2025 collaborations and trading volume stability above $1.1M daily.

Deep Dive

1. Everpoint 2025 Conference Boost (29 June 2025)

Overview:
Everscale’s price jumped 42.6% in 24 hours following its Everpoint 2025 conference in Tashkent, Uzbekistan. The event spotlighted protocol upgrades, governance reforms, and partnerships, including the Chums team’s expansion of .ever wallet tags into a full Web3 domain layer.

What this means:
This is bullish for EVER as the conference validated progress in core infrastructure and ecosystem growth. The .ever domain upgrade could enhance user experience and adoption by simplifying wallet interactions. However, the rally’s sustainability depends on timely execution of announced initiatives, given the token’s -9.76% 90-day return prior to the event. (Crypto.News)

Conclusion

Everscale’s recent surge hinges on demonstrated ecosystem progress, but its longer-term trajectory now faces a credibility test – can its team convert conference pledges into measurable adoption? Watch for follow-through on partnerships and wallet upgrades in Q3 2025 filings.

Deep Dive

1. SMFT Consensus Testing (February 2023)

Overview:
Everscale’s Soft Majority Fault Tolerance (SMFT) protocol aims to improve blockchain security by tolerating up to 50% malicious nodes, surpassing traditional BFT consensus (33% tolerance).

The network underwent testing with 20 servers under small loads, though intermittent stability issues were observed. Arbitration mechanisms and public test deployments were prioritized post-testing.

What this means:
This is bullish for Everscale because higher fault tolerance strengthens network resilience against attacks, appealing to enterprises and DeFi projects. However, unresolved instability during testing could delay adoption.
(Source)

2. REMP Protocol Integration (February 2023)

Overview:
The Reliable External Message Protocol (REMP) enables sub-second transaction finality, rivaling traditional database speeds.

Testing achieved 500 transactions per second (tps) after merging with the RFLD network. Plans included integrating REMP with the temp_rc framework and stress-testing under high loads.

What this means:
This is neutral for Everscale because faster finality could attract dApps requiring real-time interactions (e.g., gaming), but incomplete public testing leaves scalability unproven.
(Source)

3. Node Gas Fee Reduction (February 2023)

Overview:
Node updates (block version 35) optimized data storage and reduced gas fees for developers interacting with smart contracts.

Short-term goals included refining bounce message handling and clearing legacy code from rebranding efforts.

What this means:
This is bullish for Everscale because lower fees incentivize developer activity, but delayed deployment risks ceding momentum to competitors.
(Source)

Conclusion

Everscale’s 2023 updates focused on foundational upgrades—boosting security (SMFT), speed (REMP), and affordability (node optimizations). While these improvements position it for enterprise use cases, recent ecosystem developments (e.g., Everpoint 2025 conference) suggest a shift toward adoption over core protocol work. How might Everscale balance technical debt with market expansion in 2025?