In a recent announcement, Evernode (EVR), a global, permissionless “layer 2” smart contract platform, celebrated its first Centralized Exchange (CEX) listing on Bitrue. The long-awaited launch of Evernode on the XRP Ledger as a Layer 2 has garnered immense attention, with enthusiasts eagerly anticipating the implications of this development.

Evernode (EVR) to Finally go Live

Evernode took to the X platform to share the update, expressing gratitude to Bitrue for supporting its native token, EVR. In a post, Evernode revealed that individuals interested in running a Host on the Evernode network could soon purchase their 500 EVR from Bitrue.

Bitrue wasted no time in responding to the enthusiasm, revealing that deposit options for Evernode had opened, with EVR/USDT trading scheduled to commence on January 16, at 4:00 UTC. The withdrawal feature would follow suit, becoming available on January 17, at 10:00 UTC. To sweeten the deal for new users, Bitrue announced a grand prize of 1,000 USDT for those who complete specific tasks, adding an extra layer of excitement to the Evernode listing.

The recent CEX listing on Bitrue marks an important step for Evernode (EVR), as it gains exposure and accessibility to a broader audience of investors and traders. The CEX listing not only validates the project’s credibility but also instills confidence in its potential for growth and adoption.

Investors who have been awaiting the opportunity to trade EVERNODE can now do so on a known exchange, fostering liquidity and market participation. The listing update catalyzes EVERNODE’s journey, opening new avenues for partnerships, collaborations, and community engagement.

Heated L2 Terrain

The integration of Evernode into the XRP Ledger’s Layer 2 landscape has added to the intensity of the competition among Layer 2 solutions. As blockchain projects continually strive to address scalability, speed, and cost challenges, Layer 2 networks have become a focal point for innovation.

The heated L2 terrain is indicative of the crypto industry’s evolution, with projects competing for dominance and users seeking optimal solutions. Evernode’s entry into this competitive arena adds another layer of complexity, as it presents a robust and feature-rich option for users looking to leverage the benefits of the XRP Ledger.

Pioneering L2 innovators to keep up with include Polygon zkEVM, Arbitrum, and zkSync among others.

The post XRP Ledger (XRPL) L2 Evernode (EVR) Scores First CEX Listing appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am