2024

Jungle

Evernode

<h3 id="summary">Summary:</h3>
<ul>
 <li>Uphold reportedly plans to remove EVR balances, as an alleged customer email cites liquidity constraints and regulatory requirements for the decision.</li>
 <li>Evernode distributed EVR in 2024, yet Uphold customers never gained trading, withdrawal, transfer, or selling access to their tokens.</li>
 <li>Community members argue that Uphold assumed responsibility after supporting the airdrop, but the company has not publicly confirmed.</li>
</ul>
&nbsp; 
Uphold has reportedly informed some <a href="https://36crypto.com/xrps-path-to-bitcoin-hinges-on-adoption-as-market-structure-still-favors-btc/" rel="noopener noreferrer nofollow">XRP holders</a> that it will remove Evernode (EVR) balances credited through the 2024 airdrop, according to an alleged customer email circulating on social media. The reported move has raised concerns because the tokens have remained inaccessible since distribution, while the company has not publicly confirmed the alleged communication. 
According to the <a href="https://x.com/24hrscrypto1/status/2080251446751093154" rel="noopener noreferrer nofollow">email</a>, EVR balances received through the March 2024 Evernode airdrop will be removed from customer accounts on August 5, 2026. The message reminded the customer that they never purchased the tokens and that buying, selling, trading, and withdrawal functionality for EVR was never introduced on the platform. 
Moreover, the alleged email attributes the decision to two factors: that EVR never reached the liquidity threshold required to support trading, and that regulatory requirements no longer allow Uphold to custody the asset on behalf of customers. 
The notice also explains that customers do not need to take any action because the balances will be removed automatically. Consequently, affected users would not receive an opportunity to transfer their EVR to an external wallet before the alleged removal. 
<h2 id="strong-evernode-airdrop-left-evr-locked-on-uphold-strong">Evernode Airdrop Left EVR Locked on Uphold</h2>
The shared email has prompted renewed interest in Uphold’s original support for the Evernode airdrop. According to Uphold’s official X announcement published in August 2023, XRP holders could qualify for the EVR distribution by holding<a href="https://36crypto.com/xrp-futures-open-interest-climbs-on-binance-as-leveraged-traders-return/" rel="noopener noreferrer nofollow"> XRP</a> on the exchange during the designated snapshot period. 
The company explained that eligible customers would receive EVR tokens based on their XRP holdings, subject to a maximum allocation linked to 50,000 XRP. That announcement encouraged users to keep their XRP on Uphold to participate in the airdrop. 
Also Read: <a href="https://36crypto.com/ripple-launches-ripple-mint-for-multichain-rlusd-institutional-access-platforms/" rel="noopener noreferrer nofollow">Ripple Launches Ripple Mint for Multichain RLUSD Institutional Access Platforms</a> 
<div class="embed-x">
 <blockquote class="twitter-tweet">
 Dear <a href="https://x.com/UpholdInc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@UpholdInc</a>, if this timeline is accurate, it raises several serious questions that deserve a clear and transparent explanation. 
 I’m not making accusations… however.. I’m simply laying out the timeline as it appears. Many XRP holders are confused and frustrated by how this… <a href="https://t.co/7VAt4WimF3" rel="noopener noreferrer nofollow">pic.twitter.com/7VAt4WimF3</a> 
 — 𝟸𝟺𝙷𝚁𝚂𝙲𝚁𝚈𝙿𝚃𝙾 (@24hrscrypto1) <a href="https://x.com/24hrscrypto1/status/2080251446751093154?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2026</a> 
 </blockquote>
</div>
Evernode completed the distribution in March 2024, and Uphold credited eligible customers with EVR balances. However, customers never gained the ability to buy, sell, trade, transfer, or withdraw the tokens. Instead, they could only view their balances while the assets remained locked on the platform for more than two years. 
<h2 id="strong-community-questions-reported-removal-strong">Community Questions Reported Removal</h2>
As the email circulates on X, many XRP holders are not frustrated because they kept their XRP on Uphold specifically to qualify for the Evernode airdrop, receiving tokens that they could not withdraw before the potential removal. 
Meanwhile, <a href="https://x.com/jungleincxrp/status/2080327100868014388" rel="noopener noreferrer nofollow">according to crypto analyst Jungle Inc</a>, Uphold voluntarily supported the Evernode airdrop, accepted approximately 3.9 million EVR allocated to customers, and credited those balances to user accounts, arguing that it created a responsibility to provide users with a practical way to access or realize value from the tokens. 
<div class="embed-x">
 <blockquote class="twitter-tweet">
 Uphold was not required to support the Evernode airdrop. But after choosing to support it, accepting almost 3.9 million EVR allocated for its customers, and crediting customer accounts, it assumed a responsibility to provide a reasonable path to possession or value. 
 More than… <a href="https://t.co/e1hsSfQD42" rel="noopener noreferrer nofollow">pic.twitter.com/e1hsSfQD42</a> 
 — Jungle Inc | Markets &amp; Future Systems (@jungleincxrp) <a href="https://x.com/jungleincxrp/status/2080327100868014388?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 23, 2026</a> 
 </blockquote>
</div>
&nbsp; 
<h2 id="strong-uphold-yet-to-issue-official-public-statement-strong">Uphold Yet to Issue Official Public Statement</h2>
As of publication, Uphold has not issued an official public statement confirming the reported email or announcing the removal of EVR balances. Likewise, the company has not publicly identified the specific regulatory requirements referenced in the alleged customer communication or explained why withdrawal functionality was never introduced after the March 2024 airdrop. 
The alleged email has renewed concerns surrounding <a href="https://36crypto.com/robinhood-ceos-x-account-hacked-to-promote-fake-vlad-memecoin-on-layer-2-network/" rel="noopener noreferrer nofollow">Uphold’s</a> handling of the Evernode airdrop. While the email cites liquidity limitations and regulatory obligations, XRP holders are still awaiting an official response addressing the situation and the prolonged restrictions placed on EVR holdings. 
Also Read: <a href="https://36crypto.com/binance-reveals-three-priorities-behind-its-long-term-expansion-strategy-in-india/" rel="noopener noreferrer nofollow">Binance Reveals Three Priorities Behind Its Long-Term Expansion Strategy in India</a> 
The post <a href="https://36crypto.com/alert-uphold-to-remove-evr-balances-from-xrp-holders-account-by-august/" rel="noopener noreferrer nofollow">Alert: Uphold to Remove EVR Balances from XRP Holders’ Account by August?</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Alert: Uphold to Remove EVR Balances from XRP Holders’ Account by August?

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