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Rise Chain (N/A)

Past
Total Raise: $9,200,000
Date: 15 Sep 2024 - 26 Aug 2025

Rise Chain is an Ethereum L2 that aims to achieve a 100,000 TPS and sub-5-millisecond latency by enabling parallel transaction processing within its network. It introduces PEVM, so-called “EVM on steroids,” which allows the network to execute transactions in parallel while following the key transaction execution rules of EVM to achieve Ethereum compatibility. 

Since its inception in 2024, the project has raised $7.2M from private investors, including Galaxy, Sandeep Nailwal, Vitalik Buterin, and others. On August 18th, the platform aims to hold an IDO on Capital (Kaito) Launchpad, aiming to raise an additional $2M at the $200M valuation. 

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Rise Chain Overview

Ticker: N/A
Country: Australia
Founded: 2024
Whitelist: No
Blockchain Network: Ethereum
KYC: Yes
Bounty: Yes
MVP: Yes
Type: IDO, Equity
Security Audit: No

Rise Chain Review

Rise Chain is an Ethereum L2 built by Rise Labs to introduce a secure and fast solution for scaling Ethereum L1. It aims to reach over 100,000 TPS with sub-5-millisecond latency by introducing multiple changes in the transaction execution to make them process faster while maintaining an Ethereum-level of security. 

One of the key changes implemented by Rise Labs was PEVM, a pioneering smart contract execution engine that allows Rise Chain to execute transactions in a parallel manner.  This design is already utilized in multiple prominent L1 chains, such as Solana or Sui, as well as some Ethereum L2s, including Monad or Movement chains. 

This allows the Rise blockchain to reduce base transaction processing time and offer lower fees. At the same time, PEVM remains compatible with most of Ethereum dApps and wallets, by following the same rules of transaction execution as EVMs and integrating Reth. This enables developers to seamlessly integrate Rise L2 into their applications. 

What’s more, to even further boost the network’s capacity, it allows nodes to start pre-executing transactions while they’re still in the mempool and utilize continuous batches (CBP) instead of blocks. This avoids merkleization steps and delivers near real-time state updates.

🪙 Rise Chain token: As of August 2025, there’s limited info regarding the Rise Chain token. However, the team has already confirmed the launch of the coin in the future, as it announced IDO on Capital Launchpad. We assume its main utility will be governance and powering the decentralized sequencer of the network, similarly to other L2s. 

 

There’s also an active Rise testnet, which may potentially qualify participants for the Rise Chain airdrop. Considering all these events, the CoinLaunch team conducted a comprehensive research on the Rise crypto project and discovered some of its pros and cons:

✅ Rise chain pros:

  • Decent concept and design of the project;
  • High PR and Growth Marketing scores;
  • IDO on Capital (Kaito) Launchpad;
  • Above the average SMM performance;
  • Good network of backers.
     

❌ Rise chain cons:

  • The chain has a lot of daily transactions made in the testnet, suggesting high competition if you are willing to join the Rise airdrop via testnet;
  • No token unlocks and distribution presented yet;
  • No security audits yet;
  • Below the average SEO, Influencer Marketing, and Marketing Infrastructure scores;
  • The ecosystem is diverse but lacks top-tier partnerships;
  • The core team members don’t have work experience in the top-tier companies

Rise Chain Token Economy

Total Raise: $9,200,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

Rise Chain Token Sale (ICO & IDO) Rounds

Seed: Sep 2024
Past

Price: N/A
Tokens for sale: N/A
Raise: $3,200,000
Lock-Up: N/A
Funds:
MH Ventures Logo Sandeep Stani Kulechov logo +8
Strategic: Jun 2025
Past

Price: N/A
Tokens for sale: N/A
Raise: $4,000,000
Lock-Up: N/A
Funds:
galaxy digital ventures
IDO: Aug 2025
Past

Price: N/A
Tokens for sale: N/A
Raise: $2,000,000
Lock-Up: 50% at TGE + 50% 6 months after TGE (Fixed)

Rise Chain Funds and Backers
(3/12)

Submit
MH Ventures Logo
MH Ventures
Score: Low
28 numbers of
investment
Read More
Sandeep
Sandeep Nailwal
Score: Medium
24 numbers of
investment
Read More
galaxy digital ventures
Galaxy Digital (Ventures)
Score: Very High
15 numbers of
investment
Read More
View All

Rise Chain Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  18 Aug 2025 Upgrade

Social Media Activity

Followers 46.05K
695

Top Twitter (X) Followers

Avatar
Josh Ong beijingdou
3,432
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Artchick (ETH/acc) 🦇🔊️‍🔥 digitalartchick
3,206
Avatar
sassal.eth/acc 🦇🔊 sassal0x
2,919
Avatar
David Hoffman TrustlessState
2,916
Avatar
Mario Nawfal MarioNawfal
2,815
Avatar
VonDoom ☕️ CryptoVonDoom
2,786
Avatar
wave 0xWave
2,521
Avatar
DeFi Dad ⟠ defidad.eth DeFi_Dad
2,515
Avatar
Captain Zwingli 🍌🎙️ ChrisJourdan
2,511

Rise Chain Team

Sam Battenally
Sam Battenally
CEO, Co-Founder
Sasha Mai Herbert
Sasha Mai Herbert
CGO, Co-Founder
Hai Nguyen
Hai Nguyen
CTO, Co-Founder

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