 The victory forced Cornwallis to temporarily abandon his invasion of North Carolina.In the 20th century, various entities began to acknowledge the importance of Sycamore Shoals in the history of Tennessee and the Trans-Appalachian frontier.In 1909, the Daughters of the American Revolution placed an obelisk, constructed from local river rock and set on a concrete base, at the intersection of West G Street and Monument Place in Elizabethton, one half-mile from the mouth of Gap Creek at Watauga River, where Tennessee historian J. G. M. Ramsey recorded within his "Annals of Tennessee" as where Fort Watauga had once stood.