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5 April 2025 | 4:11 am
EOS, the cryptocurrency behind the EOS Network, has been on a remarkable upward trajectory, gaining over 20% in value while much of the broader crypto market faces downward pressure. This rally has pushed EOS’s market capitalization above $1 billion, reaching its highest level since mid-February 2025.
The price surge comes as the network unveiled the Vaulta Banking Advisory Council, which includes top banking experts and seasoned regulators. This announcement has been a pivotal factor in the token’s recent performance.
EOS reached an intraday high of $0.707 on April 1, marking its third consecutive day of price increases. Trading volume has also seen a massive 87% increase, with $371.6 million exchanged between traders.
The primary catalyst behind EOS’s impressive performance is the upcoming rebranding to Vaulta, expected to go live by the end of May 2025. This strategic shift will focus the project on blockchain-powered banking solutions.
As part of this transition, the EOS token will be rebranded as Vaulta, with a new ticker symbol to be announced later this month. The rebranded token will maintain all of EOS’s core technology, including its integration with exSat, the Bitcoin banking solutions.
A key feature of the upcoming Vaulta token is its attractive staking yield of approximately 17%. This yield will be supported by a reward pool of about 250 million tokens, positioning it well above major cryptocurrencies like Ethereum (2.03%) and Solana (5.14%).
The Vaulta Banking feature, introduced by the EOS Network last month, aims to bridge traditional banking with Web3 technology. With traditional financial institutions like BlackRock expanding their crypto presence, tools like Vaulta could potentially see widespread adoption.
According to the EOS Network,
“To bridge traditional finance and Web3, we’ve brought together seasoned leaders from banking, fintech, and digital assets. Their strategic guidance ensures Vaulta stays compliant, credible, and ready for mass adoption.”
Additionally, the network stated that Vaulta will expand Web3 to portfolio investments, including real estate and commodities, through Real World Asset (RWA) tokenization.
From a technical analysis perspective, EOS has broken out of a descending parallel channel, suggesting a shift from bearish to bullish momentum. The Relative Strength Index (RSI) stands at around 78, indicating strong buying activity, though this high reading suggests the token may soon enter overbought territory.
Despite potential short-term reversals, the Average Directional Index (ADX) is rising, showing increasing strength in the bullish trend. These positive signals suggest room for further upside, with some analysts targeting the $1 mark.
On the daily chart, EOS has moved above the 20-period Exponential Moving Average (EMA), typically a sign of bullish momentum. If this trend continues, the price could reach $0.83 at the 0.618 Fibonacci ratio, with potential to retest the $1 level if buying pressure intensifies.
The cryptocurrency also formed a golden cross on March 25, when the 50-day moving average crossed above the 200-day Simple Moving Average. This pattern remains valid and could support a longer-term upward trajectory.
$Eos #Eos Seems Like Eos Getting Ready For Another Strong Bullish Rally. Testing Multiple Trendlines, Successful Breakout Could Send It Towards 1$. pic.twitter.com/f19g1H0Mjs
— World Of Charts (@WorldOfCharts1) March 30, 2025
The Supertrend indicator has turned bullish, moving below the price and displaying green signals. Furthermore, the Aroon Up indicator is at 100% while the Aroon Down is at 0%, demonstrating clear dominance of buying pressure over selling.
Social media data shows increasing interest in EOS, with social dominance rising to 0.31%. This metric measures the percentage of discussions referencing EOS and indicates growing market attention, which could translate to increased demand if sustained.
Data from the derivatives market provides additional bullish signals. Open interest in EOS futures has surged more than 30%, reaching an 11-month high of $144.14 million. The funding rate has also turned positive, indicating that more traders are betting on price increases in the near term.
While short sellers are present in the market, with funding rate data from Coinglass showing extreme short positioning at one point, many of these positions are being liquidated. Over $3 million in EOS short positions have been closed in the past two days, creating additional buying pressure.
The post EOS Price Prediction & Analysis: Price Pumps Before Upcoming 17% Staking Yield appeared first on CoinCentral.