EOS Price Surges 20%, Targeting $1 Psychological Level

The EOS price has experienced a significant surge, climbing over 20% in the past 24 hours, indicating bullish sentiment. The price is currently hovering around $0.8227 and shows strong potential to break above the key psychological level of $1. This rise follows a period of consolidation, suggesting a return to an uptrend after recent stability. Trading volume on cryptocurrency exchange platform CMC reveals an intraday surge of 20%, further solidifying this upward momentum. Analysts are optimistic about EOS’s future due to factors like the expanding DeFi ecosystem and increasing institutional investments.