EOS Soars Over 12%, Driven by Vaulta Rebrand—Will it Break $0.70?

The EOS cryptocurrency has experienced a significant surge, climbing over 12% in the last 24 hours, marking a major shift from its long-term decline. This jump comes as a result of renewed speculation surrounding the project’s rebranding efforts under the Vaulta name and the implementation of a new network. Analysts attribute this momentum to potential investor optimism fueled by these developments. EOS has been struggling for years to find traction, trading far below its all-time high. However, with its recent rebrand and network migration, EOS is gaining renewed attention in the cryptocurrency market. The surge in price, however, is also driven by increased activity on platforms like Coinbase and Kraken, suggesting that even small positive factors can significantly impact the asset’s price.