EOS Surges 8% Amid Vaulta Rebrand adn Token Swap
The price of EOS has surged nearly 8% in 24 hours, reaching $0.78. This uptick is part of a broader market rally and excitement around the Vaulta Network’s rebrand and token swap.
EOS, now the native token of Vaulta Network, briefly hovered above $0.70 after its 8% spike on May 26, 2025. Bulls are aiming for the $1 mark, which EOS last breached in December 2024.The altcoin peaked at $0.94 on May 11, 2025, showing strong upward momentum.
Trading volume during this surge reached $205 million, but it has as dropped to $35 million, a 58% decrease. Despite this,EOS remains above the critical $0.7 support level, maintaining a bullish trend.
The rebrand and token swap, which started on May 14, have been key drivers. Vaulta aims to position itself for web3 banking, and the new A token is available for a 1:1 swap from EOS, with no fees involved. Exchanges like OKX, Crypto.com, and Upbit support the swap.
While EOS shed some gains, it still shows a bullish trajectory. The ascending trendline support suggests buyers have the upper hand,paving the way for a potential push towards $1.
