EOS (EOS) Price: Vaulta Banking Feature Drives 20% Rally Amid Market Downturn

TLDR

• EOS price has surged by nearly 20%, reaching a two-month high at $0.802
• The Vaulta Banking feature and new Advisory Council are bolstering investor confidence
• Social dominance metrics jumped to 0.31%, indicating rising market attention
• EOS broke out of a descending channel pattern, with bullish technical indicators

EOS, the cryptocurrency powering its namesake blockchain network, has seen its price soar by nearly 20% in the past 24 hours. The token reached $0.802, its highest level in two months, pushing its market cap past the $1 billion mark.

This price rally comes amid several key developments in the EOS ecosystem. The primary driver appears to be updates to the Vaulta Banking feature, which was introduced by the EOS Network last month.

The EOS Network recently unveiled the Vaulta Banking Advisory Council. According to the 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.”

Vaulta aims to bridge traditional banking with Web3 technologies. This feature has been gaining traction as traditional financial institutions like BlackRock expand their crypto presence.

The EOS team has also announced that Vaulta will bring Web3 to portfolio investments, including real estate and commodities, through Real World Asset (RWA) tokenization.

Technical Indicators Point to Bullish Momentum

From a technical analysis perspective, EOS has broken out of a descending parallel channel that had contained its price for months. This breakout suggests a potential shift from bearish to bullish momentum.

The Relative Strength Index (RSI) for EOS stands at 77, indicating a surge in buying activity. While this puts the token in overbought territory and may cause a short-term reversal, the Average Directional Index (ADX) is rising, showing that the bullish momentum is strengthening.

EOS Price on CoinGecko

On the daily chart, EOS has risen above the 20-period Exponential Moving Average (EMA), which typically indicates a bullish trend. The Bull Bear Power reading has been increasing since March 18, suggesting that bears have found it challenging to keep bulls out of the picture.

The token formed a golden cross on March 25, with the 50-day moving average crossing above the 200-day Simple Moving Average (SMA). This pattern often signals the potential for a longer-term upward move.

Rebranding and Future Outlook

Another factor driving EOS’s recent gains is the project’s upcoming rebranding to Vaulta, expected to go live by the end of May 2025. As part of this transition, the EOS token will become Vaulta, with a new ticker symbol to be announced later this month.

The rebranding comes with a shift in focus toward blockchain-powered banking solutions. The new Vaulta token will maintain all of EOS’s core technology, including its integration with exSat, the Bitcoin banking solutions.

One appealing aspect of the upcoming Vaulta token is its planned staking yield of approximately 17%, supported by a reward pool of about 250 million tokens. This rate is much higher than those offered by major cryptocurrencies like Ethereum (2.03%) and Solana (5.14%).

$Eos #Eos Seems Like Eos Getting Ready For Another Strong Bullish Rally. Testing Multiple Trendlines, Successful Breakout Could Send It Towards 1$. pic.twitter.com/f19g1H0Mjs

— World Of Charts (@WorldOfCharts1) March 30, 2025

Social media metrics also point to growing interest in EOS. Data from Santiment shows that social dominance around EOS has jumped to 0.31%, indicating rising market attention.

In the derivatives market, open interest in EOS futures has surged more than 30%, reaching an 11-month high of $144.14 million. The funding rate has turned positive, suggesting that more traders are betting on continued upward movement in the near term.

Despite the broader crypto market experiencing a downturn, these developments around Vaulta and the strong technical indicators have allowed EOS to buck the trend and post impressive gains.

Crypto analysts are taking notice of EOS’s performance, with some targeting the $1 mark as the next key level for the token. This price point represents both a major psychological level and a technical target that EOS hasn’t reached since mid-December last year.

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