Here are the main catalysts driving EOS price up

EOS price has been on a strong bullish trend lately, surging by 47% since March 30 and pushing its market cap past the $1 billion mark for the first time since mid-February.

Earlier today, the EOS price hit a two-month high of $0.8345 on Binance, with trading volume spiking 87% to $596.73 million, signaling intense trader interest.

This rally, which has seen the EOS token climb to a two-month high, isn’t a coincidence; it’s fueled by a mix of innovative developments and bullish market signals that are catching the attention of investors and analysts alike.

The catalysts behind the EOS price rally

One of the biggest drivers behind the soaring EOS price is the upcoming rebranding to Vaulta, slated for late May 2025.

With this rebrand, the EOS Network will be shifting its focus toward blockchain-powered banking solutions, a move that’s generating serious hype.

As part of the transition, the EOS token will evolve into the Vaulta token, carrying over its core technology, including integration with exSat for Bitcoin banking solutions.

Notably, this rebrand is expected to position the EOS price for growth by bridging traditional finance and Web3, an area gaining traction as institutions like BlackRock deepen their crypto presence.

Adding fuel to the EOS price rally is the Vaulta Banking feature, which has been a game-changer since its introduction last month.

The EOS token ecosystem is seeing a surge in buying activity, partly thanks to the newly unveiled Vaulta Banking Advisory Council.

Comprising seasoned leaders from banking, fintech, and digital assets, this council is tasked with ensuring Vaulta remains compliant and credible, paving the way for mass adoption.

The promise of tokenizing real-world assets (RWAs) like real estate and commodities through Vaulta has further boosted confidence in the EOS crypto, driving its price up 37.6% over the past seven days.

The third pillar of Vaulta’s Web3 Banking Ecosystem is Portofolio Investment. From real estate to commodities—Vaulta’s portfolio layer unlocks RWA access with DeFi speed and TradFi standards. Accessible. Compliant. Global. 📹⤵️

9:10 pm · 1 Apr 2025

In addition, there’s a lucrative incentive at play once the rebranding takes place.

The new Vaulta token will offer a staking yield of around 17%, backed by a 250 million token reward pool, dwarfing the yields of major players like Ethereum (2.03%) and Solana (5.14%), making the EOS token an attractive option for investors seeking high returns.

This staking feature is a clear catalyst for the EOS crypto’s recent gains, as it draws in both retail and institutional players looking to capitalize on the shift to Vaulta.

Market dynamics are also playing a big role in pushing the EOS price higher.

In the derivatives market, open interest in EOS futures has jumped over 57% to an 11-month high of $227.56 million.

EOS Futures Open Interest chart by Coinglass

However, there is extremely short positioning, with the OI-Weighted Funding Rate dipping to -0.18%, suggesting short sellers expect a reversal.

EOS OI-Weighted Funding Rate by Coinglass

Despite this, the momentum behind the EOS token, fueled by Vaulta’s developments, seems to be overpowering the bears, keeping the EOS crypto on an upward trajectory.

EOS crypto technical analysis

From a technical perspective, the EOS price rally looks poised to continue.

On the 1-day chart, the EOS token broke out of a descending wedge pattern—a bullish reversal signal—around the $0.45–$0.50 support zone.

Now trading above $0.82, it’s eyeing the $1 mark, a level it hasn’t hit since mid-December 2024.

The Supertrend indicator has flipped bullish, and the Aroon Up sits at 100%, showing dominant buying pressure.

EOS price chart by TradingView

A golden cross, where the 50-day SMA crossed above the 200-day SMA, formed on the 4-hour chart on March 25, adding weight to predictions that the EOS crypto could sustain its climb.

Analysts are buzzing about the EOS price potential. Some, like CW and World of Charts, see the EOS token clearing a key sell wall at $0.65 and heading toward $1, a psychological and technical milestone.

However, with the Relative Strength Index (RSI) hitting 79, EOS is in an overbought territory, which could trigger a short-term pullback.

However, the rising Average Directional Index (ADX) suggests the bullish trend has legs, supporting the case for further gains in EOS price.

With traders piling into futures and technical indicators flashing green, the EOS price could be on the cusp of a bigger breakout, potentially hitting that $1 target and beyond.

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