**EOS Price Surges After $3M World Liberty Financial Purchase: Revival on the Horizon?**
$EOS , now rebranding to Vaulta, has seen a notable price surge following a $3 million investment by World Liberty Financial (WLFI), a crypto firm linked to U.S. President Donald Trump. The purchase of 3.64 million EOS tokens at an average price of $0.824 sparked a 9% rally on May 16, pushing the token’s price to around $0.85, according to Coinpedia and FXStreet. This move has reignited interest in EOS, a layer-1 blockchain that raised $4 billion in its 2018 ICO but has struggled to maintain relevance.
However, suggests caution. Despite the uptick, EOS has broken below a key support level, now acting as resistance, indicating the rally may be a temporary reaction, as noted by Cryptonews. The token’s market cap stands at $1.32 billion, and while the WLFI purchase is relatively small, it signals growing institutional confidence, especially as EOS transitions to Vaulta, aiming to become a Web3 banking powerhouse bridging DeFi and TradFi.
Analysts are mixed on EOS’s future. Some, like those at 99Bitcoins, project a potential climb to $1.60 by May 2025, driven by the rebrand and technical breakouts from long-term patterns, such as a falling wedge. Others, per CCN, warn of a possible sell-off if momentum fades, given EOS’s 96% decline from its 2018 peak of $22.98. Long-term forecasts from LiteFinance suggest volatility, with prices possibly ranging from $1.35 to $4.35 by 2030.
The WLFI investment, while controversial due to the firm’s political ties and past losses, has brought fresh attention to EOS. Whether this marks a true revival or a fleeting spike depends on sustained momentum and the success of the Vaulta rebrand. Investors are advised to approach with caution, as the crypto market remains highly speculative.