EOS changed its name to Vaulta and exchanged tokens.
New Token A is more likely to rise for the following reasons:
Rebranding and market expectations 3: EOS changed its name to Vaulta and transformed into a blockchain-driven banking hub. This rebranding and business transformation attracted the attention of the market. Investors had high expectations for its new development direction, and a large amount of funds flowed in, driving up prices.
Staking rewards attract 3: Vaulta promises up to 17% APY staking rewards, which is much higher than Ethereum 2.0's 2.03% and Solana's 5.14%. Such high staking rewards are very attractive to investors seeking returns, attracting them to buy and hold tokens, increasing demand for A and thus driving up prices.
Increased market attention1: After the rebranding news, EOS’s social dominance increased significantly, indicating growing interest from retail and institutional investors. Although social dominance has subsequently declined, market attention remains high with continued positive news on rebranding and attractive baking reward mechanisms, which is conducive to price increases.
Active derivatives trading 1: Coinglass data shows that the open interest of EOS futures has increased significantly, indicating that derivatives traders are increasingly confident in EOS. Traders are betting on its further rise. This market sentiment may also continue after A is listed, pushing prices higher.