EOS Surges 7.5% Amid Token Swap to Vaulta and Major Exchange Transition Activity
EOS is currently trading at $0.7747 on Binance, with a 24-hour opening price of $0.7205 and a 7.52% increase over the last day; trading volume remains active, and the market capitalization is estimated between $1.12 billion and $1.2 billion, with a circulating supply of approximately 1.52 to 1.56 billion EOS tokens.
The recent price increase is primarily attributed to the ongoing EOS token swap and rebranding to Vaulta (A), which has led to heightened market activity and exchange support announcements. Major exchanges, including Binance, have outlined timelines for delisting EOS pairs, suspending deposits and withdrawals, and initiating the new A token trading. Additional factors influencing the price include significant purchases by institutional players such as World Liberty Fi and the overall transition-related activities across the ecosystem, including trading suspensions on other platforms and a temporary decline in active wallet addresses.