EOS – The old king quietly making a comeback?”
EOS, once one of the most prominent blockchain platforms in 2018, is showing signs of revival after a long period of “hibernation.” Recently, EOS has recorded a steady increase in trading volume, with prices accumulating around the $1 mark – a level considered to be a long-term bottom.
After disagreements with Block.one, the EOS community has proactively restructured the ecosystem through the EOS Network Foundation (ENF). Plans for Layer 2 development, EVM integration, and accelerated dApp development are being pushed forward to bring EOS back into the Web3 race.
With a loyal community and a once-strong technology platform, EOS has the potential to recover if it catches the right wave of altseason. This is an opportunity to consider accumulating the “old legend” before the market pays attention again.