crypto.news 2025-05-26 15:03:19

EOS price jumps 8%; can bulls reclaim $1 this time?

EOS price jumped nearly 8% in 24 hours to hit highs of $0.78 amid a broader market uptick and ongoing sentiment around its token swap and Vaulta rebrand. The price of EOS ( EOS ), the native token of the Vaulta Network following its rebrand and swap to A, has stalled its 24-hour upside momentum as it hovers just above $0.70. This follows a notable 8% spike in early trading on May 26, 2025, with bulls again running out of steam as they target the elusive $1 mark . EOS last traded above this psychological level in December 2024. In recent upward action, the altcoin reached highs of $0.94 on May 11, 2025. Market data shows the daily trading volume amid this uptick spiked to over $205 million. In comparison, the latest surge came amid daily trading volume of about $35 million – notably down 58% on the day. Read more: Raydium price eyes 30% surge as RAY buybacks fuel bullish momentum Early this year, EOS price fell to lows of $0.46 and shed more than 10% last week as bulls gave up gains . But they kept the critical support area near $0.7, which will be key to another attempt to target $1. Price remains above an ascending trendline support, suggesting an upper hand for buyers amid an upside continuation. Despite shedding gains seen earlier in the day, the cryptocurrency maintains a bullish trajectory as highlighted. Much of this has come since the project announced its rebrand and token swap – which began on May 14. That rebrand targets positioning Vaulta for web3 banking and the A token that is now live for a 1:1 swap from EOS is a big part of this goal. Investors have been buoyed by the fact that the project has had no changes to its tokenomics and users incur no fees when getting A. Exchanges that announced support for the swap include OKX, Crypto.com, and Upbit. You might also like: EOS price eyes 20% surge as multiple bullish patterns emerge