EOS Surges 5% Daily, 46% Weekly on Vaulta Rebrand, High Staking Yields

EOS, a cryptocurrency that has been defying the broader market downturn, has seen a significant price increase. The token is currently priced at $0.84, marking a 5% daily gain and an impressive 46% increase over the past week. This surge has brought EOS back into the spotlight, with a market cap of $1.32 billion, despite its all-time high of $19 still being far off.

The recent price surge can be attributed to several key factors. Firstly, EOS is undergoing a major transformation, rebranding as Vaulta by the end of May 2025. This rebranding shifts the project's focus to blockchain-powered banking solutions, a hot topic in the market. The EOS token will transition into Vaulta, with a new ticker expected to be announced later this April. This strategic shift is injecting fresh momentum into the project, driving the price higher.

Secondly, Vaulta aims to position itself as a top staking option, offering an impressive 17% yield. In comparison, Ethereum currently offers around 2%, and Solana sits at roughly 5%. These high yields are particularly attractive to investors in a bearish market, creating a strong incentive to jump in early. The staking pool, which consists of approximately 250 million Vaulta tokens, further supports this attractiveness.

Thirdly, EOS is seeing strong activity in the derivatives market. Open interest in EOS futures has surged over 30%, reaching an 11-month high. The funding rate has also flipped positive, indicating that more traders are now betting on the upside. This signals a clear shift in market sentiment towards optimism, with many expecting EOS to climb even further in the near term.

In conclusion, while most altcoins are struggling, EOS is gaining momentum. With the upcoming Vaulta rebrand, lucrative staking rewards, and bullish derivatives data, the token has multiple strong narratives supporting its rally. If the crypto market stabilizes, EOS could turn out to be one of 2025’s biggest surprises. The positive sentiment and community support have been crucial in driving the price upward, even as other cryptocurrencies struggle.