EOS price on the rise as Vaulta rebrand nears

The EOS price is rallying ahead of the highly anticipated Vaulta rebrand.EOS’s token swap from $EOS to $A will go live on May 14 via MSIG and the Vaulta Swap Portal.As the EOS price surges, bullish charts and rising open interest point to a possible Bull Run post-rebrand.The EOS price has surged over 20% today, reaching an intraday high of $0.8482 as traders prepare for next week’s major network update.The sudden rally also coincided with a staggering 241% spike in 24-hour trading volume, according to CoinMarketCap data, pushing above $506 million of EOS across order books.EOS’s Vaulta rebrand is slated for May 14According to an official announcement, the EOS network will officially switch its native token from $EOS to $A as part of a full rebranding to Vaulta, starting on May 14.That change will be executed via a block producer multi-signature (MSIG) transaction that deploys the new Vaulta token contract and opens the Vaulta Swap Portal on Unicove.Token holders will be able to exchange their $EOS for $A on a one-to-one, fee-free basis using either the official portal or supported exchanges.The transition is purely cosmetic and strategic, with all existing infrastructure, wallet addresses, and smart contracts remaining fully compatible under the new Vaulta mainnet identity.Developers and users alike are urged to complete the swap early to ensure seamless access, though a bi-directional swap window will remain open for four months post-launch.EOS price outlookTechnical indicators are flashing bullish signals after EOS broke out from the upper boundary of a multi-week ascending broadening wedge on the 4-hour chart.The Chaikin Money Flow has climbed into positive territory at 0.16, while Aroon Up sits near 85% and Aroon Down falls to about 35%, underscoring persistent buying pressure.Derivatives data further bolsters the bullish case, with open interest in EOS futures up over 41% to roughly $195 million and a long/short futures ratio above 1 across major exchanges.Coupled with attractive staking yields of around 17% on the forthcoming Vaulta token, vastly higher than Ethereum’s 2.7% or Solana’s 5.4%, investors are eyeing EOS for both capital gains and passive income.Market observers, like Crypto investor and Data analyst CW, believe a breach of the $1 psychological level could pave the way toward $1.45 in the near term.$EOS is moving as expected.The next sell wall is around $1, and if it breaks through, it will continue to rise further to $1.45. pic.twitter.com/2xHwzDwE6D— CW (@CW8900) May 8, 2025More optimistic traders are targeting $2.10 as the next significant resistance following a daily chart triangle breakout.$EOS Next Target : 2.1$#EOS ZON LONG : 1) 0.77$2) 0.75$Target : 1) 1.1$2) 1.6$3) 2.1 $ST : 0.4$ pic.twitter.com/nqDNGAecvK— Rose Premium Signals (@VipRoseTr) May 7, 2025With the Vaulta rebrand just days away, EOS appears poised to maintain its upward trajectory as both a speculative asset and a yield-generating network token.The post EOS price on the rise as Vaulta rebrand nears appeared first on CoinJournal.