The EOS Network recently carried out its Spring 1.0 upgrade, which has elevated its transaction speed to 1-second finality, marking an impressive technical advancement. Post-upgrade, EOS's price is speculated to hover around $1, greatly fueled by this upgrade. By the years 2024-2030, some predictive models project an encouraging upward trend for the EOS prices. Along with this, EOS Network has approved a new tokenomics model aiming to usher in a 'new era' and has launched a massive 250 Million EOS Staking Initiative.
In concert with these developments, CEO Yves La Rose has been quite engaged in various talks and interviews describing the 'new era' for EOS. A new token model with a fixed supply of 2.1 billion tokens has been unveiled. However, EOS Network has had to sweat out some criticisms for its persistent inflation despite its price rising to $0.90. Tether, the popular stablecoin, has decided to cease its issuing of USDT on EOS.
Furthermore, EOS Planning for a hardforking event. EOS Network is also investing in blockchain technology companies and has received a $60M investment from DWF Labs. Blockchain luminary, Dan Larimer, has an influential role in the EOS community. The EOS token is now listed on the Coinbase International Exchange, and significant discussion about it entering the tokenized real-world assets market is underway. The network has even received trading approval in Japan.
EOS Coin News Analytics from Thu, 30 May 2019 07:00:00 GMT to Wed, 25 Sep 2024 18:19:59 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 3