The EOS operational ecosystem has been garnering significant attention recently for its various strategic developments and technological advancements. EOS recently completed the significant Spring 1.0 Upgrade which improved transaction finality to 1-second, as well as introducing new tokenomics that signify a new era for the network. These advancements have led to the EOS price rising 15% to $0.90, with expectations for it to reach $1. Yet the network was recently hit with Tether's decision to cease minting its USDT stablecoin on EOS and Algorand. But despite this setback, optimism about EOS remains high as the substantial Spring 1.0 Upgrade enhances transaction speed and efficiency, and the network launces a 250 million staking initiative.
Furthermore, a proposed burn of 80% of EOS's future total supply and the introduction of a simplified staking program serve to bolster usersβ confidence in the platform, and the EOS Foundation has a persisting desire to cap the total token supply at 2.1 billion. In response to these promising developments, Coinbase International Exchange has decided to list EOS Perpetual Futures. Yet, despite these significant developments, the EOS price predictions remain divided. Some foresee the to token scoring a spectacular rebound, while others are cautious due to unresolved issues like persistent inflation.
EOS Coin News Analytics from Thu, 31 May 2018 07:00:00 GMT to Wed, 25 Sep 2024 18:13:39 GMT - Rating 5 - Innovation 8 - Information 8 - Rumor 5