↑ EOS Coin: Promising Recovery, Network Upgrades, and Potential Growth on the Horizon
EOS coin is projected to experience a promising recovery after hitting an all-time low, with price predictions up to 2030 forecasting potential...
The EOS Network has made significant advancements, achieving 1-second transaction finality with its Spring 1.0 upgrade. CEO Yves La Rose affirmed a promising 'new era' for EOS, suggesting potential improvements in both its system and tokenomics. EOS reportedly launched a sizable staking program and secured $127 million in staking rewards. However, whilst EOS seems poised to profit massively in the future, challenges remain such as its spot outside the top-50 cryptos.
The EOS Foundation made headlines when it opted to implement a token cap at 2.1 billion. Further, leveraging the EOS network’s capabilities, the introduction of exSat seeks to address Bitcoin scalability issues. EOS also received support from prominent platforms such as Binance and Coinbase which publicly backed EOS’s hard fork and listed EOS among their offerings, respectively. The network’s future seems further bolstered by its developing tokenomics and definite upgrade plans.
However, Tether’s recent decision to halt the minting of its USDT stablecoin on the EOS network poses a potential setback. Nevertheless, EOS price predictions suggest a possible surge in the coming years, with some experts indicating it might reach $100 by 2030. Lastly, in an interesting development, EOS network’s token received trading approval in Japan, resulting in a near 10% spike in its price.
EOS Coin News Analytics from Tue, 11 Jul 2017 02:59:25 GMT to Wed, 13 Nov 2024 07:44:47 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 2
