EOS Reaches 30-Day High on Fed's Dovish Signals and Major Rebrand Announcement

EOS surged by 19% in the past 24 hours, climbing to its highest price in 30 days. The rally was driven by two key catalysts: a dovish signal from the US Federal Reserve and the official announcement that EOS will rebrand to 'A' with a 1:1 token swap, as revealed by Vaulta. This development has generated renewed investor interest, reflected in a $3.49 million spot inflow—the coin’s highest single-day spot inflow since December. Daily trading volume surpassed $480 million, a 270% increase, underscoring heightened demand and bullish sentiment. Institutional accumulation is also increasing, with the Smart Money Index (SMI) reaching a five-month high, according to TradingView. If EOS overcomes resistance at $0.85, a move toward $0.98 is possible; however, profit-taking could see the price slip to $0.67.