EOS price surges over 20% today, reaching an intraday high of $0.8482 as traders prepare for next week's major network update.

The EOS price has surged more than 20% today, reaching an intraday high of $0.8482 as traders await next week’s major network update.

The sudden rally also saw 24-hour trading volume soar 241% to above $506 million, according to CoinMarketCap data.

EOS’s Vaulta rebrand is slated for May 14

As announced, the EOS network will officially switch its native token from $EOS to $A and complete a full rebranding to Vaulta on May 14.

That change will be enacted 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 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 outlook

Technical 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 seeking out EOS for both capital gains and passive income.

Crypto investor and Data analyst CW notes that a breach of the $1 psychological level could open the door 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/2xHwzDwE6

— CW (@CW8900) May 8, 2025

More 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, 2025

With the Vaulta rebrand just days away, EOS appears poised to maintain its upward trajectory both as a speculative asset and a yield-generating network token.