|All Time High:|
|Market Cap: |
|The price of #EOS today is $1.11 USD.|
The lowest EOS price for this period was $0, the highest was $1.11, and the exact current price of one EOS crypto coin is $1.10539.
The all-time high EOS coin price was $23.96.
Use our custom price calculator to see the hypothetical price of EOS with market cap of ETH or other crypto coins.
|The code for EOS is also #EOS. |
EOS is 5.6 years old.
|The current market capitalization for EOS is $1,208,688,546.|
EOS is ranked #45 out of all coins, by market cap (and other factors).
|The trading volume is large today for #EOS.|
Today's 24-hour trading volume across all exchanges for EOS is $83,795,069.
|The circulating supply of EOS is 1,093,445,338 coins, which is 100% of the total coin supply.|
|EOS is the native coin for the Eos blockchain.|
View the full list of Eos blockchain tokens.
|EOS is well integrated with many pairings with other cryptocurrencies and is listed on at least 73 crypto exchanges.|
View #EOS trading pairs and crypto exchanges that currently support #EOS purchase.
|Note that there are multiple coins that share the code #EOS, and you can view them on our EOS disambiguation page.|
EOSIO Resource Allocation Proposal
Recently the EOSIO Resource Exchange (REX) that allocates resources (CPU/NET) to users became unusable on the EOS Public Blockchain after spikes in demand for processing power and bandwidth drained the system of liquidity. During the outage, borrowers who attempted to get access to these resources were denied service. Resource supply for the EOS Public Blockchain on REX highlights a general issue with the resource allocation model; despite a large demand, most of the network’s resources are going unused. REX was managing around 30% of the network’s total CPU/NET and ran out of resources to allocate to new borrowers. Meanwhile, only a small percentage of the remaining 70% of the network’s resources were actually being utilized, evidenced by the fact that less than half of the blockchain’s total capacity was being used. In light of this situation, we’re proposing a potential change to the way the current REX system operates that would establish a resource rental market. Under the new proposed system, a user will pay a resource rental fee via a smart contract to be granted 30 days worth of CPU/NET from the total supply. After 30 days the rental must be renewed and pricing is automatically adjusted using a market based mechanism, based on changes in supply and demand for CPU/NET resources. Users will still be able to stake tokens under this proposed resource model. However, instead of receiving CPU/NET resources in pro...
Applications Open: EOS VC Grants Program
At Block.one, we believe that collaboration fuels impact, and we continue to look for new ways to fund early stage collaboration efforts. We continue to be inspired by the passion we see from the blockchain related companies that highlight and leverage the new possibilities of EOSIO software. There are a lot more ideas and innovations out there, and we want to make sure that there is every opportunity to identify and support deserving entrepreneurs. Today, we are proud to announce our Grants Program, which will be a new avenue to fund active EOSIO community members as well as those nurturing up-and-coming projects using the protocol. We invite companies and projects of all sizes across various sectors and industries who are working hard to adopt and promote EOSIO, to apply. This is different from our ongoing investment program. We want to expand our vision, as well as the EOSIO ecosystem by empowering enterprises with great potential to cross the finish line. We believe this is a way to accelerate meaningful blockchain projects that will have a lasting impact on the community. More information can be found on our EOS VC site, and applications can be made here. Project size is not a barrier; we welcome world-conquerors and local heroes. The EOS VC Team Disclaimer Important: All material is provided subject to this important notice and you must familiarize yourself with its terms. The notice contains important information, li...
WORBLI is a Financial Services Oriented Blockchain Built on EOSIO
We spoke with Domenic Thomas, CEO of WORBLI, a blockchain network and financial services platform built on EOSIO.Could you introduce your blockchain network for us? WORBLI is a financial services oriented blockchain network. We are built entirely for decentralized finance (DeFi) with an embedded compliance layer offering, that offers additions like know-your-customer (KYC), and anti-money laundering (AML) services. Most financial applications globally require these to meet compliance standards. To most, Distributed Ledger Technology (DLT) and cryptocurrencies are exciting but bewildering. Our desire is to take away that bewilderment and help people discover how they can use DLT daily, both professionally and personally. WORBLI’s infrastructure was built using EOSIO technology, so it’s fast and cost effective. The combination of this high performance and our comprehensive compliance tools will help to break down technical barriers for financial technology (FinTech) entrepreneurs and businesses, resulting in innovation and new ideas.What is WORBLI’s use-case and what benefits does it offer? Any individual, business, or organization that needs a safe, financially compliant, and fast platform to host their application can benefit from using WORBLI. We have a big focus on the FinTech industry — financial companies are highly regulated, with compliance being a large cost and time burden. Through our calculations, we...
Hacking On, One Year On
It’s been just over a year since the EOS Global Hackathon series concluded, so we’re taking a moment to recap what went down, but to also look forward. We’re checking in with some of the past winners and competitors on how their projects #BuiltOnEOSIO are progressing, where they’re at, and what they’re doing next.The Recap For those of you new to the EOSIO ecosystem, in 2018 Block.one hosted the EOS Global Hackathon series, an event that brought people together from all over the world — 1,724 to be exact. All with the common goal of designing blockchain powered applications geared towards positive change that ultimately solve topical problems. We began in Hong Kong, and worked our way through Sydney to London. We hosted the Africa Virtual event, headed to San Francisco, and brought everyone together with a grand finale in Cape Town. With judging panels well versed in what makes a great project, product or pitch, and mentors available at all hours to bring ideas to fruition, there was no shortage of collaboration or inspiration. Inspiration that ultimately saw 280 projects built on Block.one’s open source software, EOSIO. Since then we’ve also launched a new home for EOSIO hackathons -hackathon.eos.io - along with resources and information for anyone around the world to host, partner or attend an EOSIO powered hackathon. With time, we hope to foster community driven EOSIO hackathons that bring together like...
Telos Blockchain Network Based on EOSIO Technology
We spoke to Douglas Horn, the architect and whitepaper author of the Telos blockchain network, which is built using EOSIO technology.Could you introduce your blockchain network for us? Telos is a public blockchain focused on empowering mass adoption. Our pillars for this makes it easy to join and use Telos, provide powerful tools for app builders to ease their development cycles, and lead the world in functional blockchain governance. We see a world where people are eager for the new field-leveling opportunities that blockchain can bring to individuals and groups-allowing them to better compete with the entrenched powerful elite. To foster this, we are aggressively pushing the boundaries of blockchain user experience and ease of use. We are also giving people a real opportunity to participate in governance, with unique features that support both governance of Telos itself, plus tools for every app on Telos to easily manage its own governance. In fact, we’ve extended the system-level voting and committee management functions to apps so that they don’t have to worry about maintaining the code or providing their own interface-that can be consistent across all Telos apps for the convenience and familiarity of users. Telos has invested heavily in adding tools that extend the capabilities of what app developers can do with blockchain technology. EOSIO itself is one of the biggest elements due to its power, security, and enorm...
EOSIO™ Quickstart Web IDE: Start Building on EOSIO in Minutes
Getting started with a new technology always poses challenges. There are often new languages, development patterns to learn, and hardware prerequisites to meet for setting up a development environment. Blockchain development in particular has certain resource requirements that must be met to run a full node, replay a chain, or test smart contracts. These issues present obstacles for new developers who are interested in exploring blockchain technology. As EOSIO grows, we are working to create new tools and libraries that make EOSIO development faster, easier, and more accessible to developers around the world. To that end, a significant goal of our engineering effort is to make it possible for anyone to rapidly deploy their blockchain projects with EOSIO software. The EOSIO Quickstart Web IDE reduces barriers to entry for new developers, so they can get started in minutes, share, and collaborate on EOSIO projects. Currently, building on EOSIO entails a multistep setup process, and a powerful computer to run a full blockchain node. For anyone just getting started, this process begins with installing and configuring EOSIO. After, EOSJS must be installed and configured for developing web applications. It is often difficult to establish a clear workflow as these processes take many steps consisting of numerous components. There is also the issue of computing power; to run a full node requires a computer with at least 16GB of ram, ...
Introducing EOSIO 2: Enhancing Performance, Improving Security, and New Developer Tools
EOSIO 2 was built with developers in mind. Our focus: make it faster, simpler, and more secure to build on EOSIO. We believe the single biggest bottleneck for blockchain development is the speed in which they can execute smart contracts. EOSIO was the first blockchain software to use a WebAssembly (WASM) engine to improve performance, but in time, we outgrew existing general purpose WASM engines and knew we could do more. Our solution: build our own, designed from the ground up with blockchain in mind. EOS VM, our purpose-built blockchain WASM engine, runs the EOS Mechanics WASM CPU benchmarks up to 16x faster than Binaryen, which was released with EOSIO 1.0. Next, we wanted to solve the barrier to entry for new developers — those heading to an #eosiohackathon or building on EOSIO for the first time. Typically, setting up a blockchain development environment is a multi-step process that can take hours, even days, to complete. That’s why we’re building the EOSIO Quickstart Web IDE, a development tool that allows new developers to go from start to ready-to-build in minutes. Finally, for any developer, one of the critical pain points to onboarding new users to blockchain applications is safeguarding private and public keys, and the security risks created if done incorrectly. With this release of WebAuthn support for EOSIO, developers can begin testing transaction signing with WebAuthn in their EOSIO applications, pr...
Maturing EOSIO Resource Allocation for Public Blockchain Usage
EOSIO provides a wide range of options for allocating the available CPU and network bandwidth among token holders. The underlying principle of EOSIO is that if you own 1% of the tokens you may utilize 1% of the available bandwidth. Following this principle we created the resource exchange contract, known as REX, which allows token owners to rent their bandwidth to others at a market rate. With the advent of EOSIO 1.8, it is now possible for a contract owner to pay for the CPU and network bandwidth of their users by co-signing the transaction. Applications are now able to rent resources from REX and then cover bandwidth for users by cosigning their transactions. Under this model users no longer have to worry about bandwidth resources. This model is similar to how companies can choose to either buy hardware or lease it from cloud services, while simultaneously enabling companies to subsidize the bandwidth requirements of their customers. In addition to the above two ways to gain access to bandwidth on EOSIO networks, allocated, but unused, bandwidth can be freely used by others proportional to their tokens. This is like an internet service provider having a minimum guaranteed bandwidth, but allowing you higher speeds when the network is not congested.The Debate over Allocation of Free Resources Some users of EOSIO public blockchains, such as EOS, have come to count on “free bandwidth” like someone renting cheap AWS spot ins...
Lamington Simplifies EOSIO Smart Contract Development
Upland Blurs the Boundaries of the Real and Virtual Worlds
Upland Co-Founder Idan Zuckerman explains how Upland, a blockchain collectible game, allows players to truly own virtual objects that are linked to the real world, and how this could disrupt the casual gaming industry.Can you introduce Upland for us? Upland is a fun, blockchain-powered, property collectibles game that blurs the boundaries between the real and virtual world. We believe Upland has the ability to spearhead a new type of movement; we call it the Ownership Revolution. People who play Upland can experience true ownership of the digital assets they collect in the game, with provable scarcity and ownership supported by blockchain technology.Where did the initial idea for Upland come from? As friends combining decades of experience in both the casual gaming and decentralized economies industries, we were looking at the different ways blockchain technology can disrupt a $50B casual games industry. One game night, after playing Monopoly and watching the Netflix series “Stranger Things,” we got thinking about a property game in a parallel universe. We believe properties that are based on real-world addresses are the ideal collectible NFT, and can serve as the foundation for a phenomenal location-based game. We knew we’d need to make the game super easy and accessible to play in order to be successful with mainstream audiences, which is why we’ve opted for a unique approach to blockchain gaming by reducing the tr...
More EOS (#EOS) News
|Why EOS Downward Trajectory In Last 30 Days May Not Hurt Its Coin
Since its all-time high on August 22, EOS has been steadily declining. The crypto market had crashed from March to June, but has since recovered. The market crisis has a lingering impact on modern investing.
Coingecko reports that the token's value has increased by 0.2% in the last 24 hours. Even on shorter time intervals, like the week or the biweek, the currency rose in value.
Nonetheless, these changes have done little to slow the downward trend. Investors and traders in EOS, though, may have reason to be optimistic.
The Stress Of September
As this is being written, EOS is being propped up by the $1.0055 area, which has slowed its decline since last month. The current price movement of the token is being influenced by the ongoing downturn.
The right side of the right triangle acts as a liquidity pool, and this is reflected in the coin's price action as a XABCD harmonic pattern. As investors and traders buy the dip, demand is introduced, and the trend may turn bullish as a result.
Meanwhile, the technicals also appear to be lacking. The CMF is currently negative, indicating that bears are in control of the market. This provides an undeniably formidable counterbalance to the potential bullish movement.
Immediate resistance at the 61.80 Fibonacci retracement level will be a challenging barrier to overcome.
Not Looking Good? EOS's predicament does not bode favorably for the alternative cryptocurrency. However, investors and traders can leverage a risi...
|EOS Officially Adopts Community-Led Leap 3.1 Codebase After Hard Fork
EOS managed to raise $4.2 billion in its year-long ICO back in 2018. Despite a very hyped start, the project had a rather bumpy ride. After edging close to dissolution, EOS has finally declared 'independence.'
According to the press release shared with CryptoPotato, EOS block producers have executed a coordinated hard fork to Leap 3.1. EOS is finally migrating to the newly forged Antelope Framework.
This essentially means that an individual running a node will have upgraded them to continue syncing with the network. This is EOS' second hard fork and seeks to activate new features that are not backward compatible with previous code versions.
Liberating EOSIO Codebase
Leap 3.1 is the C++ implementation of the new Antelope protocol, which comes with several new features such as transaction lifecycle improvements, upgraded crypto primitives that power EVM-related cryptography functions, and block and SHiP pruning.
For the uninitiated, Antelope is a community-run blockchain protocol supported by members of the EOS Network Foundation (ENF), which include EOS, Telos, Wax, and UX Network. The hard fork of the code of the EOSIO blockchain signals the official switch over to Antelope.
It uses an evolved version of the Proof-of-Stake (PoS) consensus mechanism called - Delegated Proof-of-stake (DPoS), wherein network users vote and elect delegates (referred to as block producers) to validate the next block. The devs use this protocol for various apps, including DeFi, NFT, games, supply c...
|Bitcoin Price Struggles at $21K, EOS Soars 20% (Market Watch)
Bitcoin continues to consolidate around the $21,000 mark after dipping below that level on multiple occasions yesterday.
Most altcoins are well in the green on a daily scale, with EOS emerging as the most impressive gainer following a double-digit price surge.
Bitcoin at $21K
The primary cryptocurrency fell hard last week, dumping from a multi-month high of over $25,200 to a multi-week low of under $21,000. This all happened in less than seven days.
As such, when the weekend arrived, the asset had calmed and traded mostly in a range between $21,000 and $22,000. The start of the current week also lacked any firecrackers. Yesterday saw a few price dips below $21,000 but BTC managed to recover those losses rather immediately.
As of now, the cryptocurrency has jumped to above $21,000 and stands $500 north of it. Consequently, its market cap has managed to defend the $400 billion level. Its dominance over the altcoins has also taken a breather and sits just over 40%.
BTCUSD. Source: TradingView
EOS Steals the Show
The alternative coins retraced slightly yesterday, but most have turned green today.
Ethereum had lost over $500 at one point after last weekend's surge above $2,050. Now, though, the second-largest crypto trades confidently above $1,600 after a 5.5% daily increase.
Binance Coin is just inches away from tapping $300 again following a minor price jump. Ripple, Cardano, Solana, Dogecoin, Shiba Inu, and Avalanche are also in the green now.
Polkadot, Polygon, and Avalanche h...
|EOS Price Rallied By 10%, Coin To Retest $2?
EOS price has propelled by 10% and now is one of the top gainers over the 24 hours. This has pushed the coin quite close to its next price resistance. The bulls were back on the 24 hour chart and that depicted positive price action for the coin.
Despite Bitcoin falling on the chart and other major altcoins moving south EOS noted a considerable surge in price. EOS price also depicts a broad wedge pattern, this pattern is often tied to exhaustion of a trend. In this case, EOS price was reversing its previous bearish price momentum.
Technical outlook on the chart pointed towards bullish price action gaining strength. Buying strength on the 24 hour chart were substantially high.
In case buying strength holds its ground, a move to the immediate resistance becomes easy for the altcoin. Price of EOS needs to trade above its current price action for the coin to move and witness another possible rally.
EOS Price Analysis: One Day Chart
EOS was priced at $1.70 on the one day chart | Source: EOSUSD on TradingView
The altcoin was trading at $1.70 at the time of writing. It secured double digit gains over the last 24 hours as the bulls surfaced. The coin has also formed a broad wedge pattern which meant that EOS's previous bearish price thesis would be discontinued.
The overhead resistance for the coin stood at $1.90 and a move above that level will push EOS to $2. In case the sellers resurface in the market, the local support level for the coin awaited at $0.90. The amount of EOS traded ...
|Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Decline...
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today's rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS
EOS was trading mostly higher on Monday, as the token remained close to a three-month high.
Last Wednesday saw EOS/USD rise to a high of $1.64, which was its strongest point since May 11.
Since then, market uncertainty has heightened, with the token fallen 20 cents below that level, at $1.44, on Sunday.
However, to start the week, bullish sentiment returned, with EOS hitting a high of $1.58, which is marginally below a ceiling of $1.60.
This peak saw the relative strength index (RSI) also hit a resistance point, colliding with its 65.45 threshold.
As a result of this, earlier gains have eased, as bulls opted to secure profits by liquidating positions.
EOS is tracking at $1.52 as of writing.
On the other hand, flow (FLOW) was on the opposite side of the spectrum, as prices extended recent declines.
Following a high of $2.20 during Sunday's session, FLOW/USD fell to a low of $2.03 to start the week.
Today's drop sees the token hit its lowest point since August 4, when prices were trading at a low of $1.86.
Overall, FLOW is down by nearly 26% in the last week, and this comes after an extended period of sell-offs.
Prices have now moved lower for eleven of the last twelve sessions, commencing aft...
|TA: Weekly Top 5 Crypto To Watch – BTC, ETH, BNB, TRB, EOS
The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected.
This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay attention to this week.
Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose.
Top Crypto Price Analysis Chart -Bitcoin (BTC)
Daily BTC Price Analysis | Source: BTCUSDT On Tradingview.com
From the chart, the price of BTC was rejected from $25,200 with a bullish uptrend in a rising wedge. The rejection from the resistance led the price of BTC to break out in a downward trend.
BTC is currently trading at $21,100 at the point of writing this article. The price of BTC was unable to hold the support at $22,500 leading to a retest of lower support at $20,800.
A breakout below this $20,800 support holding the price of BTC could see the price going lower to a region of $19,000 which is seen as a demand zone for BTC prices over the weeks.
Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart
Daily ETH Price Analysis | Source: ETHUSDT On Tradingview.com
The price of Ethereum in recent weeks outperformed BTC after showing a bullish trend ahead of “The Merge,” rising to a region of $2,030.
ETH price was rejected from $2,03...
|Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High
Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today's price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day.EOS
EOS was one of Wednesday's biggest movers, as prices of the token climbed by as much as 20%.
Today's gains come three days after EOS began to accept registrations for its upcoming Yield+ incentive program.
The program, which is essentially a reward offering, will be distributed on August 28, exactly two weeks after registration opened.
As a result of this, EOS/USD surged to a peak of $1.64 on Wednesday. This comes less than a day after trading at a low of $1.28.
Wednesday's high is the strongest point for the token since May 11, and comes following a breakout of a key price ceiling.
Looking at the chart, this resistance was at the $1.43 level, which has been in place for the last three months.
Following today's rally, the relative strength index (RSI) is now tracking at a high of 70.33, which is marginally above a ceiling of 69.
In addition to EOS, tezos (XTZ) was another notable mover in today's session, with it climbing to its highest point in over two months.
XTZ/USD raced to a high of $2.02 earlier in today's session, which was up from Tuesday's low of $1.82.
This is the highest point tezos has reached since June 11, when the token was trading above $2.07.
However, as ...
|Dogecoin Madness and EOS Skyrockets 30%: The Daily Market Watch
Bitcoin tried its hand at tapping $24,500 but took a sudden turn that pushed it south by almost $1,000.
More 24-hour scale volatility came from Dogecoin. EOS, on the other hand, has skyrocketed by nearly 30% in the same timeframe.
DOGE Volatile, EOS Soars
The altcoins traded calmly yesterday, but several went on a volatile roller-coaster. Dogecoin is a prime example. The OG memecoin jumped from under $0.8 to a multi-week high at $0.92 in a matter of hours (on Binance). Then, it retraced just as sharply and now stands below $0.85.
EOS is the best performer from the mid-cap alts. The asset has skyrocketed by nearly 30% in a day. As a result, it soared above $1.6, which became a 3-month high.
Looking at a 24-hour scale, most larger-cap alts sit stagnant as well. Aside from a few brief fluctuations, ETH, BNB, ADA, XRP, and SOL have all remained at essentially the same price they were yesterday.
Shiba Inu, Avalanche, and MATIC, on the other hand, have marked insignificant declines.
Tezos is another impressive performer as XTZ is up by over 8% in a day and sits close to $2.
The crypto market cap also stands still now at $1.150 trillion after getting rejected at $1.2 trillion a few days back.
Cryptocurrency Market Overview. Source: Quantify Crypto
According to Chainalysis, crypto-related crimes have taken a sharp decline in the past several months due to the decreasing market prices.
The SEC went after another crypto project - Dragonchain - for allegedly selling unregi...
|AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK
AscendEX, a full-stack cryptocurrency exchange platform, announced today the addition of six new leveraged tokens for trading: ADA, DOGE, DOT, EOS, GALA, and LINK, set to go live June 16, 2:00 a.m. UTC.
For more details on the new listings, see below:
3X Leverage Long
5X Leverage Long
3X Leverage Short
5X Leverage Short
Note: L, short for long, refers to “going long”. S, short for short, refers to “going short”. The numbers 3 and 5 refer to the leverage multiple for a particular token.
On AscendEX, market orders can earn rebates of up to 1.5 bps for injecting liquidity into the exchange, while taker orders pay as little as 3 bps.
The post AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK appeared first on CryptoNinjas.
|Biggest Movers: Near, EOS and RUNE Fall During Friday's Selloff
NEAR was one of the big movers in today's trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session.
Near Protocol (NEAR)
NEAR was one of the biggest tokens to fall on Friday, as a red wave swept over cryptocurrency markets to end the week.
Following a peak of $17.12 on Thursday, NEAR/USD dropped to a bottom of $15.12 during today's trading session.
As a result of this drop in price, NEAR fell below its recent support level of $15.45, for the first time since the start of the week.
Following a breakout of the ceiling at $17.50, prices recently rose to a one week high of $17.77 on Wednesday, however this upwards momentum was short lived.
The turnaround saw prices drop for three consecutive sessions, leading to the 14-RSI to track at its weakest point in over six weeks.
Now in oversold territory, bears will likely try to push prices even lower, whilst bulls could see this as an opportunity to buy low.
Similar to NEAR, EOS has also held firm at a recent resistance level, leading to a selloff during today's session.
EOS/USD fell to an intraday low of $2.48 earlier on Friday, after trading above $2.84 less than 24-hours ago.
Following a false breakout of the $2.75 ceiling, EOS has gone on to fall for two consecutive sessions, with today's decline taking us to a short-term floor.
As seen on the chart, $2.45 has recently acted as the first line of defense for fading pric...
|EOS Launches EVM Support in Attempt to Revitalize Platform
The web 3.0 dapp platform EOS has finished the work needed to bring the Ethereum Virtual Machine (EVM) to the network. That means developers will be able to build and transfer more blockchain applications to the network using familiar tools and coding language.
EVM Meets EOS
EVM is the software platform used to create decentralized applications (dapps) on Ethereum. It’s a virtual programming stack embedded within each Ethereum full node. The programming language used to create smart contracts that run on EVM is called ‘Solidity.’
The EVM also stores the entire state of the Ethereum network (including all balances and accounts) and determines the rules for how the network changes state with each block.
Given that Ethereum is the first and largest smart contract platform available making other blockchains EVM compatible has become somewhat of an industry standard. This allows those platforms to easily adopt the new developments created on Ethereum, using the same code.
As explained in a press release seen by CryptoPotato, integrating EOS’s new Trust EVM will grant the network this ability. The virtual machine, which will run as a smart contract, reportedly enables much higher throughput than other EVMs at 10,000+ TPS. By comparison, Visa reportedly handles around 1700 transactions per second, on average.
“Trust EVM will usher in the next generation of Defi and GameFi with limitless possibilities when combining the speed, throughput, and cost of EOS...
|Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend
Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%.
EOS rose for a second consecutive session to start the weekend, as prices raced to their highest level in over ten days.
After trading at a low of $2.34 on Friday, EOS/USD raced to an intraday peak of $2.52 during Saturday's session.
This is the most EOS has hit since April 7, and comes after prices moved away from the long-term support level to start the week.
As seen from the chart, this floor was at the $2.20 point, which prices hit following two weeks of declines, which commenced at a top of $3.17.
Since this drop, which also saw the 14-day RSI hit a multi-month low of 36.34, price strength has climbed, and now hovers below a ceiling of 52.
Should this resistance point be broken, we could see bulls look to push price towards the $2.65 level.
WAVES was also up on Saturday, as traders appear to have finally found a floor, following a recent bearish run.
Similar to EOS, prices of WAVES have been battling a red wave since March 29, which is when the recent bear run in crypto markets began.
This run has seen WAVES drop to a bottom of $20 on Thursday, which is its lowest point in over five weeks, and an area where bulls typically re-enter.
As of writing, WAVE/USD has risen to a high of $22.89 in today's session, after beginning the day tracking closer to ...
|Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday's ...
Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today's gainer, with FIL gaining over 30% in the session.
FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday's session.
The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62.
Today's peak follows yesterday's lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50.
From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today's high hitting its highest point since February 8.
Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10.
This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower.
Although ADA, DOT, and SOL were all almost 9% higher as of writing this, none rose as much as EOS on Monday.
Following a low of $2.56 to begin the session, EOS/USD climbed to a peak of $3.17, breaking out of its long-term resistance in the process.
Monday's move saw the world's 49th largest cryptocurrency surge past its ceiling of $2.77, on its way to its highest point since January 5.
Today's three-month high came as readings on the RSI indicator were off the charts, as price strength also rose to multi-month...
|EOS Price Surges 20% as Brock Pierce Reveals “Crazy Bet”
Block.one Co-founder, Brock Pierce, is confident in EOS's comeback this year. His latest comments came ahead of a massive rally, which drove the asset's price up by 20%.
After weeks of market stagnation, EOS finally escaped from a prolonged consolidation. While the cryptocurrency is still a few points down from erasing its losses for the year, the climb to a crucial $3 level came amidst a market-wide rally.
Much of the latest surge could be associated with Brock Pierce's tweet in which the former US presidential candidate expressed his conviction regarding EOS and said that he is 'fully engaged again.' Pierce added that 'major changes and progress finally happening' with regards to Helios.
He even went on to reveal trading all his shares in the company for EOS tokens.
'I, for one, traded all of my shares in B1 (the 240k BTC, Bullish, et al) for EOS tokens. I win with the community or lose with the community. Lots happening. Stay tuned. I made a crazy bet. All for eos and eos for all.'
A couple of years ago, EOS was one of the most well-funded blockchain projects with its staggering $4.1 billion ICO raise. Today, it is often touted as a 'ghost chain,' and not everyone is confident in its renaissance.
One of the major reasons for the downfall was Block. one's relationship with the EOS community turning sour.
According to EOS Network Foundation (ENF), the community has been let down by Block. one's lack of commitment to the EOS blockchain. All the subsequent launches, be it t...