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news-imageAugust 17, 2022

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.
Publisher: Bitcoin
Sentiment: Positive
EOS

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EOS has maintained bullish movements after block producers approved the Spring 1.0 hardfork, scheduled for 25 September execution. The upgrade will modernize the blockchain with a new consensus mechanism and migration from web2 to web3. Further, the EOS platform will experience enhanced scalability, network security, efficient governance, and instant transaction finality.

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