TradingKey - EOS has jumped 20% to $0.80. It may soon challenge $1. 

On Wednesday, April 2, the crypto market continued its rebound. EOS surged over 20%. This morning, EOS quickly rose to a high of $0.81, currently sitting at $0.80.

EOS Price Trend Chart, Source: CoinMarketCap.

The EOS network rebranded to Vaulta on March 18. It is shifting to a Web3 banking model. Following this news, EOS's price soared about 40%, reaching $0.67. However, the momentum did not last, and the price retraced.

EOS Price Trend Chart, Source: TradingView.

In the last four days, EOS has rallied again, climbing over 50%. This is the highest since late January. Although the network announced a strategic shift, many details remain undisclosed. More information is expected by the end of May. Until then, this could be a good opportunity for a rebound. The next resistance level is around $1.