As bulls and bears engaged in stiff competition, EOS investors have endured weeks of volatility. The tension in the market started during the second half of January after a handful of investors decided to book early profits.<\/p>\n
At the time of writing, the EOS token was trading at $1.25 after gaining 14.7% on the last day, with a 24-hour trading volume of $574.9 million. This represents a 233.7% increase from a day ago and points to a recent surge in market activity.<\/p>\n
Given the token’s price is up 18% in the last week, EOS is outperforming the broader crypto market that has only recorded a 9% increase within the same period. EOS is also doing better than similar smart contract cryptos that are up only 11.3%, based on CoinGecko data<\/a>.<\/p>\n The EOS Network is a generation-3, open-source blockchain platform boasting high performance, flexibility, security, and developer experience. Secured through delegated Proof of Stake (PoS)<\/a>, the network stands out for its technological stack and community resilience.\u00a0It also prides itself for being a community-led foundation (ENF) withe stellar user support.<\/p>\n The positive outlook for EOS crypto comes after the EOS Foundation Network (ENF) launched a new pool funding, christened ‘Pomelo Grants Season 5’.<\/p>\n In our continued commitment for supporting public goods on #EOS<\/a>, we are excited to announce the #ENF<\/a>'s @PomeloGrants<\/a> Season 5 matching pool funding!\ud83d\udcb0<\/p>\n $150k in $EOS<\/a> will be contributed \ud83e\udd11<\/p>\n \ud83d\uddd3 Feb 22 \u2013 Applications Open \ud83e\uddf5\ud83d\udc47 pic.twitter.com\/4zzZB9oZzj<\/a><\/p>\n — EOS Network Foundation (@EOSNetworkFDN) February 17, 2023<\/a><\/p><\/blockquote>\nEOS Foundation Network Launches Series 5 Pool Funding<\/h2>\n
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\ud83d\uddd3 March 1 \u2013 Donations Begin<\/p>\n