The EOS blockchain is one of the most popular Layer-1 smart contract protocols in the crypto space. Created to allow for scalability, EOS is publicly seen as a direct rival to Ethereum’s dominance in smart contracts.
This has seen several experts speculate on EOS price predictions for future years following its strong use case in the decentralised economy.
If you are keen on learning how far the EOS crypto price could rise, then this guide should help you get started. We will also cover how the EOS blockchain works and if EOS is the best crypto to buy in 2022.
EOS Price Prediction – Overview
In 2022 the EOS price has been rallying with the broader crypto market, which has recovered to back over $2.1 trillion. The EOS price today is trading around $2.8, which can fluctuate by several percent a day. The EOS price rose 23.8% in March, to round out Q1 2022.
If you’re researching some possible EOS price predictions for the next few years, in the most bullish case we could see:
- December 2022 – EOS trades in the double digits, up to $15
- December 2023 – EOS crypto price reaches $30
- December 2024 – Further price discovery and a pump $40
- December 2025 – the most optimistic EOS price prediction 2025 wise could see a blow-off top near $80, even a short term wick to $100
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
EOS Price History
The EOS token price has seen several market movements in the past year. EOS has struggled to rediscover its form since hitting an all-time high (ATH) of $22.89 in 2018. Despite this, the EOS price has largely traded in tandem with the broader crypto market. Here are a few snapshots of EOS price movements.
- EOS opened 2021 at a low price peg of $2.63, as the crypto markets entered a bull run
- The utility token surged more than 100%, jumping to $7.89 in mid-April 2021
- A slight correction saw the EOS coin lose some steam as the price corrected to the $5 range.
- This eventually served as a springboard for EOS as the digital asset surged to a 52-week high of $11.18 on May 14th, 2021
- However, a broader bearish storm saw EOS lose most of its gains
- EOS has largely traded in the $2.5 and $2.9 for most of 2022. The EOS price now is $2.8
- This presents a good entry point to invest in the asset before a major price rally.
- NowPayments added EOS Payment Support For Merchants
Popular crypto payment facilitator NowPayments has recently extended its services to cover the EOS token. The company announced a set of tools that will enable businesses and medium-scale merchants to accept EOS payments.
This could see them use it either for services rendered or push charitable donations. EOS joins a list of over 100 top-performing digital assets on the NowPayments network, and businesses will be able to integrate through APIs, plugins, invoices, donation tools and customised solutions.
The low fee structure of the EOS cryptocurrency would likely appeal to businesses looking for more optimised ways of connecting with their customers.
EOS Price Prediction 2022
The EOS blockchain is expected to play a crucial role in the rapidly-evolving decentralised economy. Although the project is one of the more quiet ones, a growing use case could see it end the year on a high note.
This section sums up some EOS forecasts for the remaining months of the year:
- April 2022 – EOS breaks out above the $3 level
- May 2022 – A strong impulse move with bullish momentum sees EOS rise north of $4.5
- June 2022 – EOS price stabilises at $4.8
- July 2022 – A modest rise pushes EOS to $5.345
- August 2022 – EOS price rises to $6.5
- September 2022 – EOS crypto price rises to $7
- October 2022 – EOS shoots up to $11.5
- November 2022 – EOS crosses the $13 mark
- December – EOS price rises to $15, closing the year on a positive note.
However, the crypto markets are highly unpredictable, and there could be a major price reversal. This could see EOS perform much less than we are projecting or even higher.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
EOS Price Prediction 2023
The crypto market is known to take a breather after the year ends. Given this, EOS may likely not hit the ground running. Our EOS price predictions place the crypto asset price below the $10 mark following the holiday season. However, this period of price consolidation is not expected to last for too long.
EOS would likely pick itself up and shoot back up again.
This could see it reclaim its $15 price point and continue to grow in a bullish uptrend.
A strong market adoption of decentralised protocols and much more substantial integrations would push the EOS coin price to $30 at the tail-end of the year.
EOS Price Forecast Long Term Outlook – 2025 Prediction
The crypto space is expected to mature even more as blockchain technology gains momentum. Recent data from Grand View Research points out that distributed ledger technology is expected to see a compound annual growth rate (CAGR) of 85.9% from 2022 to 2030.
Popular digital assets like Bitcoin and Ethereum are expected to lead the nascent industry into another round of growth in Web3. The EOS blockchain is likely to follow along closely. If this happens, we could see our EOS price prediction for 2025 play out and the price of EOS hit $80. This would reflect a strong investor interest to tap into the highly scalable open-source project.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Potential Highs & Lows of EOS
The decentralised finance (DeFi) race is expected to heat up in the coming years. Currently, the DeFi ecosystem has over $210 billion in total value locked (TVL) with more room for growth. While Ethereum remains a clear favourite in the new decentralised ecosystem, the protocol has a maximum throughput of 17 transactions per second (TPS).
Despite its slow pivot to a proof-of-stake (PoS) consensus algorithm, the Ethereum network may likely still be outfitted by projects like EOS that already boasts blazing speed.
Given this, here are some of the potential highs and lows of the EOS blockchain in the coming years.
Year | Potential high | Potential low |
2022 | $15 | $2.50 |
2023 | $30 | $10 |
2025 | $80 | $20 |
What is EOS Used For?
The EOS blockchain is a canopy for several use cases starting from its utility token, also called EOS. Here are a few uses for the EOS blockchain and its token.
The EOS token is majorly used for settling transactions on the network. A developer looking to build a decentralised application on the network would typically need the EOS coins to use the platform’s resources.
- EOS For Passive Income Generation
Aside from functioning in the developer ecosystem, the EOS coin can also be tapped to earn passive earnings. Using a delegated proof-of-stake (dPoS) consensus algorithm, the EOS blockchain is properly-suited for crypto staking activities. Crypto staking involves holders of a PoS network’s token to lock up their coins for a particular period to secure the network. In return, stakers are rewarded with newly minted tokens.
Several cryptocurrency exchanges like Binance offer staking features for the EOS coin. You can generate as high as 10% APY monthly for staking your EOS tokens.
Read our full guide to earning interest on crypto.
The EOS blockchain does not operate in a vacuum. Instead, the protocol relies heavily on an operating software duly termed EOS.IO. Created by principal blockchain tech partner Block.One, the EOS.IO manages and controls the activities of the network.
The operating software enables vertical and horizontally scaling of decentralised applications (dApps), thereby allowing development teams to build in a free and high-performance environment.
- EOS As Bridge Between Blockchain And Web2
The blockchain ecosystem is gradually building out a new internet infrastructure called Web3.0. This infrastructure allows users to retain their data and also monetise their content with full control.
However, most blockchain protocols still rely heavily on traditional Web2 infrastructure. This is where EOS comes in.
The blockchain protocol enables the seamless transfer of data and values between blockchain protocols and the internet as we currently know it. This way, blockchain-based applications can easily function as their web-based applications, thereby boosting adoption in the long term.
The EOS protocol also includes secure access and authentication, permissioned infrastructure, data hosting, and usage management tools.
What Drives the Price of EOS?
The crypto market is largely dictated by the price movement of the premier digital asset, Bitcoin. This is due to Bitcoin’s deflationary tendencies that make it a reserve currency for other cryptocurrencies.
Additionally, Bitcoin is the foremost decentralised currency hence its key market control. A price jump or drop would reflect on altcoins like the EOS token. Even as such, the EOS project also has a lot of say in how far its token rises or dips.
Most blockchain protocols rely heavily on ecosystem expansion through integrations to boost their token’s utility. The EOS blockchain has largely been slow in this aspect, with its last major integration coming in 2021. Additionally, Layer 1 smart contract platforms have relied on grants targeted at attracting developers into their ecosystem. This usually has the positive effect of allowing more developers to use its codebase to build dApps.
However, the utility token has remained one of the most adopted crypto assets globally.
Where to Buy EOS
EOS currently boasts $3.1 billion in a fully diluted market cap. The asset is currently ranked as the 49th most valuable crypto asset by market valuation. Given this, several digital asset exchanges offer trading support for the EOS token. However, choosing the best one for you to track the EOS token and make EOS forecast can be a tad difficult.
To solve this, we reviewed several popular choices and social trading leader eToro came out tops.
eToro – Best Crypto Broker to Buy EOS
eToro comes fully packed with a lot of user-focused services and a great trading experience.
The eToro platform was launched in 2007 by the Assai brothers and David Ring. From its earliest stage, eToro functioned more in the traditional financial landscape, where it offered commodities, stocks, bonds, FX pairs and its industry-leading copy trading services.
However, the online broker has expanded its services into the crypto space. eToro currently supports over 50 popular digital assets. While its direct competitors may boast a large amount of crypto support, there are a few things we believe makes eToro stand head-over-shoulders above the rest.
eToro offers low crypto trading fees, and you can invest from just $10! It’s also the world’s leading social trading platform, allowing you to follow and interact with some of the top crypto traders in the world.
This crypto exchange is fully regulated, so it’s a really secure place to buy and sell crypto, and it offers a variety of different ways to fund your account, including PayPal.
What We Like
- Social network for investors
- User-friendly and frictionless
- Features two powerful tools, namely CopyTrader and CopyPortfolio
- Heavily regulated by the FCA, CySEC, ASIC, and FINRA
- Features zero deposit and account maintenance fees
- eToro charges 2.46% for opening, closing, and transaction fees
- Minimum deposit varies
Cryptoassets are a highly volatile unregulated investment product.
Is EOS the Best Crypto to Buy in 2022?
The EOS project is one with huge potential. However, the singular question investors have is if the EOS token is the best crypto to hold this year. While the list of top projects to hold cannot be exhausted, we have picked our best crypto investors should watch out for this year.
Based on the Binance Smart Chain (BSC) network, Lucky Block is a new crypto protocol that has been gaining momentum in the last few months.
The project launched in late January 2022 – a week earlier than the stipulated launch date due to the huge success of its presale phase. The Lucky Block protocol is focused on redefining the lottery and online gambling industry by enabling a much fairer and more transparent framework through blockchain technology. The network provides players more chances of winning as there are more draws and the system is rig-free.
During the conclusion of its presale phase, the Lucky Block community stood at an organic valuation of 19,000 subscribers on its Telegram channel. This figure has since more than doubled with community members now standing at well above 40,000 subscribers.
The Lucky Block has also been blazing in the broader crypto market. LBLOCK token surged more than 3,000% from its listing price of $0.00020 to an all-time high (ATH) of $0.009617 in mid-February.
This was during the strong bearish grip of the broader crypto market. However, a market consolidation saw the LBLOCK token drop to $0.0023. In the last few days, the digital asset has continued to make headlines and recently climbed 120% in a 24-hour window and touched the $0.0038 mark. At press time, LBLOCK has shed off some of its gains and is trading at $0.00301.
The blockchain protocol has also been increasing its appeal and use cases. The Lucky Block project recently announced the launch of a unique 10,000 non-fungible token (NFT) project called the Lucky Block Platinum Rollers Club. Here, users will be able to access one-of-a-kind NFT assets that gives them exclusive access to the Lucky Block protocol.
The project is currently fleshing out its V2 upgrade for better integrations with centralised exchanges. Plans are already underway to launch on the Binance exchange. If you’d like to buy Lucky Block, you can follow these easy steps.
Step 1 – Set Up a Wallet: You need to set up a compatible wallet with the Binance Smart Chain. We recommend using the Trust Wallet.
Step 2 – Buy/Transfer BNB: If you have Binance Coin in your portfolio, you can easily transfer them to your Trust Wallet. If you don’t, you can just buy them from a reputable broker like eToro.
Step 3 – Connect Wallet to PancakeSwap: The next step is to pair your wallet to PancakeSwap following the instructions in your wallet.
Step 4 – Buy Lucky Block: Once your wallet is synced with the exchange, you can easily buy LBLOCK using the BNB balance in your wallet.
Cryptoassets are a highly volatile unregulated investment product.
Conclusion
The EOS blockchain has come a long way since launching in 2016. While the protocol has been touted as a likely successor to Ethereum, EOS has not lived up to expectations.
New protocols like Solana and Avalanche have arguably replaced EOS as the most promising projects. Both of those, and EOS, are available on eToro.
If you are a value-driven investor, then selecting Lucky Block should be the way to go. The project has real-world utility as it is targeting a niche market in the online gambling space. The opportunities abound for savvy investors to generate returns from the lottery-based token. Lucky Block’s meteoric rise also makes it our top pick for the best crypto to invest in 2022. A record increase of 3,000% in less than four months cannot be easily ignored. The recent release of the LuckyBlock NFT provides opportunities for investors to add LBLOCK to their portfolio now that the price is still affordable.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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