Cryptocurrency EOS demonstrated a rapid rally this week, breaking the previous high at around $18.50. Thus, its average rate increased by more than 80%, leaving all participants of the top 10 ranking CoinMarketCap far behind.


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Bulls are steadily pushing the price of the asset up against the background of positive news about the partnership with blockchain enthusiasts Michael Kao and Winnie Lee signed in early April, who will take part in the formation of the EOS global Fund for $200 million for the expansion of the platform in the Asian region.

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In addition, the startup that has developed a platform Block.one has entered into a partnership with the German investment firm FinLab AG, which will manage a venture Fund from EOS for $100 million to expand the platform in the European region.

It is worth noting that EOS, like Tron, intends to abandon the ER20 standard and switch to its own blockchain in the early summer of 2018.

Earlier, the social trading service eToro has added support for the EOS.



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