Why Is EOS Regarded As A Leading Crypto In The Upcoming Bull Cycle?

As the outlook for the crypto sector turns bullish one cryptocurrency which might have escaped your attention might be worth looking at.


Credit: Bywire News, Canva
Credit: Bywire News, Canva
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LONDON (Bywire News) - After the turmoil of recent times, positive sentiment is returning to the crypto market. However, downturns change things. Those currencies that were popular before may not be so highly sought after now. One of those, it seems, is EOS. 

EOS has not always been an investor favourite. After its much-hyped ICO, the troubles of B1, coupled with a lack of development, saw it drop down the rankings. However, thanks to its recent network upgrade, EOS is back big time. It has been one of the strongest performers during what was otherwise one of the worst periods in the history of crypto.  

Many of these positive developments we are now witnessing have been in development since the start of the year. The ENF and the Antelope coalition have been developing Leap 3.1 ready for what the network termed independence day as it completed the hard fork of its codebase marking its final break from the last remnants of B1 influence. Since then, EOS has been attracting strong market support and investors are sitting up and taking notice. 

A number of articles have given EOS the nod due to its highly supportive network for developers which personalises the EOS Network user experience and empowers developers making industry-leading products. These articles have also mentioned EOS’ industry-leading infrastructure for building scalable applications. 

An article published on Tuesday described EOS as a “flexible-forward-driven crypto” while going on to add “EOS (EOS) operates an open-source blockchain platform that is fast, efficient, highly configurable, developer-focused, secure, and compliant.”

Previously to this, CoinCodex published an article stating “EOS has been widely regarded as the most scalable and programmable crypto asset on the coin market. The platform leverages innovative technology and strong community backing to provide developers exclusive support for building unique projects they may find difficult to build on other Blockchain networks.”

With hopes to reaffirm the idea of positive coverage around EOS, there has been collective support for the media creation around EOS since the community moved away from B1 despite the events with B1 only occurring less than a year ago. 

EOS stands out from the crowd due to the way its fundamentals speak for themselves with community support for the network at its all-time high. The positive sentiment doesn't seem to end there as there are many ongoing network developments that will undoubtedly entice community engagement even further. These initiatives all tie into pushing EOS as the leading crypto for the future.

(Writing by Samba Jallow, editing by Klaudia Fior and Tom Cropper)

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