Protocol upgrades and Google Cloud integration lift EOS price 245% in 2021

On April 16 price soared to a new high at $8.49 and the current market structure for the altcoin suggests there is room for further upside.

EOS initially made headlines during the ICO craze of 2018 when its parent company raised a record $4 billion in funding to create the EOSIO software and in the past three months, the altcoin has nearly tripled in value.

EOS/USDT 4-hour chart. Source: TradingView