EOS is a decentralized operating system based on blockchain technology.  It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities. These enable businesses to build the blockchain applications in a manner that stays similar to that of web-based applications.

The objective of EOS is to provide a decentralized platform to host applications, implement smart contracts and use blockchain for businesses while hoping to solve the scalability issues faced by pioneering cryptocurrencies such as Bitcoin and Ethereum.

Currently, EOS (EOS) is trading at 2.65 USD with $2,400,591,172 as the EOS market capitalization with 906,245,118 EOS coins circulating currently. The 24-hour price movement chart indicates that 663,369,825 USD worth of EOS Coins were trading. The price value peaked at $2.6437 USD in the past 24 hours while the lowest price value was 2.5003 USD. EOS has retained its spot in the latest ranking of public blockchain projects released by the Chinese government.