According to PANews, the price of the EOS token experienced a surge in the early hours of April 25th, reaching $0.9653. It has since fallen back to $0.9391, but still shows a 24-hour increase of 11.23%.

Earlier in the day, a new economic proposal for EOS tokens was announced. The proposal aims to curb inflation by maintaining a fixed token supply of 2.1 billion and destroying 80% of the total future supply.