EOS Network Rebrands To Vaulta As Part Of Web3 Banking Shift

The EOS Community that launched through the 2018 preliminary coin providing increase has rebranded to Vaulta as a part of its pivot to concentrate on Web3 banking.

In a March 18 assertion, the corporate mentioned that the change to Valuta is scheduled for the tip of Might. The rebranding will embrace a brand new token. An advisory group generally known as the Vaulta Banking Advisory Council may also be established to assist the agency transfer in its new route.

EOS Token To Transition To The Vaulta Token

In one other assertion, the corporate mentioned that the community’s native EOS token will transition to the Vaulta Token. Though the brand new crypto’s ticker particulars and technical particulars will solely be disclosed at a later date, the workforce did say that the brand new token will likely be out there on the almost 140 exchanges the place EOS at present trades. 

Buyers will have the ability to alternate their EOS tokens for the brand new Vaulta Token by means of a swap portal that will likely be made out there in Might.

A New Period of Finance Begins.

After years of constructing the foundations behind the scenes, we’re excited to introduce Vaulta subsequent frontier of finance Web3 Banking 🏦

With cryptocurrency’s rising recognition, clearer rules, & rising demand for progressive monetary merchandise,… pic.twitter.com/6TLlHR7MCa

— EOS Community (@EOSNetworkFDN) March 18, 2025

The EOS community’s blockchain infrastructure may also be inherited by Vaulta.

EOS Worth Surges After Rebranding Announcement

Following its launch, EOS was a high 10 challenge. Nonetheless, its worth has since been on a gradual decline. Together with the lower in worth, the crypto has additionally dropped available in the market rankings. CoinMarketCap knowledge exhibits that the altcoin is at present ranked because the 68th largest crypto by market cap, with its complete capitalization standing at greater than $948.85 million.

Opinions on what went unsuitable with the challenge range. Some who volunteered to help in growing the community mentioned there was an absence of assist and route for the challenge.

Since its launch, the crypto’s worth has dropped over 40%. Nonetheless, traders and merchants reacted positively to the rebranding announcement. EOS subsequently surged greater than 24% within the final 24 hours to commerce at $0.6109 as of 8:30 a.m. EST.

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