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 deal with Web3 banking.

In a March 18 assertion, the corporate mentioned that the change to Valuta is scheduled for the top of Could. The rebranding will embody a brand new token. An advisory group referred to as the Vaulta Banking Advisory Council will even 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 group did say that the brand new token shall be out there on the almost 140 exchanges the place EOS at present trades. 

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

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 revolutionary monetary merchandise,… pic.twitter.com/6TLlHR7MCa

— EOS Community (@EOSNetworkFDN) March 18, 2025

The EOS community’s blockchain infrastructure will even be inherited by Vaulta.

EOS Value Surges After Rebranding Announcement

Following its launch, EOS was a prime 10 undertaking. Nevertheless, 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 information reveals 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 incorrect with the undertaking range. Some who volunteered to help in creating the community mentioned there was an absence of help and route for the undertaking.

Since its launch, the crypto’s worth has dropped over 40%. Nevertheless, buyers 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.

Associated Articles:

Finest Pockets – Diversify Your Crypto Portfolio

Straightforward to Use, Characteristic-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Lively Customers