EOS Network Rebrands To Vaulta As Part Of Web3 Banking Shift

The EOS Community that launched throughout the 2018 preliminary coin providing growth 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 tip of Might. The rebranding will embody a brand new token. An advisory group often called the Vaulta Banking Advisory Council can even be established to assist the agency transfer in its new course.

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 staff did say that the brand new token will likely be obtainable on the almost 140 exchanges the place EOS at the moment trades. 

Traders will have the ability to alternate their EOS tokens for the brand new Vaulta Token by way of a swap portal that will likely be made obtainable 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 modern monetary merchandise,… pic.twitter.com/6TLlHR7MCa

— EOS Community (@EOSNetworkFDN) March 18, 2025

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

EOS Value Surges After Rebranding Announcement

Following its launch, EOS was a high 10 venture. Nonetheless, its value has since been on a gradual decline. Together with the lower in value, the crypto has additionally dropped out there rankings. CoinMarketCap information reveals that the altcoin is at the moment 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 venture differ. Some who volunteered to help in growing the community mentioned there was an absence of help and course for the venture.

Since its launch, the crypto’s value has dropped over 40%. Nonetheless, 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.

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