EOS Network re -brand Vaulta as part of the Web3 Banking Shift

The EOS network, which was initiated during the 2018 first coin offender explosion, re -branded Vaulta as a part of Pivot to focus on web3 banking.

On March 18 expressionThe company said the transition to Valuta was planned at the end of May. Re -marking will contain a new coin. A advisory group known as the Vaulta Banking Advisory Council will also be established to help the company move in the new direction.

EOS GETON for the transition to the Vaulta coin

In the other expressionThe company said the network will pass to the local EOS token’s vaulta coin. Although the new crypto’s ticket details and technical details will be announced only on a later date, the team said that the new coin will be present in about 140 stock markets EOS is currently trading.

Investors will be able to change EOS coins for the new Vaulta coin through a swap portal to be offered in May.

A new financial period begins.

After building the foundations behind the stage for years, we are excited to introduce Vaulta to the Next Frontier of Finance Web3 banking 🏦

Increased demand for the increasing popularity of Cryptourrency, clearer regulations and innovative financial products,… pic.twitter.com/6TLlhr7mca

– EOS Network (@eosnetworkfdn) 18 March 2025

EOS Network’s Blockchain infrastructure will also be inherited by Vaulta.

EOS price increases after re -branding announcement

Following the launch, EOS was the top 10 projects. However, the price has been experiencing a gradual decline since then. In addition to the decrease in the price, the crypto market ranking fell. CoinMarketcap data shows altcoin Currently, with its market value, the 68th is the largest crypto and its total capital is more than $ 948.85 million.

The views on what is going wrong in the project change. Some volunteer to help develop the network, said there was a lack of support and direction for the project.

Since the launch, the crypto price has fallen to more than 40%. However, investors and merchants responded positively to the re -branding announcement. The EOS then increased by more than 24% in the last 24 hours to trade at $ 0.6109 at 8:30 in the morning.

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