As part of the Web3 banking shift, the EOS network changes its brand to Vaulta.

The EOS network, which was released during the early coin operating boom in 2018, changed its brand to Vaulta as part of Pivot to focus on WEB3 banking.

March 18th nameThe company said that the transition to Valuta is scheduled at the end of May. The brand change includes a new token. Advisory groups, known as Vaulta Banking Advisory Council, will be established for the company to move in a new direction.

EOS tokens switching to Vaulta tokens

other nameThe company said that the basic EOS token of the network will be switched to Vaulta tokens. NEW CRYPTO’s market price details and technical details will be released later, but the team says the new token can be used at almost 140 people. exchange Where EOS is currently trading.

Investors can exchange EOS tokens with a new Vaulta token through the swap portal that will be provided in May.

The new financial age begins.

After years of foundation, we are happy to introduce Vaulta Next Frontier of Finance Web3 Banking.

Cryptocurrency’s popularity has increased and the demand for clear regulations and innovative financial products… pic.twitter.com/6tllhr7mca

-EOS Network (@eosnetworkfdn) March 18, 2025

The blockchain infrastructure of the EOS network will be inherited by Vaulta.

EOS prices soar after the brand change.

After launch, EOS was a top 10 project. But the price gradually fell. As the price decreased, encryption fell in the market rankings. CoinmarketCap data Show it altcoin Currently, the company has ranked 68th largest with its market cap, with a total capital above $ 998.85 million.

There are many opinions on the problem of the project. Some people who volunteered to help develop the network said they lacked the support and direction of the project.

Since its launch, encryption prices have fallen more than 40%. But investors and merchants responded positively to the brand change. Since then, the EOS has surged more than 24% over the last 24 hours and has been trading at $ 0.6109 based on EST 8:30 AM.

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