↑ Vaulta Emerges from the Ashes of EOS: A New Age for Web3 Banking?
EOS has seen substantial activity with a major shift, as it undertakes the process of rebranding itself to Vaulta while transitioning its focus...
EOS, a prominent cryptocurrency that hit the market, has undergone substantial changes. The network announced its rebranding process to Vaulta and a shift of focus from decentralised applications (dApps) to web3 banking. This change prompted notable cryptocurrency exchanges including Binance, Bitvavo, and Crypto.com to support the token swap and rebranding from EOS to Vaulta. This has sparked widespread speculation, driving the EOS price to rally up with expectations of extended price rallies.
However, platforms like Coinbase have expressed their inability to support the transition. Amid these developments, Trump-linked World Liberty acquired $6 million in EOS Tokens, drawing significant attention. In addition, Tether's announcement to end USDT support on multiple blockchains, including EOS, introduces a potential shift in the cryptocurrency landscape.
Despite multiple hurdles encountered, EOS (now Vaulta) has seen a price surge of 50% after their major announcement. There is still room for speculation around EOS's full potential, with ongoing debates on whether it remains a 'dead legend' or a potential explosion.
Eos Energy Enterprises Inc. also bolstered its standing after announcing a strategic partnership with Unico to advance U.S. energy storage, witnessing a stock surge of 15%. EOS's token received trading approval in Japan, causing the coin to surge nearly 10%. Finally, the CEO of EOS Network, Yves La Rose, sheds light on the history of EOS Network and its rebranding to Vaulta in a revealing episode.
EOS Coin News Analytics from Sat, 01 Jul 2017 07:00:00 GMT to Fri, 28 Nov 2025 07:51:20 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor 6
