EOS has been facing a series of noteworthy changes recently. The cryptocurrency is undergoing a significant
rebranding exercise, shifting from EOS to
Vaulta, as part of its strategic move towards Web3 banking. This considerable transformation has stirred up the market, causing ripple effects on its price.
On the leadup to the rebrand, the
EOS price exhibited impressive growth, targeting $1 and soaring by a massive 35% in a short period. Market analysts anticipate a potential extended rally post-rebrand, with price predictions reaching as high as $100 in the long term and expected to challenge $1 with a 60% rally. There has also been an influx of keen interest from both institutional and retail investors. For instance, World Liberty Financial’s purchase of $3 million worth of EOS sparked some controversy while pumping the price by 12%.
The rebranding initiative has been coupled with a coin swap, raising interest and activity across leading cryptocurrency exchanges like Binance. Despite certain platforms, like Coinbase, reportedly not supporting the EOS to A migration, Binance has completed the swap and rebranding.
The EOS, now
Vaulta, is clearly setting its sights on future-proofing its services by aiming to merge decentralized finance (DeFi) with traditional banking. Additonally, the introduction of a new token catering to the Bitcoin-centric financial ecosystem indicates its ambitious plans. How these developments will impact Vaulta’s future value, recognition, and adoption remains to be seen.
EOS Coin News Analytics from Sat, 01 Jul 2017 19:31:19 GMT to Mon, 09 Jun 2025 07:00:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 5
