In significant news, EOS has embarked on a strategic shift to Web3 banking, rebranding itself as Vaulta. This rebranding is accompanied by a token swap set to occur on May 14th, which led to a 12% increase in EOS' price. Esteemed investor World Liberty Financial, backed by Donald Trump, has secured a partnership with Vaulta and acquired $6M in EOS tokens, thereby bolstering the cryptocurrency's market position.
Amid these developments, cryptocurrency analysts predict a possible rally ahead for EOS, fuelled by this extensive rebranding and strategic alignment with the Web3 banking sphere. Various user-friendly platforms such as Binance and Bitget have already pledged their support for the EOS token swap and rebranding to Vaulta. On a similar bullish note, EOS prices have surged 15% following Block.one's strategic partnership with Unico to advance U.S. energy storage, signifying its potential for further growth.
However, Tether has announced its aim to discontinue USDT support on EOS and other legacy blockchains, focussing on Layer 2 blockchain solutions. Despite this, MetaMask, a renowned cryptocurrency wallet, has integrated the EOS network, granting access to 30 million users to stake EOS coins. As we move towards the future, EOS' potential stems from its emergence as Vaulta and the ability it lends users to merge DeFi with traditional banking.
EOS Coin News Analytics from Fri, 23 Jun 2017 07:00:00 GMT to Fri, 24 Oct 2025 19:42:00 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor -3