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EOS Network is transforming into Vaulta, marking a major shift toward Web3 banking. This rebrand includes a token swap planned for late May, positioning Vaulta as a bridge between traditional finance and decentralized banking.
The EOS blockchain is currently under attack by malicious actors employing an address-poisoning scheme.
The cryptocurrency market opened the day on a cautious note as the overall sentiment leaned toward fear. The market cap saw a modest rise of 0.15%, settling at $2.72 trillion. However, trading activity slowed down slightly, with 24-hour volumes dipping by 1.59% to $71.59 billion.
Eager to shake off its past, EOS has rebranded to "Vaulta," with traders speculating on the future of the network's underlying token.
The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking. The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm's new direction, the company said in a March 18 statement.
EOS is rebranding to Vaulta as it pivots toward Web3 banking. Alongside this transformation, the platform plans to introduce a new digital asset, allowing EOS holders to exchange their existing tokens on a 1:1 basis for the newly minted currency.
Crypto prices were relatively mixed on Wednesday morning as investors waited for the Federal Reserve interest rate decision. Bitcoin remained above $80,000, while the total market cap of all coins fell to $2.7 trillion. The crypto fear and greed index rose to the fear zone of 21, much higher than the weekly low of 18.
EOS Network announced on March 18 that it will rebrand as Vaulta, marking a strategic shift toward web3 banking as it seeks to integrate decentralized technology with traditional financial systems. The transition, which includes a token swap, is scheduled for late May 2025, pending confirmation.
EOS, the public blockchain launched in 2018 to take on Ethereum, has rebranded to Vaulta as it pivots to “web3 banking.”
The transition includes a token swap and the launch of a banking advisory group.
EOS saw a strong rally, climbing 10.13% to $0.4884 by 20:32 (00:32 GMT) on Wednesday, marking its biggest one-day gain since March 2. This increase pushed EOSs market cap to $754.87 million, accounting for 0.03% of the total crypto market.
EOS saw a significant drop, plunging 11.09% to $0.4347 by 20:52 (00:52 GMT) on Tuesday, marking its steepest one-day loss since March 3. The decline pushed EOSs market cap down to $693.15 million, making up just 0.03% of the total cryptocurrency market.
EOS saw a sharp decline on Sunday, dropping 10.28% to $0.4834 by 14:00 (18:00 GMT) on the Investing.com Index. This marks the steepest one-day percentage loss since March 3.
EOS saw a sharp decline on Monday, dropping 10.14% to $0.5645 by 14:17 (19:17 GMT) on the Investing.com Index. This marked its steepest one-day loss since March 3.
EOS saw a significant surge on Sunday, climbing 10.41% to $0.6095, marking its biggest one-day percentage gain since January 3. The rally pushed EOSs market capitalization to $916.3 million, accounting for 0.03% of the total cryptocurrency market.
EOS fell 10.03% to $0.7236 by 22:16 (03:16 GMT) on Sunday, marking its biggest one-day drop since January 19. The decline pushed EOSs market cap down to $1.13 billion, accounting for just 0.03% of the total cryptocurrency market.
Bitcoin has extended gains above $100k, hitting highs of $105k as the market flips green amid anticipation ahead of Donald Trump's inauguration. XRP remained bullish and Ethereum, Solana and BNB traded above key levels. Meanwhile, EOS price has surged amid positive developments; Flare is up 20% and an analyst is bullish on Celestia.
EOS price jumped and crossed an important resistance level as Bitcoin and most altcoins bounced back. EOS (EOS) rose above the psychological $1 mark for the first time in almost two weeks.
Cryptocurrency prices today show strong bullish momentum, with Bitcoin rallying to $98K from $92K in a single surge as it marks its 16th anniversary. Internet Computer (ICP) and EOS emerged as top gainers, each recording a 15% price jump over the last 24 hours.
Popular layer-2 cryptocurrencies like EOS, IOTA, and Hedera Hashgraph were among the top gainers on Friday as Bitcoin found resistance at $97,000. EOS (EOS) surged to $0.
Story Highlights The live price of EOS crypto is . The EOS price is expected to reach a high of $2.353 in 2025. With a potential surge, the EOS price may achieve a top of $8.15 by the year 2030.
Greymass Team introduces EOS Wallet through MetaMask Snaps, bridging 30 million MetaMask users to the EOS network's Web3 ecosystem with enhanced functionality and security features.
The multichain landscape just moved a little closer after leading web3 wallet MetaMask added support for EOS Network.
EOS, a prominent cryptocurrency powered by the EOS.IO blockchain protocol, has seen a mix of ups and downs since its inception. Built to host decentralized applications (dApps), EOS has garnered attention due to its scalability and technological features.
