EOS Network Rebrands To Vaulta As Part Of Web3 Banking Shift

The EOS network, which was launched during 2018, was renamed for the initial coin to Vauulta as part of its axis to focus on Web3 Banking.

On March 18 statementThe company said that the shift to Fallota is scheduled to be the end of May. The brand redesign will include a new symbol. A consultative group known as the Vaurta Consultative Council will also be created to help the company move in its new direction.

EOS icon to move to the vaulta code

In another statementThe company said that the original EOS network code will move to the Vaulta code. Although the details of the new Crypto index and technical details will not be revealed until later, the team said that the new symbol will be available in approximately 140 Exchange EOS is currently trading.

Investors will be able to exchange EOS symbols for the new Vaurta symbol through the Mubadala portal that will be provided in May.

A new era begins from funding.

After years of establishing institutions behind the scenes, we are excited to present VAULTA Next Frontier of Finance Web3 Banking 🏦

With the high popular currency, the most obvious regulations, the increasing demand for innovative financial products, … pic.twitter.com/6TLHR7MCA

EOS (EOSNETWORKFDN) March 18, 2025

The Blockchain network will also be inherited by the EOS network by VauTa.

EOS prices rise after the brand announcement

After its launch, EOS was the 10 best projects. However, its price since then has been a gradual decrease. Along with low price, encryption also decreased in the market classification. Coinmarketcap data It shows that altcoin The ranking is currently ranked 68, the largest encryption, depending on the maximum market, with its total number more than 948.85 million dollars.

Opinions differ about the error that occurred in the project. Some of those who volunteered to help develop the network said that there is a lack of support and guidance for the project.

Since its launch, the encryption price has decreased more than 40 %. However, the reaction of investors and merchants positively to the brand rename. After that, EOS has increased more than 24 % in the past 24 hours for trading at $ 0.6109 from 8:30 am EST.

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