Major Shake-Up Fires Up EOS Price Rally

EOS, a blockchain undertaking that raised $4 billion in its year-long ICO in 2017, is rebranding to Vaulta. By way of this rebranding, the undertaking can also be shifting its focus to Web3 banking, with the transformation set to conclude in late Could 2025 however is “topic to affirmation and alter.”

EOS Rebrands To Vaulta

In a press launch, the staff said Vaulta will situation a brand new token and set up the Vaulta Banking Advisory Council to information its new monetary path. Technically, issuing a brand new token marks the tip of EOS, requiring holders to transition to the Vaulta token.

The token, which remains to be among the many best cryptos to buy, will probably be accessible on all exchanges the place EOS at the moment trades.

Per Coingecko data, EOS is listed on over 120 exchanges—together with Binance and Coinbase—and paired not solely with USD and stablecoins like USDT and USDC but additionally with main currencies like Bitcoin and Ethereum.

As a part of this transition, EOS will launch a swapping portal as soon as the transformation concludes in Could. The portal will allow present EOS holders to swap their holdings for Vaulta tokens easily and securely.

No particulars concerning the new token’s ticker or technical specs can be found but. Nevertheless, as soon as the portal is prepared, the staff will launch this info as EOS redirects its efforts and sources to Vaulta, which is able to focus totally on DeFi companies.

Vaulta will combine its monetary options by means of its BankingOS system, incorporating Bitcoin digital banking by way of exSat. This service is designed to reinforce monetary entry by means of blockchain-based banking options. Past exSat, Vaulta will acquire help from key companions, together with Ceffu, Spirit Blockchain, and Blockchain Insurance coverage Inc.

The aim will probably be to increase Vaulta’s capabilities in web3 banking as they develop the 4 pillars of “Wealth Administration, Client Funds, Portfolio Administration, and Insurance coverage.”

DISCOVER: 20+ Next Crypto to Explode in 2025 

Will EOS Reclaim Its Misplaced Glory?

This transition gives an enormous aid for EOS holders and undertaking supporters. Excessive expectations adopted the $4.1 billion ICO in 2017–2018.

Nevertheless, missing path and management, EOS slipped from the market cap leaderboard, failing to reignite investor curiosity through the years. The coin fell from $22 to under $0.40, trailing a number of the best meme coins to invest in 2025.

Block.one confronted accusations of misusing funds and neglecting the EOS blockchain, opposite to the guarantees of its extremely publicized ICO.

The group, by means of the EOS Community Basis (ENF), took authorized motion in opposition to Block.one, alleging it didn’t honor a $1 billion funding dedication from the $4 billion ICO.

The ENF claimed Block.one not solely misused funds but additionally uncared for the EOS ecosystem by redirecting sources to ventures like Bullish, searching for $4.1 billion in damages.

As Founding father of @EosNFoundation I share your frustrations! We’re taking additional steps to carry @B1 accountable for its previous actions and damaged guarantees in opposition to #EOS. Overview of ALL doable authorized recourse to hunt $4.1B in damages underway. Let’s do that collectively! #4BillionDAO coming

— Yves La Rose (@BigBeardSamurai) February 10, 2022

In December 2021, EOS block producers additionally voted to halt the issuance of 67 million vested EOS tokens to Block.one.

Yves La Rose, founder and CEO of the Vaulta Basis, mentioned the rebranding is greater than a beauty overhaul. Vaulta, he added, will launch after years of “planning and strategic improvement.”

In response to this announcement, EOS costs rose on March 18.

After losses all through Q1 2025, the token might get better sharply, doubtlessly reclaiming $1 and its 2024 highs of $1.5 within the coming classes.

EXPLORE: 10 Best AI Crypto Coins to Invest in 2025