By Nermeen Nabil Khear 
TLDR
- EOS Network has rebranded to “Vaulta” and will pivot to focus on Web3 banking
- The rebrand triggered a 30-50% price surge, pushing EOS to $0.65-0.67
- Token swap from EOS to Vaulta tokens will occur in May 2025 at a 1:1 ratio
- Vaulta will focus on wealth management, payments, portfolio investments, and insurance
- Despite the surge, EOS remains down 188% from its all-time high of $22.89
The EOS blockchain network announced its rebrand to “Vaulta” on Tuesday as it shifts focus toward Web3 banking solutions. This strategic pivot caused the network’s native EOS token to jump 30% to $0.65 shortly after the announcement, according to CoinGecko data.
The rebrand comes as EOS aims to capture growing market demand for innovative financial products. The transition to Vaulta is scheduled for the end of May 2025.
During the transition, EOS token holders will be able to swap their tokens for the new Vaulta token at a 1:1 ratio. The swap process will be bi-directional for four months through a dedicated portal.
The new Vaulta token will be listed on nearly 140 exchanges where EOS currently trades. The token ticker and additional technical details will be disclosed later, according to an official statement.
Vaulta’s “Web3 Banking OS” plans to offer tools enabling fractional ownership of real-world assets. The platform will also support staking, custody, and Bitcoin yield strategies among other financial offerings.
Vaulta’s Core Features and Partnerships
The platform will build on existing EOS technology. It will include key upgrades to improve interoperability with other blockchain networks.
One main upgrade is a feature called exSat. This will support smart contracts on Bitcoin and allow Vaulta to interact with other blockchain networks.
The new system will feature one-second transaction finality. It will also offer C++ compatibility and Ethereum Virtual Machine (EVM) compatibility for smart contracts.
Vaulta is forming partnerships to expand its financial reach. Through collaborations with Spirit Blockchain, it will enable fractional ownership of real-world assets.
A partnership with Ceffu will focus on custody and yield strategies. Vaulta claims these partnerships will merge DeFi and traditional finance in a “secure environment.”
The project plans to establish a Banking Advisory Council. This council will guide the project’s direction and include representatives from fintech and web3 companies like Systemic Trust, Tetra, and ATB Financial.
EOS launched in 2018 as a challenger to Ethereum. It initially gained attention for its high transaction throughput and lower fees with its delegated proof-of-stake consensus mechanism.
A New Era of Finance Begins.
After years of building the foundations behind the scenes, we’re excited to introduce Vaulta next frontier of finance Web3 Banking
With cryptocurrency’s rising popularity, clearer regulations, & growing demand for innovative financial products,… pic.twitter.com/6TLlHR7MCa
— EOS Network (@EOSNetworkFDN) March 18, 2025
The project raised $4.1 billion through an ICO, which was a record at the time. EOS was initially seen as an “Ethereum killer” and a major contender in the blockchain space.
Within a year of its debut, the U.S. Securities and Exchange Commission filed charges against Block.one, the company behind EOS. The charges were for conducting an unregistered securities sale.
Block.one settled the case by paying a $24 million fine. This penalty was small compared to the $4 billion raised through the ICO.
Over time, EOS struggled with network congestion issues and “mutual voting” allegations. These problems led to a loss of market confidence and a drop in token value.
Despite the recent price surge, EOS remains down 188% from its all-time high of $22.89. This shows the long-term challenges the blockchain has faced since its early days.
Technical analysts suggest EOS may continue its upward movement. Some predict the token could reach between $0.80 and $1 if the current rally continues.
The rebranding has sparked renewed interest in what was once a top 10 cryptocurrency. EOS had fallen in rankings over the years as newer blockchains entered the scene.
The post EOS (EOS) Price: Blockchain Network Rebrands to Vaulta, Will Launch New Token in May appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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