$EOS

$EOS

As the most hyped coin in the past, after the third wave, we expect to see 1000. This morning, a renaming plan was also proposed. After this third wave, how much will we see?

EOS Network has announced it will be renamed to Vaulta, shifting its focus to Web3 banking services. This transformation comes with a token swap expected to be arranged by the end of May.

At the same time, the Vaulta Banking Advisory Committee has been launched, which is a team of experts from the finance and blockchain industries committed to bridging the gap between traditional banking and decentralized systems. Committee members include executives from Systemic Trust, Tetra, and ATB Financial.

Vaulta plans to retain its technological infrastructure from EOS Network, including smart contract architecture, decentralized databases, and inter-blockchain connectivity. As part of its Web3 banking initiative, the platform will integrate with exSat, a digital banking solution focused on Bitcoin.

Vaulta will leverage various partnerships with Ceffu, Spirit Blockchain, and Blockchain Insurance to expand its Web3 banking ecosystem. (BlockBeats)

After this news was released, it has risen by thirty percent so far. The token swap seems still early; there is often a lot of room for operation with these types of name changes. We will see if there are opportunities to enter later. I feel that it should not be difficult to reach 1 before the swap; after the third wave, it might be even higher. Once it stabilizes, it can be considered one of the preferred tokens. Do you think this time it will take off?