Vaulta's new label saw a 31.2% surge within 24 hours, with prices breaking through $0.8. Just in March, EOS was renamed Vaulta, and EOS also surged by 30%. The consecutive surges can be dazzling, inevitably leading one to ponder: 'Is this a resurrection or salvation?' 'Has EOS really transformed with Vaulta, rising from the ashes?'

This cryptocurrency, once known as the king of Initial Coin Offerings (ICO) and the Ethereum killer, had a glorious start—founded by a tech giant, supported by industry bigwigs, and at one point ranked in the top five in market capitalization. However, with EOS's own technical issues and intensified market competition, the hype around EOS faded, and its price followed suit, with its market cap now falling to over 90th place, nearly reaching a state of 'this coin does not exist'.

From being chased by thousands to being scorned by many, let us trace the ups and downs of EOS over the past seven years, dissect Vaulta's movements, unveil the true nature of EOS, and see if it is the rebirth of the 'Web3 bank'.