$EOS EOS Crypto Price Prediction: Analysts See $1.60 by May 2025 Amid Vaulta Rebrand
EOS is rebranding to Vaulta with plans of becoming a web3 bank, bridging DeFi with TradFi. The transition is without a hard fork. After token swapping, will EOSUSDT hit $.16? EOS is rebranding to Vaulta and plans to become a Web3 bank, bridging DeFi with TradFi. The transition will be without a hard fork. As EOS transitions into Vaulta ($A), analysts are still tracking the legacy token’s potential breakout toward $1.60 by May 2025.
EOS crypto conducted a one-year ICO and raised $4 billion; yes, $4 billion, not million.
Back in 2017 and 2018, many in the crypto space thought EOS could easily surpass Ethereum and was dubbed the “Ethereum killer.” Then came the crypto winter of 2018, which decimated the prices of assets, including the best cryptos to buy.
However, what truly hindered EOS was the baggage that came with raising such a massive sum and the lack of clear execution.
Brendan Blumer, the CEO of Block.One, was accused of lying and making unfulfilled promises. Whether funds were misused or redirected to other projects, such as the decentralized social media platform Voice or the exchange Bullish, this was detrimental to the project and its token holders. At its peak, EOSUSDT traded above $14. Fast forward to today; the coin is trading below $1, a shadow of its former self. If it weren’t for the community’s determination, EOS could have been labeled among the high-profile projects considered “dead.”That seems to be the past now. There is hope.
EOS is undergoing a bold reinvention, pivoting away from the EOS brand and rebranding to Vaulta. Under the new plan, Vaulta aims to become a Web3 bank with the ambition of being a key player in the institutional DeFi space.
The reinvention is strategic. It will fuse DeFi tools with legacy financial systems and offer multiple services, including wealth management via partners like exSat and Ceffu, a custodian.#Vaulta