How has the market performed after the rebranding of EOS?

After rebranding to Vaulta, EOS exhibited strong market performance in the short term, but faces challenges for long-term development.

On March 18, 2025, EOS announced the rebranding to Vaulta and transitioned towards Web3 banking services. Following the announcement, the price of EOS surged rapidly, increasing by over 35% in the past 8 hours, breaking the $0.64 mark and reaching a recent high. Subsequently, the price of EOS continued to rise, climbing from around $0.43 in early April to $0.84 on May 8, 2025, nearly doubling.

However, in the long run, Vaulta's development faces numerous issues, such as technology not meeting expectations, slow ecological development, and failures in governance mechanisms, which could adversely affect its market performance.