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EOS 22% pump steals the show unveiling Vaultas web3 banking ecosystem

EOS 22% pump steals the show unveiling Vaultas web3 banking ecosystem WikiBit 2025-04-03 08:04

EOS market cap explodes past $1.2 billion as Vaulta reveals four core pillars for the rebranded fina

  • EOS market cap explodes past $1.2 billion as Vaulta reveals four core pillars for the rebranded financial network.
  • The protocol‘s 17% staking mechanism dwarfs Ethereum and Solana, boosting EOS’s position as a strong player.
  • EOS announces exSat, a bridge for Bitcoin and a core gateway to the blockchain ecosystem that fosters access to liquidity.
  • The oversold daily RSI may threaten EOS‘s $1 target amid growing uncertainty post Trump’s ‘Liberation Day’ tariffs.

EOS, the token behind the recently rebranded Vaulta network, has increased by a staggering 22% in the last 24 hours. This significant pump follows the unveiling of key pillars behind the protocols Web3 banking ecosystem, which is expected to offer unwavering support to players in the financial system, Bitcoin and the digital asset industry.

Despite most cryptocurrency assets, including Bitcoin, pulling back after US President Donald Trump‘s ’Liberation Day‘ tariffs, EOS’s market cap exploded past $1 billion. It reached $1.2 billion, the highest level since mid-February.

EOS takes on Web3 with CeFi, DeFi, payments and RWA features

EOS, now called Vaulta, has announced the Vaulta Banking Advisory Council, which comprises banking experts, regulators, and digital currency stakeholders. In an X post, the network stressed that the core purpose of the council is to “bridge traditional finance and Web3 banking” by ensuring collaboration between banking, fintech and digital assets.

Introducing the Vaulta Banking Advisory Council

To bridge traditional finance and Web3, we've brought together seasoned leaders from banking, fintech, and digital assets.

Their strategic guidance ensures Vaulta stays compliant, credible, and ready for mass adoption.

Meet…

— Vaulta (prev. EOS) (@Vaulta_) April 1, 2025

EOS has built its banking ecosystem on four pillars: Wealth management, consumer payments, portfolio investment and insurance. With these, Vaulta can address challenges in CeFi and DeFi yield market for Bitcoin, enhancing consumer payments, real-world assets (RWA) and insurance powered by crypto assets.

The Four Pillars of Vaultas Web3 Banking Ecosystem

Vaulta is building a live, expanding financial network — powered by real partnerships, real use cases, and real users.

Here are the 4 pillars that anchor our Web3 Banking

— Vaulta (prev. EOS) (@Vaulta_) April 2, 2025

Vaultas exSat Network will function as a Bitcoin bridge, allowing the protocol to operate as a transport layer. In addition to unlocking liquidity for users in the ecosystem, exSat has been fronted as a gateway to the “broader blockchain ecosystem.” EOS hopes to attract big players like BlackRock, which has a growing interest in digital asset services.

Another feature of the rebranded network is the staking mechanism, which allows users to earn up to 17% yields. A 250 million token reward pool has been set up to support the staking reward system, elevating EOS above competitors like Ethereum and Solana, which range from 2% to 7%.

EOS bullish technical indicators hold steady

The EOS price increase touched $0.87 for the first time since January 20, extending the tokens remarkable turnaround from March support at $0.45 (marked green in the chart).

The Moving Average Convergence Divergence (MACD) signals a developing bullish structure supported by green histograms. For bulls, higher support above $0.8 and rising trading volume could validate a move to the short-term $1.

EOS/USD daily chart

A spike in social volume, per Santiment data, further validates the bullish outlook. However, this surge in the chatter around Vaulta should be taken with a grain of salt, as it could signal an impending retracement.

EOS social volume chart

The Relative Strength Index (RSI) is overbought at 78 and signals a potential correction that could be accentuated if traders book profits. As the risk of a pullback under $0.8 becomes apparent, traders may scout for support at the 50-day Exponential Moving Average (EMA), the 100-day EMA and the 200-day EMA between $0.66 and $0.60.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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