Vaulta, previously known as EOS, has plunged to a new historic low of $0.14, marking a significant drop. Over the past 24 hours, the token has fallen by 20%, with trading volume surging by over 400%. Market pressure suggests continued declines could follow.
Vaulta Price Hits Historic Low Amid Market Turbulence
Vaulta’s price has dropped drastically, with bears pushing through key support levels to establish a new historical low under $0.14. This rapid decline coincides with an increase in daily trading volume, which peaked at 128 million dollars, indicating heightened activity in the market. Previously, Vaulta reached $0.77 in May of last year before this sharp downturn.
For context, Vaulta underwent a rebranding from EOS at the beginning of 2025, transitioning from a smart contracts platform to a web3 banking network. The recent price surge appeared to fizzle out as optimism began to wane.
In contrast to recent gains seen in cryptocurrencies like Dash and Axie Infinity, Vaulta has suffered alongside others such as Kaito, marking it as one of the significant losers in the current market environment.
Technical Analysis Indicates Bearish Sentiment
The broader cryptocurrency market is facing panic selling, particularly as Bitcoin’s value decreased from its all-time high of $126,000. The loss of post-rebranding optimism has exacerbated seller capitulation, pushing Vaulta’s price to unprecedented lows.
Technical indicators paint a challenging picture for bulls. The token recently fell below its 50-day exponential moving average, acting as a resistance zone around $0.18 to $0.20. Additionally, the Relative Strength Index (RSI) has slipped towards the oversold territory, suggesting further downward movements could be on the horizon.
While some buyers may look for rebounds based on potential network upgrades or broader altcoin market recoveries, short-term sentiment remains negative, with open interest plummeting to $13 million. Moreover, data from Coinglass indicates a continued bearish trend, contributing to a weighted funding rate of -0.0294%.
John is a seasoned journalist at The Bothside News, specializing in balanced reporting across news, sports, business, and lifestyle. He believes in presenting multiple perspectives to help readers form informed opinions. His work embodies the publication’s philosophy that truth emerges from examining all sides of every story.
