VeChain Research Hub | VET information, history and analysis

VeChain (VET) signals bullish growth with both mid-term and long-term targets for 2025. The monthly chart displays a classic Cup & Handle pattern, commonly linked to an upward trend. This pattern typically suggests an upcoming breakout. Currently, VeChain is priced around 0.05074 USD, with mid-term targets set at 0.11300 USD and 0.16515 USD.

The social prominence of VET has been increasing, indicating rising interest from investors and traders. Aligning with the Cup & Handle breakout pattern, this elevated social interest can lead to price rallies. The Greed & Fear Index is showing a neutral to slightly greedy sentiment, indicating a stable market environment supportive of growth for VET.

Open Interest in VET has seen consistent growth, indicating heightened engagement from both retail and institutional investors. This aligns with the potential upward trend indicated by the Cup & Handle formation. However, traders should remain cautious if Open Interest rises while prices stagnate, as it may signal speculative activity that could lead to corrections.

VeChain’s price surged by 10.4%, now trading at 0.05218 USD after weeks of consolidation. This breakout indicates positive momentum, with resistance expected near 0.057 USD, paving the way for potential future gains.

Open interest has increased to 88.23 million USD, displaying growing trader confidence. Coupled with a Relative Strength Index (RSI) of 51.19, this suggests potential for continued growth without nearing overbought levels.

VeChain’s U.S. Patent approval represents a critical advancement in secure data handling via a new Key Management System. This system enhances enterprise applications and is expected to significantly impact VET’s growth trajectory in the cryptocurrency market.

Analysts project VET to increase 260% by 2025, with CoinCodex predicting a maximum price of 0.208 USD in April 2025. VET is likely to remain above 0.10 USD for several months, positioning itself as a leading crypto contender.

Litecoin remains significant in transactions: Litecoin (LTC) is priced at 127.35 USD with a market cap of 9.68 billion USD. Its fast transaction speeds and low fees make it ideal for micropayments, maintaining relevance as a top 20 cryptocurrency.

Aptos excels as a scalable blockchain: Aptos (APT) is priced at 13.18 USD with a market cap of 7,107 billion USD. Its Layer-1 Proof-of-Stake structure can handle over 150,000 transactions per second, positioning it well for Web3 applications.

Toncoin shows potential upside: Toncoin currently trades between 5.26 USD and 7.17 USD. With the Relative Strength Index at 33.88, it may experience a price increase if bullish trends continue, aiming for resistance levels of 7.94 USD and 9.85 USD.

VeChain displays strong growth despite challenges: VeChain has risen 115% in the last month despite a recent 20% dip. It currently trades between 0.0500 USD and 0.0692 USD. A potential breakthrough above 0.0790 USD could drive it towards 0.0982 USD.

VeChain’s Renaissance Initiative launched: VeChain (VET) has introduced the Renaissance Initiative, which features updated tokenomics and rewards systems aimed at promoting active participation in the network and increasing trading activity, bringing greater attention to VET in the upcoming bull market.

Active participation is essential for VTHO: Under the new earning model, VTHO will be awarded based on users’ active participation rather than mere holding of VET, which fosters engagement and is expected to enhance the overall network’s performance.

Stake limits and variable fees introduced: The New Validator structure has removed the staking cap for VET, incentivizing more extensive token lock-ups. Additionally, variable transaction fees will help manage network congestion more effectively, potentially boosting VET’s attractiveness.

VeChain (VET) has surged by more than 45% in just 24 hours due to optimism in the cryptocurrency market. Currently, VET is trading at 0.043 USD, after rising from 0.035 USD to 0.047 USD during the day. This reflects a shift in user interest and technological improvements by VeChain.

VeChain launches sustainability reward platform VeBetterDAO

VeChain, a Web3-focused blockchain ecosystem, recently announced the launch of its new platform, VeBetterDAO.

This initiative, revealed in collaboration with Nobel Laureate Sir Konstantin Novoselov, aims to promote sustainability by rewarding environmentally friendly actions with the $B3TR token.

VeChain announces the launch of VORJ, its ‘Web3-as-a-Service’ platform

In one of their latest announcements, the team has unveiled the details of their new service, the VORJ.

VORJ is a web3-as-a-service platform by VeChain, allowing anyone to create, deploy, and interact with smart contracts on the VechainThor blockchain.

VeChain partners with UCO Network

UCO Network, a platform providing used cooking oil traceability solutions, announced a new partnership with VeChain to build blockchain infrastructure for the biofuel sector.

VeChainThor will be UCO Network’s Layer 1 blockchain partner. In addition, the PoA consensus mechanism from VeChain also addresses UCO Network’s concerns of inefficient upgrade processes and wasteful uses of energy.