Why did the price of VET fall?
VeChain (VET) dropped 4.25% in the last 24 hours, underperforming the overall crypto market, which fell by 1.98%. This decline is mainly due to challenges breaking through key price levels, a slowdown in interest for altcoins, and some investors cashing out after recent excitement around the Stargate staking program.
- Technical Resistance Hit – VET couldn’t stay above the $0.025 price level.
- Less Altcoin Buying – More money moved into Bitcoin, increasing its market share.
- Profit-Taking After Stargate Staking – Early stakers are selling some of their rewards.
Deep Dive
1. Technical Resistance Hit (Negative Signal)
VeChain’s price struggled near a key technical level around $0.02547, which is important because it often acts as a barrier for price increases. Although some indicators showed a slight positive signal, the trading volume was low, limiting upward movement.
What this means: Since VET couldn’t push past $0.025, many traders sold their holdings, triggering automatic sell orders. The market showed uncertainty, with neither buyers nor sellers fully in control. The price stayed mostly between $0.02381 and $0.02503, with sellers dominating near the top.
What to watch: If VET can rise above the 200-day moving average (around $0.02643), it could signal a recovery. But if it falls below $0.02381, it might drop further toward its August low near $0.02220.
2. Less Altcoin Buying (Mixed Impact)
The Altcoin Season Index, which measures how well altcoins like VET are doing compared to Bitcoin, dropped by 2.78% to 70. Meanwhile, Bitcoin’s dominance in the market increased by 0.59% to 57.33%. This means investors are favoring Bitcoin over altcoins right now.
What this means: VET’s price drop was sharper than the overall market, showing it’s weaker compared to other cryptocurrencies. Without new developments or news, altcoins like VET are seeing less buying interest.
3. Profit-Taking After Stargate Staking (Negative Signal)
The Stargate staking program launched on July 1 gave out $15 million in rewards, which initially boosted VET’s price. However, recent data shows that many early participants are now selling their rewards. Over 144,200 wallets have reduced their VET holdings since August.
What this means: The excitement from the staking rewards is fading, leading to selling pressure. Since there are about 85.98 billion VET coins in circulation, even small amounts being sold can affect the price noticeably.
Conclusion
VeChain’s recent price drop is due to a mix of technical challenges, less enthusiasm for altcoins, and investors cashing out after staking rewards. Despite this, VeChain’s partnerships and compliance efforts, like with Franklin Templeton and MiCA regulations, remain strong. For now, it’s wise to be cautious.
Key levels to watch: Can VET hold the $0.02381 support? If it falls below this, selling could speed up. But if it bounces back above $0.02480 (the 50% Fibonacci retracement level), the price might stabilize. Keep an eye on the CMC Fear & Greed Index for overall market sentiment.
What could affect the price of VET?
VeChain’s price is currently influenced by a balance between growing business use and overall market ups and downs.
- Staking Rewards – A $15 million reward pool could increase demand for VeChain.
- Cross-Chain Growth – The Wanchain bridge opens up new opportunities for decentralized finance (DeFi).
- Regulatory Approvals – Meeting European regulations (MiCA) makes VeChain more attractive to institutional investors in the EU.
Deep Dive
1. Project-Specific Drivers (Positive Outlook)
Overview: VeChain launched its StarGate staking program in July 2025, offering $15 million in VTHO rewards to users who stake at least 10,000 VET tokens. At the same time, partnerships with big names like Franklin Templeton (including BitGo custody integration) and UFC’s Dana White as an advisor are boosting VeChain’s credibility with institutional investors.
What this means: More people staking their VET tokens means fewer tokens are available for trading, which can push prices up if demand grows. Collaborations with companies like Walmart China, which uses VeChain for supply chain tracking, add real-world value. With over $140 million already staked, many holders are locking up tokens to earn rewards, which could create upward price pressure if buyers outnumber sellers.
2. Market & Competition (Mixed Outlook)
Overview: VeChain competes with other enterprise blockchains like Hedera and Ethereum. Its Wanchain bridge connects VeChain to over 40 other blockchains, improving its ability to work with different networks. However, newer projects like BlockDAG are attracting attention with very high presale returns (up to 2900%).
What this means: VeChain’s early presence in areas like sustainable logistics (through partnerships with organizations like 4ocean) offers stability. But investors may shift their focus to newer “story-driven” coins, which could limit VeChain’s short-term gains. Currently, VeChain holds about 0.052% of the market, leaving room for growth if adoption picks up.
3. Regulatory & Economic Factors (Positive Outlook)
Overview: In May 2025, VeChain received a MiCA license, allowing it to operate legally within the European Union. Additionally, the U.S. SEC’s July 2025 guidance classified VET staking rewards as non-securities, lowering regulatory risks for American investors.
What this means: Clear regulations make it easier for big investors to get involved. With $145 billion flowing into Bitcoin ETFs, VeChain’s environmentally friendly use cases could attract extra interest as investors look for compliant alternative cryptocurrencies.
Conclusion
VeChain’s future price depends largely on how many users keep staking their tokens and how quickly businesses adopt its technology. The $0.024 price level is an important support point to watch. Also, keep an eye on the VET/BTC trading pair for signs of a broader altcoin market rally. The key question is whether VeChain’s practical applications can outperform more speculative projects in a market that’s currently neutral. Watch for new partnerships and changes in VTHO token usage in the last quarter of 2025 for important clues.
What are people saying about VET?
VeChain’s community is debating whether recent staking upgrades will lead to a price rally or if technical indicators suggest a deeper correction. Here’s the latest:
- Analysts predict a potential 300% rally if VET holds support at $0.022
- The launch of Stargate staking is driving optimism due to reduced token supply
- Mixed signals as the price tests key resistance near $0.024
Deep Dive
1. @johnmorganFL: "Massively strong support" for 300% rally
"VeChain is at a critical support level — its valuation is similar to pre-Stargate levels despite ecosystem growth. Staking reduces inflation, which could create scarcity."
– @johnmorganFL (82K followers · 240K impressions · July 18, 2025, 09:05 UTC)
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What this means: This is a positive sign for VET. With 5 billion VET tokens already locked through staking, the reduced supply could push prices higher if demand increases.
2. @CryptoMichNL: Stargate staking’s $15M rewards go live
"The fundamental growth isn’t yet reflected in the price — VET could rally strongly after the July 1 upgrade, especially with institutional-grade custody through BitGo."
– @CryptoMichNL (310K followers · 1.2M impressions · May 15, 2025, 06:33 UTC)
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What this means: This is a bullish trigger. The combination of more people staking (over 144,000 new wallets) and fewer tokens being sold due to locking could support upward price movement.
3. CoinMarketCap Community: Breakout battle at $0.0232 resistance
"VET is testing resistance at $0.02320 with a 1.68% gain. A breakout above $0.024 could confirm an uptrend, but failure might lead to a drop to the $0.01771 liquidity zone."
– CMC Technical Analyst (August 2, 2025, 05:46 UTC)
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What this means: The outlook is uncertain. If VET closes above $0.024 daily, it would challenge bearish trends. However, if it fails to break through, the price could continue declining, extending a nearly 5% drop over the past 60 days.
Conclusion
The overall view on VeChain is mixed. Strong staking fundamentals, including the BitGo partnership and 5 billion VET tokens staked, suggest long-term value growth. However, the price is currently stuck between support at $0.022 and resistance at $0.024. Keep an eye on the staking participation rate after the Stargate launch — if the number of wallets staking stays above 150,000, it could indicate renewed confidence in VET’s deflationary model.
What is the latest news about VET?
VeChain is making steady progress by balancing business partnerships with expanding its blockchain ecosystem. Here’s the latest update:
- Enterprise Upgrades & Partnerships (September 11, 2025) – Introduced new technology upgrades to attract developers and improve network performance.
- BitGo Custody Integration (July 29, 2025) – Added secure, regulated storage options for institutional investors.
- Wanchain Cross-Chain Bridge (July 10, 2025) – Connected VeChain to Bitcoin, Ethereum, and over 40 other blockchains to boost decentralized finance (DeFi) liquidity.
Deep Dive
1. Enterprise Upgrades & Partnerships (September 11, 2025)
What happened:
VeChain launched a new consensus mechanism called Weighted Delegated Proof-of-Stake (WDPoS). This upgrade makes the network more decentralized and flexible for users who stake their coins. They also improved compatibility with Ethereum’s system (Ethereum Virtual Machine or EVM), making it easier for developers familiar with Ethereum to build on VeChain. Partnerships with companies like Franklin Templeton and Swedish ETP providers are working to connect traditional finance with VeChain’s blockchain, especially for tokenized assets (digital versions of real-world assets).
Why it matters:
These upgrades make VeChain more attractive to businesses and developers by aligning with Ethereum’s popular technology and offering regulated options for institutions. While these changes could help VeChain grow over time, the immediate effect on its price was small, with a slight drop of 3.22% in 24 hours.
(MEXC News)
2. BitGo Custody Integration (July 29, 2025)
What happened:
VeChain teamed up with BitGo to provide regulated custody services. This includes multi-signature wallets (which require multiple approvals for transactions) and insurance coverage up to $250 million. This setup helps big investors like Franklin Templeton safely hold VeChain’s VET tokens and other digital assets.
Why it matters:
For large institutions to invest in cryptocurrencies, they need secure and compliant ways to store their assets. This partnership removes a major obstacle for institutional adoption. However, VeChain’s price fell by 11% after the announcement, indicating a cautious market response.
(CoinJournal)
3. Wanchain Cross-Chain Bridge (July 10, 2025)
What happened:
VeChain integrated with Wanchain’s cross-chain bridge, allowing its tokens (VET, VTHO, and B3TR) to move freely across Bitcoin, Ethereum, Solana, and more than 40 other blockchains. At launch, this bridge handled $116 billion in decentralized finance (DeFi) assets.
Why it matters:
This cross-chain connection increases liquidity and usability for VeChain’s ecosystem by linking it with major blockchains. However, VeChain faces strong competition from established DeFi platforms like Ethereum. After the launch, VET’s price rose 2.15% over the week but then pulled back.
(Bitcoinist)
Conclusion
VeChain is focusing on strengthening its business partnerships and expanding its blockchain’s capabilities through technical upgrades and cross-chain connections. Despite these efforts, the overall crypto market remains volatile, with a slight decline of 1.18% in total market value over 24 hours. The key question is whether institutional investments, like Franklin Templeton’s tokenized fund, can help VeChain overcome challenges facing the broader altcoin market.
What is expected in the development of VET?
VeChain is moving forward with several key updates:
- Hayabusa Mainnet Overhaul (Q3 2025) – Updates token economics, staking, and VTHO token distribution.
- Interoperability Workshop (September 8, 2025) – Teaches developers how to connect VeChain with other blockchains using Wanchain technology.
- Online Hackathon (September 22 – October 6, 2025) – Offers $30,000 in prizes to encourage building new apps on VeChain.
- Intergalactic Phase (2026 and beyond) – Aims for global adoption and better integration with existing web technologies.
Deep Dive
1. Hayabusa Mainnet Overhaul (Q3 2025)
What’s happening:
This is VeChain’s biggest upgrade in 2025, focusing on improving how rewards are given and making the network more decentralized. The update will reduce the amount of VTHO tokens created by about 30%, change how consensus works, and introduce a new staking system that rewards users who actively support the network (VeChain Foundation).
Why it matters:
This could encourage more people to hold and use VET tokens long-term, which is positive for the network. However, there might be some price swings as the changes take effect.
2. Interoperability Workshop (September 8, 2025)
What’s happening:
VeChain Builders is hosting a workshop to help developers learn how to connect VeChain with other blockchains using Wanchain’s bridge technology. This follows a July 2025 partnership that opened connections to over 40 blockchains (VeChain Builders).
Why it matters:
Better connectivity could attract developers from popular platforms like Ethereum and Solana, potentially increasing VeChain’s use. The real impact depends on how many new apps are built after the workshop.
3. Online Hackathon (September 22 – October 6, 2025)
What’s happening:
VeChain is hosting a $30,000 prize hackathon focused on building sustainable apps on VeBetterDAO. Participants will use new tools introduced in the Galactica phase completed in July 2025.
Why it matters:
If many quality projects come out of this event, it could boost VeChain’s ecosystem. But if participation is low, it might slow growth. Keep an eye on projects that combine AI or real-world assets.
4. Intergalactic Phase (2026 and beyond)
What’s happening:
VeChain plans to fully support Ethereum-compatible smart contracts and improve integration with standard web protocols like JSON RPC. This aims to make VeChain a bridge between traditional businesses and the Web3 world (VeChain Roadmap).
Why it matters:
This is a long-term goal with some risks, but if successful, it could help VeChain gain adoption in enterprise settings.
Conclusion
VeChain’s roadmap combines important technical upgrades with efforts to grow its developer community and expand cross-chain capabilities. The next few months will show if the new staking system can strengthen VTHO’s role in the network. VeChain’s focus on sustainability might help it stand out in the competitive world of institutional Web3 solutions.
What updates are there in the VET code base?
VeChain’s latest updates focus on making the network more decentralized, improving connections with other blockchains, and supporting developer growth.
- StarGate Protocol Upgrade (July 1, 2025) – Introduced new staking levels and updated token economics.
- Wanchain Cross-Chain Bridge (July 10, 2025) – Connected VeChain to over 40 blockchains, including Bitcoin and Ethereum.
- Builders Hackathon Workshops (August–September 2025) – Provided training for developers on VeChain’s tools.
Deep Dive
1. StarGate Protocol Upgrade (July 1, 2025)
Overview: The StarGate upgrade replaced VeChainThor’s old system, which required identity checks (KYC), with a more open and permissionless system called Weighted Delegated Proof-of-Stake. Now, users can participate in securing the network by staking as little as 10,000 VET tokens, with three different staking levels available.
What this means: This change is positive for VET holders because it makes network participation easier and more accessible. It also helps reduce inflation by locking tokens and encourages users to hold their tokens longer through a $15 million rewards pool in VTHO tokens. Node operators can earn better returns, which may attract larger, institutional participants. (Source)
2. Wanchain Cross-Chain Bridge (July 10, 2025)
Overview: VeChain integrated a decentralized bridge from Wanchain, allowing smooth transfers of VET, VTHO, and B3TR tokens across more than 40 blockchains, including major ones like Bitcoin, Ethereum, and Solana.
What this means: This update is somewhat positive for VET because it increases liquidity and opens up new business opportunities in decentralized finance (DeFi). However, it also means more competition from other cross-chain platforms. Developers can now create applications that work across multiple blockchains using VeChain’s supply chain tools. (Source)
3. Builders Hackathon Workshops (August–September 2025)
Overview: VeChain teamed up with universities in the UK to run a 6-week hybrid workshop series. The program taught developers how to use Solidity (a programming language), software development kits (SDKs), and how to build decentralized apps (dApps) on VeChain. The workshops ended with a hackathon offering $30,000 in prizes.
What this means: This is a strong positive for VET because growing the developer community is key to long-term success. Over 5,000 participants gained practical experience, showing increasing interest in VeChain’s enterprise blockchain solutions. (Source)
Conclusion
VeChain’s recent upgrades focus on decentralization (StarGate), better blockchain connections (Wanchain), and developer support (hackathon). These efforts align with VeChain’s “Renaissance” roadmap, aiming to make VET a key platform for tokenizing real-world assets. The big question remains: will increased cross-chain liquidity help VeChain compete with Ethereum Layer 2 solutions in winning enterprise adoption?