Why did the price of VET go up?

VeChain (VET) increased by 2.16% in the last 24 hours, outperforming the mostly flat cryptocurrency market, which rose just 0.72%. Key reasons for this growth include:

1. Growing enterprise adoption – Partnership with Franklin Templeton and new staking rewards
2. Technical recovery – Oversold indicators and price support at $0.022
3. Ecosystem expansion – Developer incentives through the VeFounder Program and activation of the Wanchain bridge

In-Depth Analysis

1. Institutional Momentum (Positive Impact)

VeChain recently teamed up with Franklin Templeton, a major asset manager with $1.5 trillion under management, to integrate its BENJI platform for tokenized enterprise payments (Franklin Templeton). This follows the launch of StarGate staking in July, which locked over 5 billion VET tokens (worth more than $111 million), reducing the number of tokens available for sale.

Why it matters: This partnership shows growing real-world use of VeChain’s technology, especially for managing and transferring tokenized assets. Franklin Templeton’s involvement adds credibility, as tokenizing assets is expected to become a $16 trillion market by 2030 (McKinsey). Also, staking rewards of 9% annually encourage holders to lock up their tokens, creating scarcity that can support prices.

What to watch: Keep an eye on transaction volumes through BENJI and the total value locked (TVL) in StarGate, which is currently over $140 million.

2. Technical Rebound (Mixed Signals)

VeChain’s price bounced back from a 24-hour low of $0.0217, holding steady at a key support level of $0.022. The Relative Strength Index (RSI), a tool that measures if an asset is overbought or oversold, moved up from an oversold level of 40.15. Meanwhile, the MACD indicator shows that bearish momentum is weakening.

What this means: Short-term traders likely took advantage of the oversold conditions to buy, but longer-term trends remain cautious. The 30-day moving average is still higher than the current price ($0.0241 vs. $0.0222), and the next resistance level is at $0.0251, based on Fibonacci retracement levels.

Key level to watch: Closing above $0.0232, the high from September 25, could indicate a positive shift in momentum.

3. Developer Ecosystem Growth (Positive Impact)

The VeFounder Program, launched on September 10, rewards developers who create decentralized apps (dApps) that reach 100,000 users. This program is supported by the Boston Consulting Group (Crypto.News). At the same time, Wanchain’s cross-chain bridge went live, allowing VeChain to connect with Bitcoin and Ethereum liquidity pools.

Why it matters: These developments address two important investor concerns: real-world usage and liquidity. The partnership with BCG helps developers build enterprise-level dApps more easily, while the Wanchain bridge increases access to decentralized finance (DeFi) opportunities. VeChain’s DeFi total value locked grew 18% month-over-month in August.

Conclusion

VeChain’s recent price increase reflects strong partnerships and ecosystem growth that help offset broader market challenges, such as Bitcoin’s dominance at 57.8% and a cautious market sentiment (Fear & Greed Index at 34). While technical indicators suggest some caution, the Franklin Templeton collaboration and BCG-backed developer program provide solid fundamental support.

What to watch next: Whether VeChain can maintain its price above $0.022 through the release of U.S. Personal Consumption Expenditures (PCE) data on September 28, which could influence overall crypto market risk appetite.

What could affect the price of VET?

VeChain’s price is currently influenced by two main forces: growing use by businesses and broader economic challenges.

1. Business Partnerships – New connections to other blockchains and secure storage options increase VeChain’s usefulness.
2. Staking Rewards – The $15 million StarGate program might reduce the number of coins available if more people participate.
3. Regulatory Concerns – New rules from the SEC and changes in crypto investment flows create uncertainty.

Deep Dive

1. Business Adoption & Cross-Chain Expansion (Positive Outlook)

Overview:
In July 2025, VeChain integrated with Wanchain, linking its blockchain to Bitcoin, Ethereum, and over 40 other networks. This allows decentralized finance (DeFi) activities involving VeChain’s tokens (VET and VTHO). Partnerships with companies like Franklin Templeton (CoinDesk) and BitGo’s secure custody services aim to attract institutional investors.

What this means:
These developments open up new ways to use VeChain, such as trading tokenized assets and swapping tokens across different blockchains. The Wanchain bridge connects VeChain to a DeFi market valued at over $116 billion, according to Bitcoinist, which could increase demand for VET as a key token.

2. Staking Rewards & Supply Effects (Mixed Outlook)

Overview:
The StarGate staking program, launched on July 1, offers about 5.48 billion VTHO tokens (worth around $15 million) as rewards. To participate, users must stake at least 10,000 VET tokens. Currently, only 9% of all VET tokens are staked (CoinMarketCap).

What this means:
If more people stake their VET, it could reduce the number of tokens being sold, supporting the price. However, low participation so far and a relatively modest annual percentage yield (APY) of 9%—which is lower than some competitors like Hedera—may limit the program’s impact in the short term.

3. Market Sentiment & Regulatory Environment (Potential Risks)

Overview:
In June 2025, the SEC clarified that staking rewards are not considered securities, which was positive for VeChain. However, crypto exchange-traded funds (ETFs) saw $23 million in Bitcoin outflows but $338 million in Ethereum inflows in August (CryptoTimes). Additionally, uncertainty around Federal Reserve policies adds to market volatility.

What this means:
VeChain’s price tends to move closely with Bitcoin (correlation of 0.89). If Bitcoin struggles to stay above $110,000, VeChain could also face downward pressure. Market indicators like the Crypto Market Cap (CMC) fear index at 34/100 and a drop in the altcoin season index suggest investors are cautious right now.

Conclusion

VeChain’s growing real-world applications, especially in supply chains and DeFi, provide a strong base for future growth. However, broader economic uncertainties and limited staking participation may hold back significant price gains. Keep an eye on VeChain’s 30-day simple moving average (SMA) at $0.0241—a sustained rise above this level could indicate positive momentum. Conversely, falling below the $0.0212 Fibonacci support level might lead to sell-offs.

Will the StarGate staking rewards be enough to counteract the fading excitement around alternative cryptocurrencies?

What are people saying about VET?

VeChain’s community is cautiously optimistic about staking opportunities but remains aware of potential risks. Here’s what’s currently trending:

1. Stargate staking excitement – $15 million in rewards and growing interest from big investors
2. Positive chart signals – Potential price breakout above $0.0236
3. Warning signs – Possible 19% price drop if key support levels fail

In-Depth Look

1. @vechainofficial: Stargate Staking Launch (Positive)

"StarGate decentralizes rewards – stake 10,000 $VET to earn from a 5.48 billion $VTHO bonus pool."
– @vechainofficial (1.2M followers · 284K impressions · 2025-06-28 14:00 UTC)
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What this means: Starting July 1, this program encourages holders to keep their $VET tokens longer by offering rewards, which could reduce selling pressure. With over $10 million in rewards available, it may also attract new investors.

2. @CryptoMichNL: Support Holding & Rally Potential (Positive)

"VET holds long-term support – Q2 fundamentals not yet reflected in price. Expect rally after Stargate launch!"
– @CryptoMichNL (648K followers · 127K impressions · 2025-05-15 18:33 UTC)
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What this means: Traders expect a 40-100% price increase if VeChain stays above $0.022, driven by more staking and lower token inflation after recent upgrades.

3. @CryptoPatel: Liquidity Pool Warning (Negative)

"Failure to close above $0.024 could lead to a drop to $0.01771 – sellers are in control."
– @CryptoPatel (312K followers · 89K impressions · 2025-06-15 23:45 UTC)
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What this means: Technical analysis points to a possible 19% price drop if the $0.022 support level breaks. However, the Relative Strength Index (RSI) at 29.10 suggests the token might be oversold, which could lead to a price bounce.

Conclusion

The outlook for VeChain is mixed. While the Stargate staking rewards program offers strong incentives to hold and could boost price, some chart patterns indicate caution. Partnerships with companies like Franklin Templeton and Wanchain, along with environmental and social governance (ESG) applications, add positive long-term value. Currently, VeChain’s price is stuck between $0.022 support and $0.0232 resistance. Keep an eye on the VET/USDT liquidation heatmap — a clear move above $0.0232 with over $50 million in trading volume could invalidate bearish trends, while failure to break this level might lead to testing May’s lows.

What is the latest news about VET?

VeChain combines strong business partnerships with rewards for developers, but challenges in the altcoin market remain. Here’s the latest update:

1. VeFounder Program Launch (September 10, 2025) – A new program backed by Boston Consulting Group (BCG) gives developers control over live apps once they reach 100,000 users.
2. Franklin Templeton Partnership (September 11, 2025) – A major asset manager integrates VeChain’s platform for enterprise payments, showing growing institutional trust.
3. July VTHO Distribution (August 29, 2025) – KuCoin completed monthly rewards for VET holders, highlighting ongoing interest in staking.

Deep Dive

1. VeFounder Program Launch (September 10, 2025)

Overview:
VeChain and Boston Consulting Group introduced the VeFounder Program, which allows developers to take operational control—and eventually ownership—of live decentralized apps (dApps) once they reach 100,000 users. Early projects include TrashDash (rewarding sustainable actions), BiteGram (encouraging healthy eating), and Bye Bye Bites (reducing food waste). Developers earn B3TR tokens based on how much users engage with their apps.

What this means:
This program encourages developers to quickly grow apps that have real-world uses. By linking rewards directly to user adoption, VeChain lowers barriers for developers and strengthens its focus on sustainability solutions. (Crypto.News)

2. Franklin Templeton Partnership (September 11, 2025)

Overview:
VeChain expanded its partnership with Franklin Templeton, a global asset manager with $1.5 trillion in assets. They integrated VeChain’s BENJI platform to enable tokenized payments for businesses. This comes after VeChain upgraded its technology to be compatible with Ethereum’s Virtual Machine (EVM) and improved its network consensus method (Weighted Delegated Proof-of-Stake).

What this means:
This partnership signals growing confidence from large financial institutions in VeChain’s technology for regulated financial services. With over $140 million staked at about 9% annual returns, the network’s security and stability are also improving. (MEXC)

3. July VTHO Distribution (August 29, 2025)

Overview:
KuCoin completed the distribution of VTHO tokens for July to holders of VeChain’s VET tokens. These rewards are calculated daily based on how many tokens each user holds. While this is a routine event, it highlights ongoing interest in staking within the VeChain ecosystem, with more than $140 million currently locked.

What this means:
Regular VTHO payouts help keep token holders engaged, even though VET’s price dropped 11% over the past 30 days. However, low trading volume (2.78%) means liquidity is limited, which could lead to bigger price swings. (KuCoin)

Conclusion

VeChain is balancing strong enterprise partnerships like Franklin Templeton with grassroots developer growth through the VeFounder program. Still, broader market concerns (crypto fear index at 34) and a recent 10.8% weekly drop in VET’s price present short-term challenges. The key question is whether these developer incentives can help VeChain weather the ups and downs of the altcoin market.

What is expected in the development of VET?

VeChain’s roadmap highlights key upgrades and growth plans through late 2025 and beyond, focusing on improving its technology, token system, and expanding its ecosystem.

1. Hayabusa Mainnet (Q3 2025) – New tokenomics with better staking rewards and less VTHO token issuance.
2. Intergalactic Phase (2026+) – Enables cross-chain compatibility and tools for global adoption.
3. VeFounder Program (Live) – Supports developers with ready-made decentralized apps (dApps) and rewards.

Deep Dive

1. Hayabusa Mainnet (Q3 2025)

Overview:
The Hayabusa upgrade is part of VeChain’s Renaissance roadmap. It introduces a new tokenomics model designed to encourage staking and boost activity within the VeChain ecosystem. Key changes include a redesigned system for distributing VTHO tokens, cutting overall issuance by about 30%, and updates to the network’s consensus method to improve decentralization (VeChain X).

What this means:

• Positive: Higher staking rewards could attract users who hold their tokens long-term. Reducing VTHO supply may increase its usefulness and value.
• Consideration: The success depends on how well the community adopts new node types and participates in governance.

2. Intergalactic Phase (2026+)

Overview:
This phase focuses on making VeChain compatible with other blockchains through technologies like JSON RPC and Ethereum Virtual Machine (EVM) equivalence. This will allow VeChain to interact smoothly with networks such as Ethereum and Bitcoin. The launch of the Wanchain Bridge in July 2025, which connects over 40 blockchains, is a key step toward this goal (Bitcoinist).

What this means:

• Positive: This will improve decentralized finance (DeFi) liquidity and encourage enterprise adoption by supporting multiple blockchains.
• Neutral: There are risks in execution, as other blockchain projects are also working on interoperability solutions.

3. VeFounder Program (Live)

Overview:
Started in September 2025, the VeFounder Program empowers developers by giving them ownership of ready-made dApps, such as sustainability tools, once they reach 100,000 users. Developers are rewarded with B3TR tokens for their efforts (Crypto.News).

What this means:

• Positive: This program speeds up the launch of real-world applications, especially those focused on sustainability, which aligns with VeChain’s goals.
• Neutral: The program’s impact depends on how many developers participate and how popular these niche apps become.

Conclusion

VeChain’s roadmap combines technical improvements (Hayabusa, Intergalactic) with incentives for ecosystem growth (VeFounder) to encourage wider adoption. While short-term progress may rely on staking participation, long-term success will likely depend on cross-chain compatibility and enterprise use cases.

Will cross-chain integration outpace competitors’ solutions?

What updates are there in the VET code base?

VeChain’s technology saw major improvements in 2025, including protocol upgrades, cross-chain connections, and better staking options.

1. StarGate Protocol Upgrade (July 2025) – Added NFT-based staking tiers and a new Weighted Delegated Proof-of-Stake (DPoS) system.
2. Wanchain Cross-Chain Bridge (May 2025) – Connected VeChain with over 40 blockchains like Bitcoin and Ethereum.
3. ProBit Global Hard Fork (July 2025) – Network update to support the new StarGate features.

Deep Dive

1. StarGate Protocol Upgrade (July 2025)

Overview: The StarGate upgrade introduced staking tiers represented by NFTs (digital collectibles) and a Weighted DPoS consensus system. This means users can stake as little as 10,000 VET tokens, helping secure the network and earn rewards more fairly.

The upgrade also improved the token’s economic model by lowering inflation and made VeChain compatible with Ethereum tools, making it easier for developers to build on VeChain. It added JSON RPC support, which helps developers access blockchain data more efficiently.

What this means: This is positive for VET because it encourages people to hold their tokens longer, reduces selling pressure, and attracts developers familiar with Ethereum. (Source)

2. Wanchain Cross-Chain Bridge (May 2025)

Overview: VeChainThor integrated a decentralized bridge from Wanchain, allowing VET and VTHO tokens to move across blockchains like Bitcoin, Ethereum, Solana, and 37 others.

The bridge uses advanced cryptography called Secure Multiparty Computation (SMPC) and supports both Ethereum-compatible and non-Ethereum blockchains. It also introduced wrapped versions of popular stablecoins USDT and USDC on VeChain, opening up new decentralized finance (DeFi) opportunities.

What this means: This is somewhat positive for VET because it broadens how the tokens can be used, though it also means more competition with other DeFi-focused blockchains. Since launch, the bridge has handled over $116 billion in assets. (Source)

3. ProBit Global Hard Fork (July 2025)

Overview: The ProBit exchange and others performed a mandatory hard fork (a major software update) at block 22,084,200 to support the new StarGate staking features and fee changes.

Node operators had to update their software by July 1, 2025, to stay compatible. No new tokens were created during this update.

What this means: This was a routine update to keep the network stable and secure, especially for the 140 million+ VET tokens currently staked. It doesn’t directly impact token value. (Source)

Conclusion

VeChain’s 2025 updates focus on building a strong, enterprise-ready platform by improving cross-chain connections, Ethereum compatibility, and regulated staking. With inflation capped and better developer tools available, these changes could help VeChain gain more business users and grow adoption in late 2025.