Why did the price of VET go up?

VeChain (VET) increased by 1.82% in the past 24 hours, slightly underperforming the overall crypto market, which gained 2.21%. Here are the key reasons behind this movement:

1. Binance Margin Update (Positive Effect) – On October 24, Binance lowered the collateral requirements for VET from 60% to 40%, easing the pressure on forced selling.
2. Technical Support Holds (Mixed Signals) – The price stayed above an important support level at $0.0173, but the Relative Strength Index (RSI) at 37 indicates some ongoing bearish pressure.
3. Growing Ecosystem Activity – VeChain’s integration with Wanchain since July continues to attract decentralized finance (DeFi) liquidity.

Detailed Analysis

1. Binance Margin Policy Change (Positive Effect)

What happened:
Binance, a leading cryptocurrency exchange, lowered the collateral ratio for VeChain on margin accounts from 60% to 40%. This change means traders need to put up less collateral to borrow against their VET holdings, reducing the chance of forced selling if prices drop (Binance).

Why it matters:
With lower collateral requirements, traders can hold leveraged positions more comfortably, which can reduce sudden sell-offs. This policy update coincided with a 1.08% price increase around 6:00 UTC, suggesting it helped boost buying interest.

What to watch:
Keep an eye on whether trading volumes and open interest in VET derivatives increase after a recent 3.8% drop in overall crypto leverage positions.

2. Technical Support Holds (Mixed Signals)

What happened:
VeChain’s price stabilized above its 7-day Simple Moving Average (SMA) at $0.0173. The MACD indicator shows that downward momentum is weakening, but the RSI remains low at 37, indicating some bearish sentiment.

Why it matters:
Holding above $0.0173 suggests short-term price stability. However, the price is still down 23.71% over the past 30 days, reflecting broader market caution. The $0.0177 level, a 50% Fibonacci retracement, now acts as resistance. If VET breaks above this, the next target could be $0.0192.

3. Cross-Chain Integration and Institutional Support (Positive Effect)

What happened:
Since July, VeChain has been integrated with Wanchain, allowing VET to be transferred across more than 40 blockchains, including Bitcoin and Ethereum. This cross-chain capability increases its usefulness in decentralized finance (DeFi). Additionally, institutional players like BitGo have started offering custody services for VET, adding credibility.

Why it matters:
These developments don’t directly explain the recent price rise but improve VeChain’s long-term liquidity and adoption potential. The 24-hour turnover ratio for VET is about 2%, similar to other mid-sized altcoins, indicating normal trading activity without excessive speculation.

Conclusion

VeChain’s recent price gain is driven by a combination of reduced margin selling pressure, technical support holding, and steady ecosystem growth. However, the price remains about 33% below its 60-day high. The key question now is whether VET can maintain support above $0.0173 and attract buyers in a market currently characterized by fear (as shown by the Crypto Fear & Greed Index at 32).

What could affect the price of VET?

VeChain’s price is balancing between upcoming protocol upgrades and challenges in the market.

1. Hayabusa Upgrade Vote – A move toward more decentralization could increase staking interest (expected Q4 2025).
2. Cross-Chain Expansion – The Wanchain bridge connects VeChain (VET) to over 40 other blockchains, opening up more liquidity.
3. Staking ETF Potential – New SEC guidelines on staking might attract institutional investors by 2026.

Deep Dive

1. Protocol-Specific Catalysts (Mixed Impact)

Overview: The Hayabusa upgrade is part of VeChain’s Renaissance plan. It aims to switch the network to a Delegated Proof-of-Stake (DPoS) system through VIP-253/254 votes. If approved (targeted for December 2025), this will change how VTHO tokens are generated—from a fixed rate to dynamic rewards for active stakers. This could reduce token inflation by about 30% (VeChain Foundation).

What this means: DPoS could improve network security and increase rewards for those staking their tokens. However, VTHO’s price has dropped 40% this year (Messari), showing that if adoption doesn’t pick up, oversupply could be a problem.

2. Market & Competitive Landscape (Bullish Impact)

Overview: In July 2025, VeChain integrated with Wanchain, enabling cross-chain swaps with major blockchains like Bitcoin, Ethereum, and Solana. This exposes VET to a decentralized finance (DeFi) market valued at $116 billion. Partnerships with BitGo (a custody service) and Revolut (with 60 million users) are expanding access for both institutions and everyday users (Coindesk).

What this means: Being able to work across multiple blockchains strengthens VeChain’s usefulness for businesses. However, competitors like Chainlink still lead in providing data services (Oracles). About 33% of VET’s circulating supply is currently staked (Stargate Program), which means a lot of tokens are locked up—this could increase price swings during upgrades.

3. Macro & Regulatory Factors (Neutral Impact)

Overview: Binance lowered the collateral ratio for VET margin trading from 60% to 40% in October 2025, which might reduce trading liquidity. On the other hand, the SEC’s clearer rules on staking could help VeChain qualify for a staking-based ETF after 2025 (Bitget).

What this means: While regulatory changes might limit some trading activity, they also create opportunities for compliant staking products. VeChain’s price still closely follows Bitcoin’s trends (correlation of 0.82 this year), so it remains sensitive to Bitcoin’s market dominance at 59%.

Conclusion

VeChain’s future price depends on how well the DPoS upgrade is adopted and how effectively it expands across blockchains, all while navigating a cautious market for alternative cryptocurrencies. Its focus on building institutional-grade infrastructure through partners like BitGo and compliance with regulations like MiCA supports long-term growth. However, weak demand for VTHO and strong Bitcoin influence present short-term challenges. Will the Hayabusa validator vote on August 18, 2025, trigger a staking-driven supply change?

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What are people saying about VET?

The VeChain community is divided between excitement over staking rewards and caution about technical price levels. Here’s what’s happening:

1. Stargate staking offers $15 million in rewards and lowers inflation, encouraging optimism.
2. Analysts are watching the $0.025 price level closely—it could lead to a 200% price increase if broken.
3. Cross-chain growth through Wanchain connects VeChain to over 40 blockchains, increasing its usefulness.

In-Depth Look

1. Stargate Staking Rewards Spark Optimism 🚀

Crypto analyst @CryptoMichNL points out that VeChain’s current price doesn’t yet reflect the benefits of Stargate staking, which launched July 1 and offers a 9% annual yield plus reduced inflation.
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What this means: With 5 billion VET tokens already staked, more holders are likely to keep their coins locked up long-term. This reduces the number of coins available to sell, which could help support or increase the price if demand picks up.

2. Wanchain Partnership Expands VeChain’s Reach 🌉

VeChain’s official account @vechainofficial announced that VET, VTHO, and B3TR tokens can now move across more than 40 blockchains using Wanchain’s secure bridges.
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What this means: This cross-chain compatibility makes VeChain more attractive for businesses, especially those managing logistics across multiple blockchain networks. Wanchain’s bridges have handled $1.5 billion in transactions, helping reduce fragmentation and improve liquidity.

3. Technical Analysis Highlights a Key Price Level 📉

Crypto analyst @egragcrypto notes that VeChain’s price needs to close above $0.025 on the weekly chart to trigger a potential 200% rally. Until then, the price remains in a bottoming pattern.
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What this means: The $0.025 level corresponds to the 20-week moving average, acting as a resistance point. Breaking above it could lead to a strong upward move similar to VeChain’s big gains in 2021. If it fails, the price might drop to around $0.017, which is a key support level.

Conclusion

Overall, the outlook for VeChain is cautiously optimistic. Strong fundamentals like staking rewards and new partnerships add value, but the price needs to overcome technical resistance at $0.025 to confirm a bullish trend. Keep an eye on the 20-week moving average—breaking above it could open the door to targets between $0.12 and $0.18, while failure to do so may mean more sideways trading.

What is the latest news about VET?

VeChain is facing mixed signals — improvements in staking are increasing its usefulness, but risks from exchanges are causing concern. Here’s the latest update:

1. Binance Lowers VET Collateral (October 19, 2025) – Margin traders will have less borrowing power as Binance reduces the collateral ratio for VET.
2. CV Summit Partnerships (October 6, 2025) – VeChain teams up with Swiss banks and AI leaders to push blockchain use in businesses.
3. Q2 Treasury Drops 23.5% (October 6, 2025) – Despite a new partnership with Revolut, VeChain’s treasury value fell to $167 million due to a drop in VET’s price.

Deep Dive

1. Binance Lowers VET Collateral (October 19, 2025)

Overview:
On October 21, Binance reduced the collateral ratio for VET from 60% to 40% under its Portfolio Margin system. This means traders using margin (borrowed funds) will have less ability to borrow against their VET holdings. A few days later, Binance also tightened leverage rules for other altcoins, showing caution toward more volatile assets.

What this means:
This is a negative sign for short-term trading liquidity because traders might reduce their VET positions. However, it doesn’t change VeChain’s long-term outlook since its partnerships and technology upgrades remain strong. Keep an eye on Binance’s VET/USDT liquidity for any price swings after these changes.

2. CV Summit Partnerships (October 6, 2025)

Overview:
At the CV Summit in Zurich, VeChain presented its collaborations with Swiss banks like PostFinance and Luzerner Kantonal Bank. These partnerships focus on using blockchain for digital asset collateral and payment systems. The event highlighted blockchain’s potential in sustainable finance, which fits with VeChain’s VeBetterDAO ecosystem.

What this means:
This is a positive sign for VeChain’s adoption by institutions. Working with regulated European banks could speed up real-world blockchain applications. However, VET’s price has dropped 23% over the past month, showing that market sentiment hasn’t fully caught up with these developments. (Source)

3. Q2 Treasury Drops 23.5% (October 6, 2025)

Overview:
VeChain’s treasury value fell to $167 million in Q2, mainly because VET’s price dropped 4%, even though Bitcoin and Ethereum gained value. On the positive side, VeChain secured custody services through BitGo, expanded Revolut’s Learn & Earn program to 60 million users, and launched cross-chain bridges with Wanchain.

What this means:
The treasury’s drop shows how sensitive VeChain is to market changes. Still, the partnership with Revolut and upgrades like the Galactica mainnet (which supports Ethereum-compatible smart contracts) improve VeChain’s overall ecosystem. Analyst Egrag Crypto has set a price target of $0.18 for VET, depending on a broader recovery in altcoins. (Source)

Conclusion

VeChain is gaining traction with institutions but faces challenges from tighter margin trading rules and a shrinking treasury. Its partnerships with Swiss banks and Revolut offer growth opportunities, but VET’s 32% drop over the last 90 days highlights ongoing market risks. The key question is whether upcoming partnerships in Q3 can balance out the pressure from exchange-related liquidity issues.

What is expected in the development of VET?

VeChain is making important progress with these key updates:

1. Hayabusa Mainnet Launch (Q4 2025) – Updating how tokens work and improving the network’s security system.
2. Interstellar Phase (2026 and beyond) – Building connections with other blockchains and growing global use.
3. VeChain Builders Hackathon Results (October 2025) – Encouraging developers with $30,000 in prizes to create new apps.

In-Depth Look

1. Hayabusa Mainnet Launch (Q4 2025)

What’s happening:
The Hayabusa upgrade will change VeChain’s token system and switch to a new way of validating transactions called Weighted Delegated Proof-of-Stake (DPoS). This includes smarter ways to manage VTHO token usage, rewards for staking based on network activity, and stronger economic protections.

Why it matters:
These changes could be good for $VET because they may reduce selling pressure on VTHO tokens and encourage people to hold and stake their tokens longer. However, there’s a risk if users don’t adopt these changes quickly.

2. Interstellar Phase (2026 and beyond)

What’s happening:
VeChain plans to make its platform easier for developers by supporting JSON-RPC, a common programming interface. It will also build bridges to connect with other major blockchains like Bitcoin, Ethereum, and Solana. The goal is to make VeChainThor a central platform for business-focused decentralized finance (DeFi) and sustainability projects.

Why it matters:
This could be positive in the long run because it may bring more users and partnerships. Still, VeChain faces competition from other blockchains, so it needs to offer unique benefits to stand out.

3. VeChain Builders Hackathon Results (October 2025)

What’s happening:
After hosting workshops for developers in August and September 2025, VeChain held an online hackathon that ended on October 6th. Developers created tools for VeBetterDAO, sustainability apps, and DeFi projects, competing for a $30,000 prize pool (VeChainBuilders).

Why it matters:
If these hackathon projects turn into useful apps, it’s a positive sign for VeChain’s growth. But if they don’t attract new users, it could be a setback. Key indicators to watch are the number of new users and total value locked (TVL) in VeChain’s network after the event.

Conclusion

VeChain’s roadmap combines technical improvements like Hayabusa with efforts to grow its developer community and connect with other blockchains. While the price of $VET has been steady ($0.0173 as of October 23, 2025), successfully rolling out Hayabusa’s tokenomics could increase demand for $VET as a yield-generating asset. With Bitcoin dominating the market at 59.29% and other cryptocurrencies struggling, VeChain’s focus on real-world use cases might help it perform independently from broader market trends.

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 developers.

1. Network Upgrade via Hard Fork (July 1, 2025) – Boosts security and spreads out validator control.
2. StarGate Staking Program Launch (July 1, 2025) – New staking system using NFTs, offering higher rewards.
3. Wanchain Cross-Chain Bridge (July 10, 2025) – Links VeChain with over 40 blockchains to increase DeFi liquidity.

Deep Dive

1. Network Upgrade via Hard Fork (July 1, 2025)

What happened: VeChainThor completed a major upgrade called a hard fork to make block production more decentralized and remove the need for validators to complete KYC (Know Your Customer) checks. This change follows clearer guidance from the SEC.
The upgrade introduced Weighted Delegated Proof of Stake (wDPoS), which lets smaller holders of VeChain’s token (VET) — starting at 10,000 VET — help secure the network. Validators now earn rewards based on how much VET they stake, replacing the old system that required KYC verification.

Why it matters: This change is positive for VeChain because it opens up network participation to more people, reduces risks of central control, and encourages a wider community to help secure the blockchain. (Source)

2. StarGate Staking Program Launch (July 1, 2025)

What happened: As part of VeChain’s “Renaissance” plan, the StarGate program introduced staking directly on the protocol, represented by NFTs. The upgrade also added EVM equivalence (making it compatible with Ethereum tools) and JSON RPC support, which makes it easier for developers to build on VeChain.
The VeChain Foundation set aside 5.48 billion VTHO tokens (about $15 million) to increase rewards for early stakers. Staking tiers range from 10,000 VET up to 15.6 million VET.

Why it matters: This is good news for VeChain holders because it makes earning rewards simpler, strengthens the network by encouraging more staking, and meets institutional demand for compliant investment options. (Source)

3. Wanchain Cross-Chain Bridge (July 10, 2025)

What happened: VeChain integrated Wanchain’s decentralized bridge, allowing it to connect with Bitcoin, Ethereum, Solana, and over 40 other blockchains. This upgrade supports wrapped versions of assets like BTC, ETH, and USDC on VeChainThor, enabling new decentralized finance (DeFi) applications.
The bridge uses Secure Multi-Party Computation technology and has handled over $116 billion in cross-chain transactions so far.

Why it matters: This expands VeChain’s liquidity options for businesses, supports the creation of cross-chain decentralized apps, and positions VeChain’s tokens (VET and VTHO) as key links between traditional finance and the emerging Web3 ecosystem. (Source)

Conclusion

VeChain’s recent updates focus on improving technical capabilities (like Ethereum compatibility), following regulatory guidelines (SEC-compliant staking), and growing the ecosystem (through cross-chain liquidity). With ongoing developer workshops and a $30,000 hackathon running through October 2025, VeChain is set to attract new builders and projects.

How will these upgrades speed up VeChain’s adoption in industries like supply chain management and sustainability?