Why did the price of VET go up?

VeChain (VET) increased by 1.07% in the last 24 hours, outperforming the overall cryptocurrency market, which dropped by 1.32%. Here are the main reasons behind this movement:

1. Technical Buy Signals – Indicators suggest a potential price rebound and improving momentum.
2. Ecosystem Growth – Staking rewards and new partnerships are boosting confidence.
3. Market Sentiment Shift – Investors are moving from Bitcoin to alternative coins as Bitcoin’s market share dips to 59.28%.

Deep Dive

1. Technical Reversal Signals (Positive Signs)

Overview: On November 6, VeChain’s daily price chart showed two uncommon buy signals called “aggressive 13” and “red 9” from the TD Sequential indicator. These signals often point to a slowdown in selling pressure. Additionally, the MACD histogram—a tool that measures momentum—turned positive, and the RSI (Relative Strength Index) rose to 48.73, indicating that bearish momentum is weakening.

What this means: Historically, these signals suggest a short-term price rebound, attracting traders looking for undervalued opportunities. The price has held steady above $0.015, a key support level since October 2025, which helps build buyer confidence.

What to watch: If the price breaks and stays above the 30-day Simple Moving Average (SMA) at $0.01708, it could continue to rise. However, if it falls below $0.015, it might retest the lows seen in 2025.

2. Ecosystem Developments (Mixed Impact)

Overview: VeChain’s Stargate staking program, launched on July 1, 2025, has locked up over 5 billion VET tokens, which reduces the number of tokens available for sale. Recent partnerships, such as working with BitGo for regulated custody services and Franklin Templeton’s $780 million tokenized fund, have increased VeChain’s credibility with institutional investors.

What this means: These developments are positive for the long term, but the recent 24-hour price increase seems more connected to technical factors and a general rise in alternative cryptocurrencies like Filecoin (FIL) and NEAR Protocol (NEAR), which saw gains of 50% and 22%, respectively. The 7-day rally of 7.9% in VET suggests steady buying rather than hype-driven spikes.

3. Market-Wide Altcoin Strength (Positive Influence)

Overview: Bitcoin’s dominance—the percentage of the total crypto market it represents—fell to 59.28% from 59.91% the day before. This indicates that investors are shifting money into alternative cryptocurrencies (altcoins). The overall crypto fear index remains at 25, signaling “Fear,” but altcoins like VeChain are bouncing back after being oversold over the past month.

What this means: VeChain’s price movements show a low correlation with Bitcoin, meaning it can perform differently when Bitcoin’s price changes. This makes VET a more volatile but potentially rewarding option when investors are willing to take more risk. The 24-hour trading volume of $51.8 million, up 1.07%, shows renewed market interest.

Conclusion

VeChain’s recent price increase is driven by a combination of technical signals indicating a rebound, ongoing ecosystem improvements, and a broader market trend favoring altcoins. Despite these positive signs, VET is still about 70% below its highest price in 2024, so it will need consistent buying pressure to confirm a lasting upward trend.

Key points to watch: Can VET stay above $0.017 (its high on November 7) and break past the 30-day SMA? Keep an eye on staking activity and Bitcoin’s market dominance for clues about the overall market direction.

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What could affect the price of VET?

VeChain’s price is balancing between growth in its ecosystem and challenges from the broader market.

1. Upcoming Protocol Upgrades – New phases in the Renaissance roadmap could increase VeChain’s usefulness and offer better staking rewards.
2. Institutional Partnerships – Collaborations with Franklin Templeton and BitGo are expanding VeChain’s real-world applications.
3. Market Sentiment – A cautious crypto market is putting pressure on altcoins, even though VeChain shows signs of accumulation.

Deep Dive

1. Protocol Upgrades & Tokenomics (Positive Outlook)

Overview:
VeChain’s Renaissance roadmap includes phases called Galactica, Hayabusa, and Interstellar. These upgrades will allow VeChain to work with other blockchains, burn 100% of certain fees to reduce supply, and switch to a Delegated Proof-of-Stake system. The StarGate staking program, launched in July 2025, offers up to 9% annual returns and has locked about 5 billion VET tokens, which helps reduce selling pressure.

What this means:
By making the token more useful and rewarding holders who stake their tokens, VeChain could attract more long-term investors. Historically, when staking reduces token availability, prices tend to rise—but how quickly this happens depends on how fast people adopt these changes.

2. Institutional Adoption & Partnerships (Mixed Outlook)

Overview:
VeChain is compliant with MiCA regulations and has partnered with Franklin Templeton to tokenize treasury funds and with BitGo for regulated custody services. Additionally, the Wanchain bridge connects VeChain to over 40 other blockchains, increasing decentralized finance (DeFi) liquidity.

What this means:
These partnerships could increase demand for VeChain, but the timeline for full integration is uncertain. For example, Franklin Templeton manages $1.7 trillion in assets, which shows potential scale. However, VeChain’s BENJI platform currently holds only $20 million in total value locked (TVL) as of July 2025, indicating slow but steady growth.

3. Technical & Market Sentiment (Short-Term Challenges)

Overview:
VeChain’s price is trading below important moving averages ($0.0201 for the 50-day and $0.0235 for the 200-day), with a Relative Strength Index (RSI) of 48.73, which is neutral. The crypto Fear & Greed Index is at 25, signaling extreme fear, and Bitcoin’s dominance at 59.3% limits gains for altcoins like VeChain.

What this means:
The overall weak market sentiment and VeChain’s 30% price drop over the past 90 days suggest continued downward pressure. However, technical indicators like the TD Sequential show potential buy signals if the $0.015 support level holds (Ali Martinez).

Conclusion

VeChain’s price will depend on how well it executes its protocol upgrades, how many users participate in staking, and how quickly institutional partnerships develop—all while facing a cautious broader market. While the upgrades could spark a rebound in 2026, expect some short-term volatility. Will VeChain’s deflationary features be enough to counteract the wider market challenges? Keep an eye on StarGate staking activity and weekly RSI trends.

What are people saying about VET?

VeChain’s community is torn between excitement for a breakout and frustration over price stagnation. Here’s what’s making waves right now:

1. Stargate staking buzz – A $15 million rewards pool is driving optimistic bets
2. BitGo partnership – Institutional custody support adds trustworthiness
3. $0.017 liquidity level – Bears are watching closely for a possible retest of this key support

In-Depth Look

1. @CryptoMichNL: Stargate Staking Sparks Buying Interest

"VET’s inflation rate drops as Stargate locks tokens – these fundamentals aren’t reflected in the price yet."
– 814K followers · 12K impressions · May 15, 2025, 6:33 PM UTC
View original post
What this means: This is a positive sign for VeChain (VET). When more tokens are staked and locked up (with 5.3 billion VTHO rewards involved), fewer tokens are available to trade, which can create scarcity. However, the price needs to stay above the $0.016 support level to maintain this momentum.

2. @ProBit_Exchange: Hard Fork Completed, Network Upgrades in Place

"Post-fork stability confirmed – VET deposits and trading resume with improved security."
– 110K followers · 9.8K impressions · June 24, 2025, 6:56 AM UTC
View original post
What this means: This is a neutral development. The network upgrades improve VeChain’s infrastructure and security, which is good for long-term use, but it doesn’t immediately impact the price.

3. Crypto Patel: Bearish Pattern Points to $0.017 Target

"A failed breakout at $0.024 confirms a downtrend – untested liquidity at $0.01771 is the next focus."
– Analysis suggests a potential 19.6% drop if $0.022 support breaks
View original post
What this means: This is a bearish signal. Since July 2025, the price has been making lower highs, indicating weak buying pressure. Watch for increased trading volume if the price falls below $0.020, which could signal further declines.

Conclusion

Opinions on VeChain (VET) are mixed. Developers are optimistic due to growing enterprise adoption, including partnerships with BitGo and Franklin Templeton. Meanwhile, traders are struggling with a price stuck in a range. Long-term holders point to a 620% year-over-year increase in development activity (Coin Edition) as a sign that the project’s fundamentals are strong, even if the price doesn’t yet reflect that. Keep an eye on the $0.01771 support level—holding above it could confirm a buildup before a price increase, while falling below might trigger stop-loss orders and a sharper drop. Ultimately, whether VeChain’s real-world use cases can overcome broader market challenges will be revealed by how it performs within the $0.016 to $0.024 price range.

What is the latest news about VET?

VeChain is gaining momentum thanks to positive technical signals and growing real-world applications. Here’s a quick update:

1. Big Price Jump (Nov 8, 2025) – VET’s price increased by over 10% during a wider altcoin rally.
2. Real-World Asset Tokenization Panel (Nov 7, 2025) – VeChain showcased its blockchain infrastructure for turning real-world assets into digital tokens at Blockchain Life Dubai.
3. Buy Signals Detected (Nov 6, 2025) – Analysts spotted rare technical indicators suggesting a possible price rebound.

In-Depth Look

1. Big Price Jump (Nov 8, 2025)

What happened:
On November 8, 2025, VeChain’s token (VET) jumped more than 10%, alongside other altcoins like NEAR, RENDER, and DOT. This happened as Bitcoin’s market share dropped slightly to 57.6%, helping the overall crypto market cap bounce back by $100 billion. VET’s price reached $0.0172, marking a 5.66% gain over the past week.

Why it matters:
This shows growing investor interest in mid-sized cryptocurrencies like VeChain. However, VET is still about 70% below its highest price in 2024. For this upward trend to continue, Bitcoin needs to stay above $100,000, and there must be enough trading activity in altcoins. (Cryptopotato)

2. Real-World Asset Tokenization Panel (Nov 7, 2025)

What happened:
At the Blockchain Life conference in Dubai, VeChain’s Antonio Senatore highlighted the importance of making blockchain easy to use and compliant with regulations for tokenizing real-world assets (RWA). The panel noted that $32 billion worth of assets have already been tokenized on blockchains. VeChain demonstrated how it’s using blockchain to track sustainability data.

Why it matters:
This fits VeChain’s strategy of working with businesses and institutions that want secure and compliant blockchain solutions. However, other projects like Arbitrum and DWF Labs are also competing in this space. (Yahoo Finance)

3. Buy Signals Detected (Nov 6, 2025)

What happened:
Analyst Ali Martinez spotted two strong buy signals on VeChain’s daily price chart, known as “aggressive 13” and “red 9” in the TD Sequential indicator, which often predict price reversals. Additionally, VeChain’s development activity has surged by 620% this year, according to Chain Broker data.

Why it matters:
Technical indicators like RSI (Relative Strength Index) at 39 and MACD (Moving Average Convergence Divergence) suggest that selling pressure may be easing. However, VeChain faces resistance between $0.0165 and $0.0205. If it breaks through, the next target could be $0.0187. But if it falls below $0.0132, the price might drop further to $0.0115. (CoinMarketCap)

Conclusion

VeChain shows promising signs of a technical rebound and is making real progress in tokenizing real-world assets. Still, the token has dropped 22% over the past month, reflecting broader market challenges. The key question is whether VeChain’s growing ecosystem can overcome ongoing selling pressure above the $0.020 level.

What is expected in the development of VET?

VeChain’s upcoming plans focus on improving its technology, expanding connections with other blockchains, and offering better rewards for users.

1. Hayabusa Mainnet (Q3 2025) – New token system and changes to how VTHO is distributed.
2. Upgraded Node System (Q4 2025) – More options for staking and running nodes.
3. Interstellar Phase (2026+) – Making VeChain work smoothly with other blockchains and aiming for worldwide use.

Deep Dive

1. Hayabusa Mainnet (Q3 2025)

Overview: The Hayabusa update is part of VeChain’s Renaissance plan. It brings a new way to reward users, lowers the amount of VTHO created, and changes how the network reaches agreement on transactions (VeChain). The goal is to encourage more people to participate and make the system more efficient.

What this means: This is good news for $VET holders because it encourages staking (locking up tokens to support the network) and activity in the VeChain ecosystem. This could make VTHO tokens more valuable by reducing their supply. However, if developers take longer to switch to the new system, adoption might slow down.

2. Upgraded Node System (Q4 2025)

Overview: After Hayabusa, VeChain will introduce a better node system. Users can become validators or run Economic/X-Nodes by staking tokens. Rewards in VTHO will be linked more closely to how much users contribute to the network (VeChain).

What this means: This update could attract bigger investors because of the new staking options, which is positive. But smaller token holders might find it harder to join the higher-level staking tiers, depending on the costs and returns.

3. Interstellar Phase (2026+)

Overview: The Interstellar phase is a long-term plan to make VeChain work seamlessly with other blockchains like Ethereum, Bitcoin, and Solana through JSON RPC integration. It also aims to scale the network to support large businesses worldwide (VeChain).

What this means: This is promising for VeChain’s usefulness because it will allow easy interaction with other major blockchain networks. However, there is competition from other Layer 1 blockchains like Polkadot and Cosmos, which could affect how successful this phase is.

Conclusion

VeChain’s roadmap focuses on creating a sustainable economy and making it easier to connect with other blockchains. The Hayabusa update’s token changes and the Interstellar phase’s cross-chain features are key to its future growth. While technical challenges remain, VeChain’s emphasis on real-world use cases could help it stand out in a crowded blockchain market.

What updates are there in the VET code base?

VeChain’s latest updates focus on making different blockchains work together, improving staking features, and enhancing the user experience.

1. Renaissance Upgrade (Nov 5, 2025) – Adds cross-chain compatibility, matches Ethereum’s smart contract capabilities, and introduces token fee burns to reduce supply.
2. Wanchain Bridge Integration (July 10, 2025) – Connects VeChain to over 40 blockchains, expanding liquidity and asset transfers.
3. VeWorld Wallet v2.4.6 (Oct 13, 2025) – Updated wallet with easier staking, multi-chain support, and a cleaner interface.

Deep Dive

1. Renaissance Upgrade (Nov 5, 2025)

What it is: This upgrade brings three major improvements:

• Allows VeChain to communicate with other blockchains using a standard protocol called JSON-RPC.
• Changes how transaction fees work by burning (destroying) VTHO tokens, making them scarcer over time.
• Fully supports Ethereum Virtual Machine (EVM), meaning developers can easily move apps built for Ethereum to VeChain with little effort.

Security audits confirmed the new system is safe and reliable.

Why it matters: This makes VeChain more attractive to developers and users by lowering technical barriers and increasing the value of VTHO through scarcity. (Source)

2. Wanchain Bridge Integration (July 10, 2025)

What it is: VeChainThor now supports a decentralized bridge powered by Wanchain, allowing VET and VTHO tokens to move across major blockchains like Bitcoin, Ethereum, and Solana, plus 37 others.

The bridge uses Secure Multiparty Computation, a technology that keeps assets safe without a central authority. It has handled over $1.5 billion in test transactions without any security issues.

Why it matters: This expands VeChain’s reach into decentralized finance (DeFi) and institutional services, increasing its usefulness. However, it also means more competition with other blockchains native to DeFi. Keep an eye on cross-chain transaction volumes to gauge adoption. (Source)

3. VeWorld Wallet v2.4.6 (Oct 13, 2025)

What it is: The latest wallet update includes:

• Light and dark modes for easier viewing.
• Mini price charts for quick market insights.
• One-click staking options for VET and VTHO tokens.
• Faster balance checks, reducing wait times by 40%.
• Added fiat on-ramps through Coinbase, making it easier to buy crypto with dollars.
• Integration with VeBetterDAO’s sustainability rewards program.

Why it matters: A smoother, more user-friendly wallet encourages more people to use VeChain, while faster data access benefits businesses using VeChain for supply chain tracking. (Source)

Conclusion

VeChain’s recent updates focus on making the network more connected with other blockchains, improving economic sustainability through token burns, and enhancing usability for both everyday users and enterprises. With over 900,000 wallet installs, developer interest remains strong. The key question is whether increased cross-chain activity can help VeChain overcome broader market challenges during this cautious phase in crypto. Watch for adoption numbers after the Renaissance upgrade to see how well these improvements perform.