VeChain (VET) Eyes Reversal: Can Enterprise Growth Spark a Breakout?

  • VET trades near $0.026 with short-term price resistance at $0.0262, as sell volume continues to outweigh buying pressure.
  • Enterprise-focused upgrades like Stargate and the upcoming Hayabusa testnet aim to improve scalability, composability, and user incentives.
  • VeChain’s partnerships with Franklin Templeton, Revolut, and Bitgo signal expanding adoption across institutional and retail markets.

VeChain (VET) is currently trading around $0.026 after recording a steady weekly gain. Recent price action on the 5-minute chart reveals limited directional movement and mixed sentiment. The token briefly touched $0.0262 before facing selling pressure and retreating slightly.

Market data highlights a dominant sell volume, with a red bar figure of -179.714K compared to 63.776K in buy volume. The overall buy/sell imbalance remains negative at -955.924 K. The volume delta moving average, reflected by a yellow line, continues to show high volatility and erratic shifts, signaling no clear control by buyers or sellers.

Enterprise Growth and Technical Upgrades Strengthen Ecosystem

Sebastian, a prominent VeChain ambassador, shared key updates on the platform’s development. He noted that many of VeChain’s enterprise-level features did not exist during its last all-time high. Among the upgrades is Stargate, activated on July 1, which introduced an NFT-based staking system. This system allows users to earn VTHO rewards and supports new Eco Node Tiers that aim to boost network efficiency and engagement.

Further developments are expected under VeChain’s roadmap, with the “Hayabusa” testnet scheduled for release in September 2025. This upgrade focuses on improving composability, reducing gas-related congestion, and delivering a scalable blockchain infrastructure for enterprise use.

Strategic Partnerships Boost Institutional and Retail Exposure

The new partnerships that VeChain signed indicate that the company strives to achieve increased penetration among the various market turnovers. Its collaboration with asset management company Franklin Templeton incorporates VeChain blockchain into BENJI platform that allows more scalable enterprise payment.

Besides the institutional traction, VeChain has joined Revolut Crypto Earn and Learn Program. The project is bringing the blockchain into the limelight of more than 60 million retail clients to create increased awareness to major financial systems. Other strategic partnerships relate to security-related facilitation, such as that of Bitgo, and trading upgrades through crypto provider Keyrock.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

XRP Eyes $2.65 as EGRAG Forecasts Bullish Continuation Pattern

XRP shows recurring bullish candles since January 2020, EGRAG...

SEC’s DeFi Push Could Spark Altcoin Rally, Says CryptoBusy

SEC framework brings clarity to tokenization, custody, and trading. Institutional...

Cardano Consolidates Below $0.80: Key Levels to Watch for the Next Surge

Cardano consolidates below $0.80 after cooling from $0.90 highs. Key support at $0.70 and resistance at $0.77 will shape ADA’s next major move.

Whale Bitcoin Holdings Surge: What It Means for the Next Market Cycle

Whale Accumulation Supports Growth: Rising whale Bitcoin holdings suggest...

Bearish Patterns Emerge: Bitcoin Threatens Further 9% Decline

Rising wedge breakdown and PO3 pattern confirm weakening BTC...

Topics

XRP Eyes $2.65 as EGRAG Forecasts Bullish Continuation Pattern

XRP shows recurring bullish candles since January 2020, EGRAG...

SEC’s DeFi Push Could Spark Altcoin Rally, Says CryptoBusy

SEC framework brings clarity to tokenization, custody, and trading. Institutional...

Cardano Consolidates Below $0.80: Key Levels to Watch for the Next Surge

Cardano consolidates below $0.80 after cooling from $0.90 highs. Key support at $0.70 and resistance at $0.77 will shape ADA’s next major move.

Whale Bitcoin Holdings Surge: What It Means for the Next Market Cycle

Whale Accumulation Supports Growth: Rising whale Bitcoin holdings suggest...

Bearish Patterns Emerge: Bitcoin Threatens Further 9% Decline

Rising wedge breakdown and PO3 pattern confirm weakening BTC...

Coinbase’s Bold Bitcoin Move: Acquires 2,509 BTC in Q2 2025

Coinbase adds 2,509 BTC in Q2 2025, reaching 11,776...

Crypto Crossroads: $PEPE’s Next Move Could Define Its Short-Term Future

$PEPE faces critical resistance at $0.0000118 with bearish momentum building. Will it hold $0.00001056 or slide to $0.0000097? Key signals point lower.

Ethereum Outpaces Bitcoin in Capital Rotation Surge

Ethereum surges 66% compared to Bitcoin’s 9.3%, driven by...
spot_img

Related Articles

Popular Categories

spot_imgspot_img