One of the bigger surprises toward the end of 2024, VeChain, has kicked off the year with notable gains, as VET looks to be back on pace for a return to $0.1. Indeed, the cryptocurrency is among the most intriguing considering the important work that the project is doing in developing the technology.
Late last year, the project debuted its VeChain Renaissance, a technical roadmap that looks to adapt the token for a new world. Specifically, the network has debuted the updated protocol for a world embracing mass adoption. Considering how 2024 ended; that could become a reality sooner than anyone expected.
Source – blockchainreporter
Also Read: VeChain Surges 12%: How High Will VET End 2024?
VeChain Welcomes 2025 With 4.8% Jump as VET Looks to Surge
With a tremendous year in the rearview mirror, the cryptocurrency market is expecting big things in 2025. In the United States specifically, favorable regulation on the horizon has a massive shift impending. That reality has firms like $1.3 trillion asset manager Morgan Stanley exploring how to benefit.
Throughout the tail end of the year, a shot of tokens took a step back. Yet, one asset that was among the most surprising resilient assets was VeChain, as VET looks bound to return to the $0.1 level once again. With that mark looking more likely this year, just when can it reach the threshold?
Over the last year, VeChain increased its value by more than 36%, according to CoinMarketCap. Although it took a step back in December, it is currently up more than 3% over the last seven days and trading above the $0.048 level. Moreover, the 38th largest crypto by market cap has seen its trading volume skyrocket 80% just two days into the year.
Source: Binance Academy
Also Read: VeChain (VET) Predicted To Surge 30% To $0.056: Here’s When
That momentum doesn’t appear to be slowing down anytime soon. Crypto price prediction platform CoinCodex has projected VET to be a massive part of 2025’s incoming bull run. Specifically, they predict the token to return to the $0.1 mark in April.
The platform doesn’t expect VET to reach an all-time high this year, but they do expect VeChain to challenge that position. Altogether, they expect the asset to reach a 2025 high of $0.18 in April. That increase would mark a 287% jump from its current price point. Moreover, it would have it in a good position to sustain throughout the year.
That figure could be affected by any market developments, however. Donald Trump’s return to the White House could bring vast regulatory changes. Therefore, VeChain to be one of many that break through its previous ceiling.
