- VeChain reaches $7B TVL through Stargate, with early stakers urged to claim rewards before full launch.
- $VET price shows volatile moves; recent 31% surge confirms strong momentum and increased trading activity.
- New tokenomics and staking upgrades aim to strengthen adoption across sectors, appealing to retail and institutional investors.
VeChain ($VET) has entered a significant expansion phase, with upgraded staking incentives and new tokenomics set to launch in the coming weeks. The development promises a more competitive yield environment for investors and aims to boost ecosystem participation.
According to VeChain’s official channel, “New tokenomics are weeks away. More attractive staking is weeks away. New partners and use cases to be shared soon. $VET builds relentlessly, bull or bear.”
Besides enhancing staking returns, these updates indicate a strategic push to strengthen adoption across multiple sectors. Consequently, market observers anticipate renewed momentum for $VET across both retail and institutional investors.
Early signs of growth are already evident. FrienDowJones highlighted that VeChain reached a total value locked (TVL) of $7 billion staked through Stargate. The analyst encouraged early participation, stating, “We have not fully launched yet, so grab your early rewards before launch to maximize your yield!”
Hence, early stakers can capitalize on the current phase before the official launch in December. Moreover, this surge in TVL demonstrates increasing confidence among users, signaling potential long-term support for VeChain’s ecosystem.
Technical Price Movements Signal Volatility
Dynamic price activity is visible in the VETUSDT perpetual contract chart over a one-hour period. The asset saw a 1.57% rise with a 0.000231 increase, and it is currently trading at 0.015012. From about 0.016 levels, price activity began in a distinct downward trend, with resistance zones indicated by lowering trendlines.
Moving averages also display a variety of market behaviors. Long-term resistance above present prices is indicated by the MA 14 closing at 0.014718, MA 50 closing at 0.014811, and MA 200 closing at 0.015988.
A crucial pivot point is highlighted by a convergence pattern that emerges halfway through the chart where trendlines connect. However, there has been tremendous upward momentum in recent trading sessions. Prices moved from support zones at 0.014 to 0.004699 as a result of a 31.33% increase captured by a sharp vertical candlestick. This breakout is validated by volume indicators, which show increased trading activity.
In addition, the Ichimoku indicator (9 26 52 26 26) offers more context for possible zones of support and resistance. Important boundaries are framed by white trendlines, with the upper descending line serving as dynamic resistance and the lower range at 0.013–0.014 acting as base support.
