VeChain (VET) Price Prediction 2025-2030: Can VET reach $1 in 2025?

VeChain (VET) is a blockchain platform that aims to provide businesses and organizations with a secure and efficient way to track and manage their supply chain operations. The platform utilizes a combination of blockchain technology, smart contracts, and IoT (Internet of Things) devices to provide real-time visibility and data for all parties involved in a supply chain.

Timeline of Vechain

Lookonchain, in a 20 February tweet, revealed that the prices of Chinese coins were on the rise over the last few days. VeChain [VET] was one coin that experienced massive growth, with its price increasing by double digits.

VeChain continues its mission to sit-ups the blockchain industry, with the introduction of a new innovative wallet VeWorld.  VeWorld to benefit from VeChain's overall adoption as interest rate in blockchain technologies continues to rise.

The overall market has been showing signs of strength as the price of Bitcoin (BTC) retests the coveted $25K level, while altcoins also appear to be trading mostly in the green. However, the price of VeChain (VET) witnessed a significant uptick on February 20 with the release of their VeWorld self-custody wallet.

VeChain (VET/USD) price continued its comeback on Monday as demand for cryptocurrencies continued. The coin surged to a high of $0.032, the highest point since August 2022. It has soared by over 106% from its lowest level in 2022.

VeChain (VET) is a blockchain platform that improves supply chain management and business processes. It utilizes a dual-token system, with VET serving as the main currency on the platform and VeChainThor Energy (VTHO) used to pay for transactions.

VeChain is a blockchain platform that specializes in logistics and supply chain management. It uses a Proof-of-Authority consensus algorithm that helps secure transactions through a network of 101 Authority Masternode operators.

VeChain has recently declared the launch of The Hive, a Web3-focused sustainability event that is the successor to last year's VeChain Summit. This initiative has been created to increase collaboration amongst Web3 stakeholders and promote sustainable progress.

The VeChain (VET) ecosystem has grown to over 300 enterprise partners through its platforms like VeChain ToolChain which enables businesses of all sizes to create new services and products collaboratively.

VeChain partner CAFA reveals that China has implemented legislation to make agricultural products certification statutory.  A VeChain community member highlights that VeChain and CAFA already have a solution for implementing the bill.

The price momentum of VeChain (VET) registered a halt over the last 24 hours after the altcoin started to trade laterally. In the same time frame, the coin dipped 0.9%, which is minor meaning that VeChain was in consolidation.