- VeChain’s July 2025 “Renaissance” upgrade targets governance/scalability boosts. Partners like PwC and Walmart China drive enterprise adoption.
- VET’s RWA focus: tokenizing human behavior for UN goals. Price may rebound to $0.034 if support holds with volume.
As of today, VeChain (VET) is trading at $0.02754, showing a -1.97% decline in the last 24 hours and a -11.66% drop over the past 7 days.
Despite this short-term weakness, VET has recorded a +17% increase over the past month and remains +21.1% higher year-over-year, reflecting its resilience as a Layer 1 blockchain targeting enterprise use cases.
The token’s market capitalization stands at $2.37 billion, placing it in the top 60 globally, with daily trading volume at $42.98 million.
VeChain Proposes Major Network Overhaul Aimed at Efficiency and Compatibility
VeChain has outlined a series of technical and structural changes to its blockchain platform, aimed at improving compatibility with other chains, adjusting token economics, and reducing friction for developers and institutional users. The plan, titled the “VeChain Renaissance“ is scheduled for phased release through 2025.
Founded in 2015, VeChain has focused on building blockchain infrastructure with a practical use-case orientation. Over the years, its platform has been adopted by a variety of companies. Now, the team says it’s time to rework core functions to meet new user expectations, comply with regulatory demands, and allow easier integration with other platforms.
Node and Token Updates
One of the main changes involves VeChainThor’s consensus and reward structure. The network will expand validator access to users holding X-Nodes and Economic Nodes. These participants will process transactions and receive VTHO rewards. This update shifts parts of the validation process to users, reducing reliance on centralized infrastructure and increasing network resilience.
In addition, VeChain plans to modify the distribution model for its secondary token, VTHO. The new setup is designed to create stronger links between network activity and token utility, with a goal of promoting long-term participation. Staking rules will also change, alongside the launch of a new developer fund meant to encourage new applications and maintain current ones.
EVM Compatibility and JSON-RPC Support
The technical roadmap prioritizes compatibility with Ethereum-based infrastructure. VeChainThor will adopt Ethereum Virtual Machine (EVM) parity, along with JSON-RPC support. JSON-RPC is a data protocol used to communicate with Ethereum nodes and is widely supported across development tools, wallets, and applications.
VeChain (VET) – Price & Financial Market Analysis – May 20, 2025
Technically, VET is hovering near a critical support level around $0.027, and if it fails to hold, it may revisit the $0.025 range. Resistance remains at $0.0295 and then $0.032. The asset has retraced roughly 90% from its all-time high of $0.281, but it’s still over 1,300% above its all-time low, underlining its long-term value for early adopters.
Fundamentally, VeChain is gaining renewed attention following the announcement of its “Renaissance” upgrade, expected to launch in July 2025. This overhaul promises enhancements in governance, scalability, and developer tools.
VeChain’s unique two-token system (VET + VTHO), integration with IoT, and real-world applications in sectors like supply chain, carbon credits, and sustainability continue to set it apart. Its use by partners like PwC, Walmart China, and the San Marino government reinforces the credibility of its enterprise-grade blockchain.
Recent news has also highlighted VeChain’s bold initiative to tokenize human behavior, an ambitious project aligned with the growing real-world asset (RWA) trend and its aim to contribute to United Nations SDGs. Social sentiment remains bullish among community members, although current price pressure reflects broader market consolidation.
If VET sustains support above $0.027 and volume recovers, it is projected to rebound toward $0.031–$0.034 within the next 7–10 days, with upside potential increasing ahead of the July Renaissance upgrade.
