VeChain VET consolidates near $0.02 as Hayabusa upgrade reshapes tokenomics, fueling expectations of a breakout above $0.03.
VeChain (VET) has drawn attention in 2025 as new upgrades align with technical signals pointing toward a potential breakout. The project’s Hayabusa upgrade and price action have created growing discussions among traders and analysts watching its next move.
Crypto analyst Michael van de Poppe noted in a post on X that “$VET continues to deliver in 2025.” He added that accumulation is “definitely on my radar” as the token shows early breakout signs. His remarks came after VeChain confirmed the passing of its Hayabusa proposal through an all-stakeholder vote.
The analyst referenced both the fundamental updates and the current price structure on VET charts. He stressed that retracements have created favorable entry zones. According to Van de Poppe, the technical setup resembles patterns that preceded earlier rallies in the token’s history.
VeChain has been consolidating near $0.02 after falling from $0.08 earlier this year. The chart indicates a double-bottom formation, and Van de Poppe noted that a move above $0.03 could trigger momentum. Historical patterns suggest that a rally to $0.12 is possible if similar extensions play out.
The Hayabusa upgrade has introduced structural changes to the VeChainThor network. The update moves the system from Proof of Authority to Delegated Proof of Stake, creating broader community participation. It also shifts from static VTHO rewards to a staking-based model, giving VET holders new earning opportunities.
These changes are designed to reduce token inflation and strengthen staking rewards. Support for the proposal reached 98% approval, which shows broad alignment among stakeholders. Community participation will now expand beyond validators, creating a framework for a more balanced distribution model.
Analysts suggest that this change can help attract long-term investors seeking sustainability. By combining decentralized governance with stronger incentives, the network builds a more utility-driven ecosystem. The adjustments also aim to make VET a more attractive asset for both retail and institutional holders.
VeChain VET has been central to market analysis this week. Current data shows the token trading at $0.02 after a 6% daily decline. Market volume on Binance reached $10.5 million, indicating steady but moderate trading activity.
Technical indicators suggest a neutral trend. The Relative Strength Index stands at 48, placing the token in a consolidation range. The MACD line shows a weak bullish divergence, while support at $0.02 remains an important floor for traders to monitor.
Resistance near $0.03 remains a hurdle that could cap any short-term moves. Bollinger Bands data shows that VET trades close to its lower range, which may set up a bounce if buying interest returns. Traders continue to watch for a decisive break above $0.03 or below $0.02 to confirm the next direction.
Read more on Live Bitcoin News
