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VeChain Surges Against the Grain: When Technology Outpaces Price
Amid a highly volatile overall market, VeChain $VET VET( has just recorded an impressive growth of approximately 6% in the past 24 hours. This move comes after the price successfully defended the strategic support level of $0.0105 for the third time this month, confirming a solid accumulation bottom zone. The main driving force behind the breakout is the successful activation of the Hayabusa Mainnet upgrade, which transitioned the network to a DPoS mechanism with deflationary features and optimized staking performance.
Although Binance has removed VTHO rewards for flexible products, on-chain data still shows that VeChain's core platform remains extremely stable with 14.3 million wallet addresses and an ecosystem market cap reaching $1 billion. The divergence between the company's actual value and market price is opening up a promising scenario for a trend reversal. With fundamental factors still intact, VET is preparing for a long-term growth cycle as investor confidence returns.