VeChain (VET) is trading at $0.01336, remaining below its MA-20 ($0.01409), MA-50 ($0.01578), and MA-200 ($0.02193). This shows persistent seller pressure across all major timeframes.
Highlights
- VeChain launched its Hayabusa mainnet upgrade, introducing full Delegated Proof of Stake and enabling all holders to participate in staking or delegation.
- The update revamped tokenomics, added NFT-based staking with governance rights and VTHO rewards, and aligned protocol compliance with EU MiCA regulations to target European institutions.
- Network enhancements improved scalability, transaction finality, and platform performance, strengthening VeChain’s positioning for broader enterprise and Web3 integration.
Protocol upgrade and EU alignment drive hopes for adoption rebound
VeChain has launched its Hayabusa mainnet upgrade, introducing full Delegated Proof of Stake and allowing all holders to participate in staking or delegation as part of the new decentralized protocol. The update also revamped tokenomics, brought NFT-based staking with governance rights and VTHO rewards, and aligned the protocol with EU MiCA regulations to enhance institutional adoption across Europe. The network now benefits from improved scalability, transaction finality, and platform performance, strengthening VeChain's positioning for broader enterprise and Web3 integration.
Bearish momentum deepens as oversold signals and resistance converge
Technical signals remain bearish. The Ichimoku Kijun dynamic resistance is at $0.01535, and short-term support is weak below the current price. Daily momentum is mixed: the MACD shows strong selling and ADX is high, underlying a persistent downtrend, despite intraday buying activity. Oscillators (RSI at 32.12, Stoch RSI oversold, and CCI at -109) confirm a deeply oversold state, while the BBP reflects ongoing seller dominance. The awesome oscillator is neutral and intraday volatility remains high with price action toward the session highs.
Previously it was reported that VeChain extended its downtrend as sellers maintained control, with the asset trading below all major moving averages and encountering dynamic resistance at the Ichimoku Kijun. Momentum indicators such as the MACD, RSI, and CCI confirmed pronounced bearish sentiment, while intraday volatility intensifies as momentum signals continued to reinforce downside risk.
Latest VeChain News
- Forex
- Crypto