The VeChain crypto token, VET, traded at $0.0228 on September 24, logging a modest 0.69% gain in the past 24 hours, with daily trading volume reaching $51 million, according to recent data.
This comes as popular crypto analyst Michaël van de Poppe has placed VET on his watchlist, pointing to what he calls a “beautiful setup” for a breakout after months of consolidation and ecosystem expansion.
Despite trading over 90% below its 2021 high of $0.2782, the VET coin maintains a market capitalization of $1.96 billion, with nearly 86 billion tokens in circulation, making it one of the top enterprise-focused blockchain assets.
VeChain Price Prediction: Technicals Show Accumulation Zone
Michaël van de Poppe, a widely followed cryptocurrency analyst, said he has added VET to his watchlist, citing what he calls a “beautiful setup” for a potential breakout.
On the weekly chart, VeChain price has been consolidating in lower price regions, which Poppe describes as an attractive accumulation zone for long-term investors.
His analysis highlights that the 20-week moving average (currently near $0.025) remains the key resistance barrier. A decisive breakout above this level, he argues, could trigger a run similar to past cycles, historically delivering 200% or more in upside momentum.
Poppe also noted the macro backdrop: “In the previous six months, macroeconomics have been disastrous, which creates a big gap between the ‘real’ value of a crypto token and the negative sentiment in markets. VeChain correcting more than 70% provides a substantial opportunity.”
The accompanying chart, shown above, reinforces this sentiment, with double-bottom formations indicating accumulation within the current ranges. One Fibonacci retracement level points to $0.10–$0.12 as a long-term upside target if bullish momentum takes hold.
VeChain (VET) Ecosystem Upgrades and Partnerships Strengthen Bullish Case
VeChain’s fundamentals are also strengthening thanks to a series of major ecosystem upgrades in 2025. The Galactica phase introduced StarGate integration and the EVM Shanghai upgrade, creating new gas fee markets. The Hayabusa phase revamped tokenomics by cutting VTHO inflation and boosting staking rewards, making the system more deflationary.
Now underway, the Interstellar phase is focused on full Ethereum Virtual Machine (EVM) parity and seamless cross-chain integration, marking a crucial step in VeChain’s long-term expansion.
Furthermore, the project has also secured multiple high-profile partnerships. VeChain’s collaboration with Franklin Templeton, one of the world’s largest asset managers, and its integration of liquidity on Crypto.com have provided fresh institutional and retail visibility.
For retail holders, staking opportunities through the Stargate program continue to attract attention, offering up to 9% annual yields with weekly payouts.
Poppe highlighted this as a potential game-changer, especially if VET’s price climbs higher: “If the price of the asset goes up to $3, the rewards become 27% on your initial investment.”
