- VET gained 8.63% in 24 hours, ranking second among top-100 crypto gainers today.
- 24h trading volume surged 44.44% to $29.6M, confirming real buyer conviction.
- World of Charts sees a 59.78% rally target if the descending trendline clears.
- VeChainThor v2.4.3 mainnet upgrade and 15M wallet milestone add fundamental weight.
VeChain price gained roughly 9% today, Saturday, surging to $0.007592 and ranking second among the top-100 cryptocurrencies by market cap. The catalyst isn’t a single event, but a confluence of a maturing technical setup and a string of fundamental developments that have been building quietly beneath the surface.
Volume also recorded $29.6 million on the session, a 44.44% spike, which rules out the kind of low-liquidity drift that fakes breakouts. VeChain coin has spent most of Q1 near cycle lows, and today’s candle is the most decisive buy-side response in weeks.
VeChainThor Upgrade and 15M Wallets Sharpen Institutional Case
VeChain coin’s underlying story carries more weight than most recoveries at this market cap level. The VeChainThor v2.4.3 mainnet upgrade, positioned by the team as one of the year’s biggest, has gone live, with traders and enterprise watchers tracking its potential impact on transactional throughput and adoption metrics.
The project’s Renaissance Roadmap has reached its third and final stage in 2026, the Intergalactic Phase, which is focused on cross-chain communication protocols, new asset types, and pulling external builders and users into the ecosystem.
The 2026 manifesto pushes real-world infrastructure over speculative mechanics, with MiCAR-compliant tooling for European markets forming a core pillar.
On the institutional side, Keyrock, BitGo, Meria Finance, and Franklin Templeton are listed as active partners, names that carry weight with desks that screen for regulatory-grade exposure in the L1 space. Total network wallets crossed 15 million by March 2026, driven in part by the VeBetter platform and apps like ReCircleRewards, which tie mobility data to on-chain verification.
VeChain Price Tests Descending Channel Resistance
The technical picture is cautious but cleaner than it’s been in months. VeChain price is trading above the 20-period SMA at $0.007039, pressing into the upper Bollinger Band at $0.007718, a level that has repeatedly capped rallies since the October flush. The lower band at $0.006360 has served as structural support throughout Q1. VET coin price is stretched relative to the middle band, which keeps any clean continuation from being a given.
World of Charts flagged the setup on April 3, noting the asset had been compressing below multiple resistance areas following an extended bearish sequence, and that a breakout could trigger a solid multi-day rally.
A follow-up posted April 4 pointed directly to the descending trendline that has been in place since mid-2025; the analyst argued that once the price clears it, a sharp upside move follows. Both posts embed a target indicating a potential 59.78% gain from the current base price, which aligns with the VeChain price prediction in the $0.011–$0.012 range.
The trendline hasn’t printed a clean daily close above it yet. That’s the line traders are watching. Selling pressure faded into the early morning session, and the volume expansion is real. If VeChain coin holds this level into the close, the breakout case becomes considerably harder to argue against.
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