VeChain (VET) is in a pump of +35% in the last month, with the price forecast for Q1 2025 being bull. The blockchain is known for real business applications and has a current market cap of 2.62 billion dollars.
VeChain (VET) and the bull price predictions for Q1 2025
VeChain (VET), the current 42nd crypto by market capitalization, seems that it will start the next year riding a bull price wave.
According to the forecasts of CoinCodex, it seems that the price of VET for Q1 2025 will see an increase of +273% compared to the current price.
At the time of writing, VET is worth $0.032 and is in a pump of 35% compared to a month ago. Specifically, just in the last week, VET has recorded a price increase of +28%.
Such price is still far from the all-time high or ATH of VET reached in April 2021, at the price of $0.25.
However, the forecasts of CoinCodex are clearly bull with the price of VET rising to $0.05 by the end of January, to $0.07 by the end of February, and to $0.12 by the end of March 2025.
On this subject, CoinCodex adds:
“In 2025, it is expected that VeChain will trade in a price channel between 0.03619 and 0.121037 dollars. The most bull month for VET could be March, when the currency is expected to trade 273.04% higher than today”
VeChain (VET) and the current situation of the altcoin
While the price of VET is in bullish, just yesterday the VeChain project announced that it has joined the European Blockchain Association (EBA).
Excited to be part of the European Blockchain Association, and use our enterprise expertise to help drive adoption in Europe.
We believe apps are the future of blockchain in the EU and beyond – try something Better:https://t.co/Paotvzafrr pic.twitter.com/IG1WXM1Cuc
— VeChain (@vechainofficial) November 19, 2024
“We are excited to be part of the European Blockchain Association and to use our business experience to contribute to adoption in Europe. We believe that apps are the future of blockchain in the EU and beyond – try something better: vebetter.com”
In practice, VeChain will bring its expertise as a pioneer in the use of blockchain for real applications into the EBA ecosystem.
Specifically, it is a collaboration aimed at establishing industry standards and extending the adoption of blockchain in Europe. Among other things, VeChain intends to include in the EBA ecosystem its marketplace of sustainable apps from VeBetter.
With VeBetter, users will be able to conveniently download green apps and participate in various activities to earn the promised crypto rewards.
Plumb and sustainability
Last July, the platform Plumb of the VeChain ecosystem emerged. It is a platform created during the hackathon organized by VeChain and BCG in San Francisco, ranking fourth.
In practice, Plumb takes a pragmatic and innovative approach, and rewards users with B3TR tokens for their sustainable shopping efforts
Plumb is fully in line with the trend of VeChain’s mission, to use blockchain to create a more sustainable future.
