Blockchain Sustainability

Key takeaways

• VeChain price projection suggests a peak price of $0.008402 by 2026.
• Traders can expect a minimum price of $0.018272 and a maximum price of $0.033129 by 2029.
• By 2032, VeChain’s price could potentially surge to $0.075150.

VeChain initially marketed itself as a blockchain network to provide transparency and efficiency to real-world applications enhancing customer trust, providing real-time tracking of goods and items across supply chains and preventing counterfeiting. The main focus of the chain was to track products from their creation to their delivery to the end-consumer as well as provide verification. However, as any good tool, VeChain and its aim have evolved since its launch in 2018.

With global trends shifting towards a greener, a more environment friendly future, VeChain has expanded its focus towards the same. VeChain now offers sustainability incentives, a digital identity as well as rewards environmental friendly actions through its programs. To prove its dedication to the cause, it introduced VeBetter, a Web3-powered ecosystem that rewards users with B3TR tokens for engaging in eco-friendly habits. VeBetter acts as a DAO-governed marketplace for sustainability-focused apps.

With growing optimism around the VeChain ecosystem, especially following recent collaborations with Walmart and other major partners, VeChain is positioning itself as one of the leading blockchain networks for real-world utility and sustainability-focused innovation.

VeChain overview 

VeChain price prediction: Technical analysis

VeChain price analysis: VET falls to $0.004370

TL;DR Breakdown:

• VeChain price analysis shows fall to $0.004370
• Cryptocurrency lost 3.6% of its value in 24 hours
• VeChain coin finds support at $0.004370

VeChain (VET) current price analysis for 30 June shows strong bearish movement across the last few days as the price fell below the $0.00440 mark.

VeChain 1-day price chart: VET falls to $0.00437

VeChain (VET) price action shows a bearish week as the price dropped from the highs of $0.004500 mark to the $0.004370 mark where it trades at press time.

The Relative Strength Index (RSI) falls to 29.67, with the slope showing rising momentum as the price moves back towards $0.004300. The indicator leaves low room for volatile movement in downwards direction. Meanwhile, the Bollinger Bands suggest rising volatility, with the bands diverging across the past few days.

VeChain 4-hour price chart: VET shows neutral momentum

VeChain (VET) live price trades at $0.004377 on the 4-hour chart, showing slight recovery in recent hours.

The Relative Strength Index (RSI) stands at 38.42, showing a bearish market sentiment as VET hovers around $0.004370. The Bollinger Bands are converging and show support and resistance levels at the $0.004332 and $0.004666 levels respectively.

VeChain technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from VET price analysis?

Vechain price analysis showed a sharp decline across the past few days as the price failed to rise past the $0.00460 mark and crashed. VET found support at the $0.004500 mark, before it crumbled causing a decline to the $0.004370 mark.

Overall, Vechain suggests that the price may fall towards $0.004200 as it fails its attempts to climb towards the $0.005600 mark. However, if the bulls are able to hold the $0.004350 level and establish support above $0.004700 mark, VET may rise to the $0.005000 level.

Is Vechain a good investment?

VeChain, as a notable blockchain project, stands out among crypto tokens in cryptocurrency because it focuses on supply chain management and enterprise solutions, which is not considered financial advice. VeChain operates on a dual-token model with two tokens: VET and VTHO. VET tokens are used for staking and governance, while VTHO is used to pay for transaction fees and smart contract execution. Users expend VET to participate in the network, and writing data to the blockchain is managed through VTHO, separating the cost of data submission from the value of VET. Smart contracts play a crucial role in automating business processes and enhancing trust, increasing transparency and efficiency in global trade.

With partnerships with major companies and a strong emphasis on real-world applications, many believe VeChain is a good buy due to its significant growth potential. Its innovative use cases and practical implementations appeal to businesses seeking operational improvements, making it an attractive option for informed investors.

However, it is advised to do your own research and conduct experts opinion before investing in the volatile market.

Why is VET down?

VeChain (VET) price shows that the bulls were rejected at $0.004500 and the rejection caused a crash to the current $0.004370 mark.

Will VeChain recover?

VeChain has experienced a notable selloff in the last thirty days, with the price falling from near the $0.03 mark to its highest price of the period to the current $0.021 level. However, industry analysts suggest that this downturn in the financial markets may not be long-term, a sentiment shared by many VET holders. Most projections indicate that VeChain could regain strength as market conditions improve, with expectations for the asset to potentially close the year between the $0.035 and $0.05 price levels.

Will VeChain reach $0.05?

Analysts suggest VeChain could attain $0.05 by 2031, as the minimum price is projected to be $0.0434 and the average price at $0.0500, as per the VET price prediction 2031. with a potential peak of $0.0585.

Will VeChain reach $0.10?

VET is expected to trade above $0.10 by 2035.

Does VET have a good long-term future?

VET has a good long-term future due to its strong use cases, growing on chain activity, and active development team at the Vechain Foundation.

Recent news/opinion on Vechain

Vechain’s recently revealed its Roadmap for 2026 including key information regarding planned developments including full Ethereum compatibility.

VeChain price prediction June 2026

In June 2026, the price of VeChain is anticipated to reach a minimum of $0.00410. The VET price can be expected to peak at $0.00620, maintaining an average of $0.00510 by the end of the month.

VeChain price prediction 2026

In 2026, the price of the VeChain coin is anticipated to touch a minimum of $0.003831, reflecting the current VeChain sentiment. The VET price might peak at $0.008402, maintaining an average of $0.005317 by the end of the year.

VeChain price prediction 2027-2032

VeChain Price Prediction 2027

For 2027, VeChain (VET) is expected to reach a minimum price of $0.010044. It could potentially climb to a high of $0.012153, averaging around $0.011049.

VeChain Price Prediction 2028

By 2028, VeChain price prediction suggests VET could trade at a minimum value of $0.013674. It might surge to a high of $0.025592, with an average price of $0.016546.

VeChain Price Prediction 2029

VeChain price prediction estimates VET to trade at a minimum of $0.018272 in 2029. It might reach a maximum of $0.033129, with an average value of $0.028151.

VeChain Price Prediction 2030

In 2030, VeChain’s price will likely hit a floor of $0.023265. Based on analysis, it could peak at $0.050684, with an average closing price of $0.036511.

VeChain Price Prediction 2031

The VeChain price prediction for 2031 projects a minimum price of $0.027701, a maximum price of $0.068318, and an average trading price of $0.055753.

VeChain Price Prediction 2032

In 2032, VeChain forecast suggests VET could trade at minimum and maximum prices of $0.030117 and $0.075150, respectively. The price might maintain an average of $0.062107

Vechain Price Forecast: By Analysts

Cryptopolitan’s VeChain (VET) price prediction

Cryptopolitan’s market analysis predictions show that VeChain will achieve a high of $0.008402 in 2026. In 2028, it will range between $0.013674 and $0.025592, with an average of $0.016546. In 2032, it will range between $0.030117 and $0.075150, with an average of $0.062107. Note that these predictions are not investment advice. Seek independent professional consultation or do your own research.

VeChain historic price sentiment

• VeChain began in 2015 as a private consortium chain for blockchain applications. It transitioned to a public blockchain with the ERC-20 token VEN in 2017 and launched its mainnet as VET in 2018.
• In 2018, VeChain partnered with DHL to develop blockchain solutions for logistics but saw a significant price correction, stabilizing at lower levels.
• The price remained relatively stable in 2019 and 2020, with occasional spikes as VeChain continued developing technology and forming partnerships.
• In 2021, VeChain’s price surged to an all-time high of $0.20 in May but dropped to $0.070 by December.
• In 2022, VeChain attempted to recover but remained below $0.10, with continued volatility throughout the year and into early 2023.
• Towards the end of 2023, the price saw a slight uptick, stabilizing around $0.020 by early 2024.
• In 2024, VeChain’s price fluctuated, recovering to $0.025 by mid-March but dropping due to bearish trends, reaching a low of $0.019 by August.
• It traded around $0.021 in September but ended the month above the $0.024 mark. The price remained mostly stable in October, with the occasional bearish movement causing a decline from the $0.02400 level to start November at the $0.02100 price level.
• The asset closed November at a high level, with prices near the $0.04600 mark and a strong bullish outlook. However, the bulls only took the price higher in December, as the $0.0500 resistance was crushed swiftly.
• As of January 2025, VET traded around the $0.04300 mark as it started and closed the month around the same level.
• In February, the price fell towards the $0.03000 mark as bears took over, ending the month at $0.02800. In March, the net movement was low, but the volatility was very high, as the price fell to $0.02200 where it closed the month.
• In April the price saw an initial crash but observed sharp recovery ending the month above the $0.02600 mark. In May the price dwindled again ending the month around $0.0250. In June the price continued to struggle as it dropped to $0.0200 to end the month.
• July saw a sharp rise to the asset’s volatility with VET crossing the $0.02800 mark. However, the price could not be maintained and VET ended the month around the $0.02200 level. In September, the price saw high volatility reaching as high as $0.0260 but failed to stay at the level and ended the month below the $0.02200 mark.
• In October, the price declined further and ended the month below the $0.01500 mark as bears dominated the crypto markets during the later half of the month. in November, the downtrend continued with VET ending the month below the $0.0130 mark. In December, the price continued to move downwards ending the year at $$0.0122.
• In January, the trend continued with VET falling below the $0.0100 mark and ended the month below the $0.0080 level. In February the trend continued with the price ending the month below the $0.0070 mark. In March, the trend continued with VET closing the month at the $0.00677 mark.
• By the end of April, VET price hovered around $0.007. a trend that did not continue into May as the price saw rapid decline in the month ending below the $0.0050 mark.