How high will Velo go?

Could you elaborate on the potential upside for the cryptocurrency Velo in the near future? Given its current market capitalization, trading volume, and recent performance trends, what factors could influence its price movement? Are there any significant partnerships or developments on the horizon that could boost its value? What are some of the key metrics we should be watching to gauge its potential growth? And lastly, how does Velo compare to other similar projects in the same space?