Market Veteran Spots Catalysts Fueling VeChain’s Summer Surge
10
1
Supply chain token VeChain (VET) is gaining traction as institutional interest meets real-world adoption. Industry watchers point to three key developments converging before July:
1. Walmart China’s blockchain expansion going live with VeChain-powered traceability
2. The VeBetterDAO mainnet launch—bringing decentralized governance to enterprise clients
3. Accumulation patterns from Asian funds mirroring 2021’s pre-bull run behavior
"When Fortune 500s start treating a crypto project like enterprise software, Wall Street eventually notices," remarked the anonymous analyst—before adding, "Of course, they’ll only care until the next shiny object appears."
VET/USDT Price ChartVET Price Chart
This zone continues to serve as a consistent accumulation range. Additionally, a dashed resistance line NEAR $0.070 marks a level where the price has previously faced upward rejection, suggesting it could re-test this level again.
Alongside these structural patterns, the Relative Strength Index (RSI) remains around 50, indicating neutral momentum with room for upward movement.
Ultimately, according to Michaël van de Poppe, the series of fundamental developments surrounding VeChain presents a valid reason for investors to examine the project closely for potential inclusion in their portfolios.
By:
