VeChain (VET) is making significant strides, outpacing some of the top 10 cryptocurrencies by market cap. In the last 24 hours alone, VET has surged by 14.8%, a remarkable 12.2% in the past week, and 9.7% over the last two weeks. When looking at the monthly chart, the asset has gained 7.8%. Since the start of 2024, VeChain’s price has skyrocketed by 84.4%, attracting attention from investors and analysts alike.
For context, Bitcoin (BTC) has experienced a modest 2.9% increase on the daily charts, while XRP and Solana (SOL) have seen slightly higher gains of 3.3% and 8%, respectively.

Why is VeChain Rallying?
The recent rally in VeChain’s price can be attributed to the broader resurgence in the cryptocurrency market. Most major crypto assets are in the green zone, with Bitcoin reclaiming the $105,000 level, a major psychological milestone. As Bitcoin leads the charge, other cryptocurrencies, including VeChain, are following suit.
There’s also speculation that the rally could be linked to the inauguration of Donald Trump, who has voiced strong support for the cryptocurrency industry. Trump’s crypto-positive policies may have boosted investor sentiment, triggering the market-wide upward movement.
Bold Predictions for VeChain
According to CoinCodex, VeChain is expected to continue its upward trajectory in the coming months. The platform predicts VET could hit 10 cents by April 7, 2025, marking a 100% rally from its current price. Even more ambitious, CoinCodex foresees a potential rise to $0.20 by April 20, 2025, representing an impressive 300% increase.

However, there are risks. A market correction could derail these predictions if investor sentiment wanes. The Federal Reserve’s hawkish stance on monetary policy might also hinder further bullish momentum.
Also Read: VeChain (VET) Price Predictions for 2025 and Beyond: Strong Growth Ahead for IoT Blockchain Platform
With VeChain showing strong price movements, all eyes will be on its performance in the coming months.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.