- The introduction of Renaissance by Vechain in connection with the mica license attracts institutional investors who expand their activities throughout Europe.
- Updates of governance improve tokenomics and staking and strengthen the trust of investors in the system.
The Blockchain project Vechain (VET) is making progress through the development of the Renaissance project, that recently together with plans for the European market. By receiving a mica license, the blockchain company is expanding its capacity to offer companies in all member states of the European Union.
Vechain intends to update its TOKENOMICS and STAKING reward systems in the course of the second quarter as a sign of loyalty to its investor base. Immediately after the latest announcements, VET was rapidly increased by VET, which indicates a strong enthusiasm for the market.
VECHAIN Renaissance project improves VECHAIN skills
Vechain wants to start his Renaissance project in July 2025. According to knowledge The cryptoanalyst Michaël van de Poppe enables the blockchain to develop into a dominant solution at the company level.
$VET keeps on delivering.
– Renaissance going live in July ’25.
– MiCAR license obtained to service European enterprises.
– Governance proposal updates throughout Q2.Improved tokenomics and staking rewards for participants within the VeChain ecosystem. pic.twitter.com/mp6MTkzaMm
– Michaël van de Poppe (@Cryptomichnl) April 1, 2025
This project is intended to introduce a number of improvements that will increase the performance, the security attributes and the scalability of VECHAINTHOR. Investors attentively observe how Vechain’s Renaissance launch will change the market position and the ecosystem of the blockchain in the upcoming introductory phase.
The market showed a quick reaction after the publication of this announcement. The price of $ VET rose by 8.24% from $ 0.085 to $ 0.092 within two hours. The trading volume increased significantly from originally $ 1.2 billion to $ 2.5 billion. During the same period, the trading couple $ VET/BTC recorded an increase of 7.5 %, since $ VET from 0.0000015 BTC increase to 0.00000161 BTC. Active addresses in the VECHADHOR network grew out loud Data des VeChainThor-Explorers um 15 %
Entry into the EU market
The acquisition of a mica license is an important business milestone for Vechain. The certification enables companies in the EU to be operated by expanding blockchain technology. According to market analysts, the acquisition of certifications has the potential to attract more institutional investments, which will improve Vechain’s reputation on the European market.
When the news became known, the market reacted positively. According to Binance data from April 1st, the Binance users who stand behind the trading couple Vechain-Unddt doubled their trading volume from 150 to 300 million.
The trading pair $ VET/ETH rose by 6.8%during this period, while the ether course from 0.00025 ETH increase to 0.000267 ETH. In just two hours, the network activity due to VECHAINTHOR transactions increased by 20%, such as Data of the Veakainthor Explorers of April 1 show.
VECHAIN will soon carry out governance reforms because you intend to improve tokenomics and staking premium systems. The platform will receive these updates in the second quarter of 2025 to improve the sustainability functions and increase the motivation of investors in the long term. According to market forecasts, the introduction of improved staking systems will increase the demand for $ VET and at the same time create a stable basis for the system.
The market enthusiasm is expressed in technical indicators. The RSI (relative strength index) of $ VET rose dramatically from 60 to 72 due to the market demand. The Bollinger bands expanded when the $ Vet token moved to its upper border during the last period.
There are no direct developments related to KI for Vechain, but the crypto market has shown positive signs due to AI progress. According to the data from Kaiko, AI trade algorithms caused an increase in the $ VET stock exchange volume by 10% on April 1 when AI-related messages were published. The market performance of $ VET showed a correlation of 0.65 with the leading Ki token $ fet.
Vechain has a strong potential for a sensible expansion, since the company received the necessary permits for the start of Renaissance and made progress in the reform of corporate management as the start. Companies and investment groups follow the blockchain developments closely because they expect significant improvements in the coming months.
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