Throughout the ongoing crypto bull rally, there have been few tokens to benefit as much as VeChain has. The asset is looking to reinvent itself, ushering in a recent Renaissance project that will redefine how the asset is viewed in the renewed marketplace. With that underway, VeChain is predicted to increase 260% in 2025, but just how high will VET go?
Earlier this month, VeChain reached a two-year high near the $0.08 mark. Although it had retreated, the token is currently looking to return to the $0.06 level and regain the yearly trading volume highs it enjoyed previously. The market is currently looking to see if the asset can challenge the $0.22 level, its highest price since 2021. That could be well within reach early in the coming year.
Also Read: VeChain Skyrockets 35%, Can VET Hit $1 Next?
VeChain Eyes Mammoth 2025: But How High Could VET Go Next Year?
2024 has already been a monumental year for cryptocurrencies. Its exceptional performance has been led by Bitcoin, as the asset surpassed the six-figure mark for the first time in its history. It has certainly proved to be a rising tide, as a host of other assets have challenged highs throughout the last two months.
One of the biggest risers is VeChain. The crypto is up more than 92% over the last year, according to CoinMarketCap. Moreover, the token has surged more than 98% in the last 30 days to trade at its current value of $0.057. With a 24-hour trading volume of $201 million, things are looking great for the cryptocurrency.
Also Read: VeChain (VET) Is Up 115% This Year as $0.1 May Just Be The Beginning
But things are expected to get so much better. With its ongoing VeChain renaissance proposal, the asset is predicted to increase by 260% in 2025 and reach significant highs. According to price prediction platform CoinCodex, the asset is expected to reach notable levels in April, hitting a max price of $0.208.
The average price for the month is predicted to be above $0.11. That is a notable increase from its currency position below the $0.06 mark. What is even more interesting is that April is not expected to be an outlier, according to the platform.
Indeed, VET is predicted to remain above the $0.1 mark for seven total months in the coming year. That performance should establish the asset as a viable competitor in the surging cryptocurrency sector.
