Key Takeaways
- •VET trading near 2023 lows, indicating a potential accumulation zone.
- •The Hayabusa mainnet launch is set to reduce VTHO issuance by 30% and enhance staking rewards.
- •Technical indicators suggest a breakout above $0.021, with a target of $0.12.
VeChain (VET) is generating significant interest in the cryptocurrency market, with analysts forecasting a potential bullish breakout. Currently trading below $0.02, VET has reached its lowest valuation since 2023, a point that has historically preceded substantial price increases. Prominent crypto analyst Michaël van de Poppe has noted VET's consistent development and resilience, even amidst a bearish market sentiment, positioning VeChain as a compelling altcoin for investors seeking undervalued assets.
$VET is knocking on the door to be added to my #Altcoin portfolio.
— Michaël van de Poppe (@CryptoMichNL) October 23, 2025
The reason for that is that I invest in projects that keep on building, despite a negative market sentiment.#Vechain is clearly doing that, as they keep on providing big updates on a monthly basis.
Let's talk… pic.twitter.com/1koErLonPk
Fundamental Growth Driven by Hayabusa Mainnet and Staking Enhancements
On a fundamental level, VeChain continues to advance with its Hayabusa mainnet upgrade. This upgrade introduces validator nodes and reconfigures staking tiers. These changes are designed to redistribute VTHO rewards, leading to an approximate 30% reduction in issuance and an increase in rewards for active participants in the ecosystem.
The growing volume of transactions within the VeChain ecosystem, coupled with the expansion of its decentralized applications (dApps), further strengthens its value proposition. This creates a positive feedback loop, and VeChain's sustained development across multiple bear markets highlights its long-term potential.
Market Outlook and Analyst Insights for 2025
From a technical perspective, market charts indicate a promising trajectory for VET. The current price is approaching the 1.618 Fibonacci level, which serves as a critical resistance point. If VET successfully breaks through this level, it could ascend towards $0.12, potentially yielding a 5x to 10x return based on historical price patterns.
The formation of a second bottom in 2025 mirrors the setup observed during the COVID-19 crash, suggesting a favorable buying opportunity for long-term investors. Furthermore, staking through the StarGate program currently offers an Annual Percentage Yield (APY) of 9%, which can enhance returns for those holding VET during the anticipated market recovery.
With the anticipated merge of Hayabusa to the mainnet, now may be an opportune moment for investors to consider adding VET to their altcoin portfolios. As market sentiment evolves, VeChain's combination of technical strength and ongoing fundamental development could drive significant upward price movement.