VeChain (VET) Price Prediction 2025-2030: Can VET reach $1 in 2025?

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Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.

VeChain (VET) is a blockchain platform that aims to provide businesses and organizations with a secure and efficient way to track and manage their supply chain operations. The platform utilizes a combination of blockchain technology, smart contracts, and IoT (Internet of Things) devices to provide real-time visibility and data for all parties involved in a supply chain.

Read Price Prediction for VeChain [VET] for 2023-24

VeChain has a two-token system, VET and VTHO. VET is used as the value-transfer token while VTHO is used as the token to pay for the usage of the VeChain blockchain. The VTHO token is generated automatically as a reward for holding VET and is used to pay for the cost of using the network, such as for smart contract execution and data storage. VeChain has also partnered with several major businesses and organizations, such as BMW, PwC, and DNV GL, to develop and implement blockchain-based solutions for various industries. 

According to CoinMarketCap , VET was trading at $0.0273, at press time, down 6.31% in the past 24 hours. The token’s market capitalization stood at $1,979,226,839, making it the 35th largest crypto in the world.

After reaching an all-time high price of $0.280991 on 19 April 2021, VET saw a significant correction in price as the overall cryptocurrency market cooled off. The price of VET fell to a low of around $0.25 in early 2018, before gradually recovering over the next few years.

In 2021, VET once again saw a significant price increase, reaching a new all-time high of over $0.70 in May of that year. Since then, the