- Revising Vechain’s governance aimed at improving tocononomics and staking has fueled investor confidence.
- RSI’s RSI is a bullish crossover from MACD, and the expansion of the Bollinger band shows a strong upward momentum in veterinary prices.
Vechain continues to make a major invasion of Europe as the Renaissance project is expected to begin in July 2025. Additionally, the company has obtained a MICAR license and established it to provide services to European companies. This regulatory permit is a major leap in Vechain’s growth, employing its blockchain solutions more widely across the continent.
Vechain’s price shows strong momentum
Vechain’s governance structure is also found in the process of making significant revisions in the second quarter, designed to improve the tocononomics and staking process. These changes should provide long-term benefits for both investors and network members, supporting the stability and growth potential of the ecosystem.
Source: Michaël Vande Poppe | x
Major announcement Of these strategic developments by renowned Crypto analyst Michaël Vande Poppe on April 1, 2025, prompted a rapid market response. In two hours, Vechain’s native Crypto, Vet rose 8.24%, up from $0.085 at UTC at 10am to $0.092 at UTC at 12:00pm. After the rise, trading volumes increased significantly, up from 2.2 billion veterinarians to 2.5 billion veterinarians over the same time frame. This reflects increased investor demand and liquidity, as mentioned in a previous story.
The Veterinary/BTC trading pair saw significant action and recorded an increase of 7.5%. At 10am at UTC, the veterinarian peaked at 0.0000015 BTC and at noon at 0.00000161 BTC. On-chain action reflected this positive, with active wallet addresses increasing from 10,000 to 11,500, up 15%.
Veterinarian investors’ profits spike
Traders also expressed strong demand for veterinary/USDT trading, jumping from 150 million USDT to 300 million USDT within two hours. Similarly, the vet/eth pair saw a 6.8% spike, climb from 0.00025 ETH to 0.000267 ETH. Positive momentum has been taken over to several trading platforms, with Huobi experiencing a double increase in veterinary/USDT volume from 100 million USDT.
Technical indicators supported the underlying bullish trend. The relative strength index (RSI) moved from 60 to 72, highlighting the rising purchasing pressure. The moving average convergence divergence (MACD) indicator showed a bullish crossover at UTC at 11am, confirming an even more underlying upward trend. Furthermore, the Bollinger Band showed an expansion, reflecting its high volatility and range, and reflecting further price increases.
On-chain metrics also confirmed increased network traction. The average transaction value increased by 10% from $500 to $550, while the number of transactions per day increased by 20%, jumping from 50,000 to 60,000.
Vechain itself is not directly related to AI-related advances, but general market trends in AI-based trading have an impact on its performance. The recent launch of the AI trading platform has increased the token volume of AI tokens by 5%, indirectly affecting veterinarians through changes in sentiment across the market.
Analysts noted that there was a moderately positive correlation of 0.65 between veterinarians and AI tokens last month. This suggests that AI-based market movements could lead to future trading opportunities for Vechain investors.
