How High Could It Go?

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.