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VeThor Erupts: What’s Fueling the Sudden Surge Behind VeChainThor’s Rise?

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The VeThor token (VTHO), the utility gas token of the VeChainThor blockchain, experienced a dramatic surge in value recently. On April 14, 2025, VTHO’s price skyrocketed from $0.00167 to an intraday high of $0.003399 on Binance, before settling at $0.002891. This marks an impressive 39.1% gain within a single day, reflecting renewed interest and optimism in the token.

Trading Volume Surges Amid Growing Interest

Alongside the price increase, VTHO saw a massive surge in trading volume. Over 24 hours, trading activity reached $504.88 million, indicating heightened investor enthusiasm. This spike in volume often suggests both increased retail participation and larger institutional interest in the token’s potential.

What’s Driving the VTHO Price Surge?

One of the most important catalysts for the recent price surge was the news that UFC CEO Dana White has become a member of VeChain’s advisory board. The announcement, revealed on April 14, represents a major step toward mainstream adoption of blockchain. White’s alliance brings significant exposure to the VeChain ecosystem due to UFC’s international presence in over 950 million households.

His participation, as well as that of Nobel Prize-winning physicist Sir Konstantin Novoselov, is anticipated to increase the impact of VeChain’s sustainability initiative, VeBetterDAO. This platform incentivizes users for sustainable behavior with the use of B3TR tokens, with VTHO taking a central role by fueling its transactions.

Anticipation Around VeChain’s Upcoming Upgrade

Another support factor for the bullish outlook is the VeChain Renaissance upgrade anticipated later in 2025. The update has pledged to bring essential enhancements to blockchain security, decentralization, and support for Ethereum Virtual Machine (EVM) compatibility, which will make the network more developer- and enterprise-friendly.

Short-Term Caution as Indicators Turn Bearish

Despite the rally, some short-term signs urge caution. A bearish candle pattern on the daily chart has formed, pointing to profit-taking or potential selling pressure ahead. The Relative Strength Index on the daily time frame has fallen after coming close to overbought levels, and the Stochastic RSI is indicating overbought readings at a value greater than 93. These indicators are warning of a possible short-term pullback or consolidation phase.

If VTHO does not cross the resistance level of $0.00335, it will likely fall to the support zone of $0.002065.

Long-Term Outlook Remains Optimistic

Although there are short-term issues, the long-term future for VTHO is bright. Continuing innovations such as VeBetterDAO, powerful collaborations such as UFC and Power Slap, and VeChain’s increased adoption strategy could all create sustained demand for VTHO.

In addition to this, VTHO’s deflationary cycle, which incinerates 70% of tokens being utilized in transactions, assists in diminishing supply over time. This may give underlying support to future price appreciation as network usage increases.

The post VeThor Erupts: What’s Fueling the Sudden Surge Behind VeChainThor’s Rise? appeared first on Coinfomania.

14h ago
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