Why is VeThor Token (VTHO) Price Pumping 43%?

Vethor Token (VTHO), the native token that facilitates processes and transactions on the VeChainThor blockchain, exploded 43% today to trade around $0.002542 at press time. But what’s driving this sudden pump in VTHO price? While no definitive catalysts have emerged, the price jump comes on the heels of several positive updates from the VeChain team