VeChain Gains Institutional Backing as Analysts Call for 200% Breakout

• VeChain’s ecosystem upgrades enhance EVM compatibility and cross-chain integration.
• Strategic partnerships with Franklin Templeton and Crypto.com boost adoption.
• Stargate staking offers up to 9% APY, rewarding long-term holders effectively.

VeChain ($VET) has gained traction with analysts and traders as its ecosystem continues to expand. The token traded at $0.02295, posting a daily gain of nearly 1% despite a broader weekly pullback. Short-term volatility remains, but the longer-term case is firming on ecosystem upgrades, strategic partnerships, and new staking incentives.

Market analyst Michaël van de Poppe has identified VeChain as a project to watch, citing both technical setups and fundamental improvements.

$VET is on my watchlist.

The reason for that is that it's such a beautiful setup for a potential breakout, and that the project just keeps delivering…

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