VeChain’s price is experiencing a significant upward surge today, leading market gains. The token has climbed nearly 4%, trading around $0.02599, with trading volume soaring by more than 200% in the past day. 2024 was marked by relative quiet for VeChain’s price but this recent boost is being driven by several key factors. 2025 saw a surge in activity with over $125 million locked through the StarGate staking program since July 1st, which has led to a significant reduction in VET’s inflation rate. This supply shock is likely contributing to the positive momentum that analysts like Michael van de Poppe have noted, aligning with historical price rallies. 2024’s strong performance was backed by announcements of partnerships such as BitGo on July 29th for regulated custody and inclusion in Franklin Templeton’s $780M tokenized fund just days earlier. These strategic moves bolster VeChain’s long-term potential, though it didn’t immediately translate to a price surge, but the future impact will become clearer as we look at inflows on the VeChainThor network in Q4. 2024’s breakout from its downtrend is another reason traders are optimistic. The charts show VET has broken free of a long-held resistance and is now experiencing bullish momentum, with analysts like Javon Marks setting an ambitious target of $0.25315 if momentum sustains, which could translate into an 840% increase from current levels. If VET price manages to push above the $0.030 mark, it could unlock even greater gains in the coming months. The combination of on-chain fundamentals and institutional support has propelled VeChain’s rally, making it one of the few altcoins standing out today.