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NBTC News
Home»Altcoins»VET price gains amid staking, Revolut boost
Altcoins

VET price gains amid staking, Revolut boost

NBTCBy NBTC23/07/2025No Comments3 Mins Read
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VeChain is eyeing fresh gains as altcoins bounce amid the latest bullish catalysts, including massive traction for its recently launched StarGate staking feature and support from Revolut’s Learn & Earn program.

The VeChain (VET) token ranked among the top 100 gainers by market cap on July 18, with the cryptocurrency up double digits over the past week and more than 28% over the past month.

Having broken above $0.022, VET price climbed past $0.029, reaching levels last seen in May 2025 and touching a key resistance zone.

Why is VET price up today?

As noted, VeChain’s native token has surged in recent weeks, particularly following the launch of the StarGate staking platform. The project announced the rollout of the staking feature on July 1, offering up $15 million in rewards to network participants over six months.

VeChain’s price has rallied amid this development, with the blockchain platform’s staking ecosystem seeing over 5 billion VET staked and earning VTHO. On-chain data shows the total value locked in the protocol has jumped to over $140 million. Meanwhile, the program has attracted more than 144,200 new wallets, with over 515,000 VTHO burned.

Crypto analyst Michael van de Poppe believes VET is poised for a breakout.

“$VET holds onto a massively strong support,” he noted on X. “The valuation of #VeChain is similar to the valuation exactly a year ago. However, so much has changed in the past 12 months, as recently they announced their Stargate Staking program which should have a positive impact on price. Why? The inflation rate on $VET is going down significantly, while more and more people are incentivized to be active within the ecosystem –> scarcity.”

The overall altcoin bullishness, which has seen Ethereum (ETH) cross the $3,600 mark and XRP (XRP) target a new all-time high, is also helping VET. Cryptocurrencies reaction to the passage of key crypto bills in the U.S. has also buoyed buyers.

Read more: BREAKING: GENIUS Act passes House, Tim Scott hails stablecoin bill as milestone

Revolut adds VeChain to learn & earn program

VeChain’s potential to record another leg up could be boosted by the latest partnership news.

Specifically, VeChain is teaming up with Revolut to bring crypto rewards in VET to over 60 million customers on the Revolut network. This is possible through VeChain’s addition to Revolut’s Crypto Learn & Earn program. The initiative will introduce millions of users to VeChain and its web3 vision, while rewarding them for learning.

“After eight years of building blockchain infrastructure for the world’s biggest brands, VeChain’s vision for mass adoption is becoming a reality. The Revolut partnership represents a defining moment – bringing real-world blockchain technology directly to mainstream users through rewarded education,” VeChain wrote.

You might also like: VeChain connects to 40 blockchains with WanChain bridge

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