VECHAIN opens doors for institutional investors in Europe: Renaissance project and mica license strengthen trust and market position
VECHAIN opens doors for institutional investors in Europe: Renaissance project and mica license strengthen trust and market position
VECHAIN: Progress with the Renaissance project and market expansion in the EU
The Blockchain project Vechain (VET) makes significant progress with the development of its Renaissance project, which is in connection with the recently acquired Mica license (Markets in Crypto-Assets). This license enables VECHIAC to offer companies in all Member States of the European Union and is increasingly attracting institutional investors who want to expand their activities in Europe.
updates at Governance and Tokenomics
VECHAIN SHOULD to update the tokenomics and staking reward system in the course of the second quarter of 2025. These measures are intended to strengthen the trust of investors in the system and promote long -term binding of investors. The immediate effect of these announcements was a leap in Vet prize, which indicates the great interest and enthusiasm of the market.
Renaissance project should strengthen Vechain’s skills
The Renaissance project, the introduction of which is planned for July 2025, is intended to bring a number of improvements that increase the performance, security attributes and scalability of the Vecharthor blockchain. Analysts, including Michaël van de Poppe, predict that this project could develop the blockchain into a dominant solution at the company level. Investors are eagerly observing how the Renaissance project will change the market position and the ecosystem of VECHAIN.
After the announcement of the Renaissance project, the market reacted quickly. The price of VET rose by 8.24% within two hours and the trading volume doubled. During this period, the trading pair VET/BTC rose by 7.5%. The number of active addresses in the VECHAINTHOR network also grew significantly by 15%.
entry to the European market
The acquisition of the mica license is an important business milestone for Vechain and enables the company to expand its blockchain technology in the EU. Market analysts believe that these certifications have the potential to attract more institutional investments and to strengthen Vechain's reputation on the European market.
The positive market reaction to the message of the mica license was clear. Data show that Binance users doubled their trading volume for the trading couple Vechain-Unddt on April 1 from 150 to 300 million. The trade pair VET/ETH also experienced an increase of 6.8%, which indicates an increasing interest in Vechain.
outlook on future development
With the upcoming governance reforms and the intended improvement of the staking premium systems, Vechain plans to optimize the sustainability functions of its platform and to promote the trust of investors sustainably. Forecasts indicate that the introduction of improved staking systems could increase the demand for VET and create a stable basis for the system.
Technical indicators show that interest in vet token is still strong. The relative strength index (RSI) rose from 60 to 72 in a short time, which indicates high market demand. Other technical indicators also indicate bullish market movements.
Current data also show that although there are no direct AI developments, the cryptocurrency market benefits from progress in the field of artificial intelligence. The influence of AI trade algorithms has already led to an increase in VET's commercial volume.
Overall, Vechain shows great potential for a significant expansion, since the company has received the necessary permits for the start of the Renaissance project. Companies and investment groups observe developments in the blockchain sector with great interest, since significant improvements are expected in the coming months.