VET +382.65% in 24 Hours Amid Market Surge

On SEP 8 2025, VET rose by 382.65% within 24 hours to reach $0.02434, VET rose by 209.03% within 7 days, rose by 115.99% within 1 month, and dropped by 4339.36% within 1 year.

The recent price surge of VeChain’s native token, VET, marks one of the most dramatic short-term movements in the altcoin space. Following a sharp decline over the past year, the token has seen a rapid reversal in sentiment, with a 382.65% rise in a single day. This spike has brought the token's price back to levels last seen months prior, reigniting interest among traders and investors who had previously exited the position.

The 24-hour gain is the most significant of VET’s recent price movements, outpacing both the 209.03% gain over the past week and the 115.99% rally seen over the last month. The dramatic reversal suggests a potential shift in the token’s momentum and has drawn attention to the broader VeChain ecosystem, including its partnerships and smart contract activity.

Analysts have noted that the recent price action may reflect increased on-chain activity and growing interest in blockchain solutions related to supply chain management and enterprise adoption. VeChain has continued to expand its network of partnerships and enterprise clients, which may underpin the renewed interest in the token. While no formal announcements were made, the timing of the rally aligns with broader market optimism and increased trading volumes in altcoins.

Backtest Hypothesis

A recent backtesting strategy suggests that VET’s price movements may be effectively analyzed using a combination of moving averages and relative strength index (RSI) indicators. The strategy tests the performance of a long entry triggered when the 50-period moving average crosses above the 200-period moving average, while the RSI remains above 30 and within a rising trend. A short position is triggered when the RSI exceeds 70 and the moving average crossover shifts to a bearish signal.

This method was applied to historical VET price data and showed potential for capturing the recent upward trend, particularly during the 7-day and 24-hour price surges. The hypothesis aligns with the observed price behavior, indicating that a systematic approach based on trend-following indicators might have successfully identified entry points during the recent rally. The results, however, are not indicative of future performance and should be validated against real-time market conditions.