VeChain's VET Surges 29% on Stargate Staking and Revolut Integration

VeChain's native token, VET, has seen a notable price increase, surpassing $0.029 and reaching levels last observed in May 2025. This price surge is primarily driven by two significant developments: the introduction of VeChain's StarGate staking program and its integration into the Revolut platform.

The StarGate staking program, launched on July 1, offers a $15 million reward pool, encouraging users to stake their VET tokens. This initiative has likely boosted the demand for VET as users aim to participate in the staking rewards. Additionally, the inclusion of VET in the Revolut platform has broadened its accessibility, enabling more users to invest in and utilize the token. This move by Revolut, a widely-used digital banking app, has likely attracted new investors to the VeChain ecosystem, further propelling the price of VET.

The price gains of VET amidst these developments underscore the increasing interest and adoption of the VeChain blockchain. The StarGate staking program not only provides a financial incentive for users to hold and stake their VET tokens but also fosters long-term engagement with the VeChain ecosystem. Meanwhile, the integration with Revolut signifies a broader acceptance of VET as a viable digital asset, potentially opening doors for further partnerships and use cases.

Crypto analyst Michael van de Poppe believes VET is poised for a breakout. He noted that VET holds onto a massively strong support and 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.

In summary, the recent price gains of VET can be directly attributed to the launch of the StarGate staking program and its integration into the Revolut platform. These developments have increased the demand for VET, driving its price to levels not seen since May 2025. As VeChain continues to expand its ecosystem and form strategic partnerships, the future outlook for VET remains promising. 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.