XRP News Today: VeChain Posts 12.12% Weekly Gain Amid Enterprise Expansion IOTA Rises 16% on 2.0 Protocol Push

This week, the cryptocurrency market has turned its attention to two veteran blockchain platforms—VeChain (VET) and IOTA—as they continue to refine their enterprise-focused strategies. While neither has made a significant splash in terms of price performance, both are advancing in ways that could shape their long-term trajectories in the evolving blockchain landscape.

VeChain has seen a modest price increase of 3.84% over the past month and a 12.12% rise in the last week. However, its six-month performance remains weak, with a 23.51% decline over that span. The token currently trades within a range of $0.0183 to $0.0291, with key resistance at $0.0350 and support at $0.0134. Technical indicators such as the RSI at 54.65 and the Momentum Indicator at 0.0041 suggest a market in consolidation rather than a strong trend. The platform continues to expand its real-world applications, particularly in supply chain and asset tokenization, with ongoing partnerships reinforcing its narrative of enterprise adoption [1].

IOTA has shown a more pronounced short-term upward movement, with a 14% gain in the past month and a 16% increase in the last week. However, it has also declined by 8% over the past six months, reflecting a mixed performance. The coin is currently trading between $0.1391 and $0.2475, with resistance at $0.3063 and support at $0.0895. IOTA is undergoing a major transition to its IOTA 2.0 protocol, which includes a new consensus mechanism and governance model aimed at enhancing scalability and interoperability for the Internet of Things (IoT) ecosystem. This upgrade, while still in development, represents a strategic shift that could position IOTA as a more robust infrastructure for machine-to-machine transactions [2].

Both projects are not currently featured in Grayscale’s top-performing assets for the week, with XRP leading the rankings. However, this does not diminish the importance of their ongoing progress. VeChain’s focus on enterprise blockchain adoption and IOTA’s push toward a more scalable IoT infrastructure are both foundational developments that may not immediately translate into price gains but are essential for long-term relevance [3].

Analysts have emphasized that the fundamental progress of these projects should not be overlooked. While price movements are often influenced by macroeconomic and market sentiment factors, the real strength of VeChain and IOTA lies in their ability to deliver tangible use cases and technological improvements [4].

Ultimately, this week has not been one of dramatic price swings for either VET or IOTA. Yet, their strategic advancements suggest that both are laying the groundwork for more substantial achievements in the near future. As enterprise blockchain adoption continues to gain momentum, the question remains which of these two projects will deliver greater value in the evolving crypto market [5].

Source:

[1] VeChain Vs. IOTA - Which Crypto Will Generate Greater Achievements This Week? (https://bitzo.com/2025/08/vechain-vs-iota-which-crypto-will-generate-greater-achievements-this-week)

[3] XRP Hits Remarkable Height On Grayscale (https://timestabloid.com/xrp-hits-remarkable-height-on-grayscale/)

[4] FinTech Connect 2025: 10-Year Milestone, 5,000+ Visitors Return (https://www.coinnewsspan.com/)