VET costs have recovered following VeChain and Rekord’s partnership on EU-compliant digital product passports and RWA infrastructure.
On the time of writing, VeChain (VET) was buying and selling at $0.01345, up 2.7% prior to now 24 hours after weeks of bearish momentum.
Partnership between VeChain and Rekord
Copy hyperlink to part
VeChain’s new partnership with Rekord is concentrated on constructing a dependable, EU-compliant digital product passport and real-world asset tokenization infrastructure.
The partnership will combine VeChain’s enterprise-grade blockchain with Rekord’s API-first belief layer, making a seamless approach for enterprises to safe product knowledge, paperwork, and course of logs on-chain with out altering current programs.
This strengthens VeChain’s long-standing place in provide chain transparency and sustainability reporting.
By permitting producers to seize and confirm product info straight on the supply, the system ensures that knowledge anchored on VeChainThor is persistent, verifiable, and amenable to regulatory audits.
Rekord’s API is already stay in manufacturing with multi-chain capabilities, and the primary transactions have been pushed to the VeChain community.
The timing of this partnership is important as Europe prepares to implement ecodesign laws for sustainable merchandise in 2026.
The regulation requires digital product passports for a variety of merchandise that mix compliance, sustainability and round financial system objectives.
With Rekord’s belief layer to validate knowledge and VeChain offering a scalable blockchain spine, companies can put together for these guidelines with out disrupting their workflows.
Future Hayabusa laborious fork
Copy hyperlink to part
Past the partnership with Rekord, the VeChain ecosystem can also be getting ready for its subsequent mainnet improve, known as the Hayabusa laborious fork.
The Hayabusa laborious fork is scheduled for December 2nd with a block top of 23,414,400 and shall be some of the essential upgrades in VeChain’s historical past.
With this improve, VeChain will transfer from its present Proof-of-Authority setup to a extra decentralized Delegated Proof-of-Stake mannequin.
This transition is meant to enhance community safety and encourage broader participation in governance.
Within the new dynamic rewards system, solely staked VET generates VTHO, creating stronger incentives for token holders to assist community operations.
Hayabusa will launch alongside the StarGate mainnet, enabling NFT-based staking and validator delegation.
Exchanges, together with Bithumb, have allowed the suspension of deposits and withdrawals through the improve, underscoring its scale and significance.
The testnet launch on November 4th and improve to v0.68 on Tuesday, November twenty fifth laid the groundwork, and the transition interval will proceed till December ninth.
Notably, this improve is a significant step in the direction of decentralization, improved tokenomics, and enhanced enterprise-level efficiency, contributing to renewed consideration to VeChain worth tendencies over the previous week.
VET worth outlook
Copy hyperlink to part
With VeChain and Rekord’s partnership driving market sentiment, all eyes are on the upcoming Hayabusa improve.
VeChain community upgrades, staking incentives by way of StarGate, and the introduction of real-world property present robust fundamentals to assist a gradual restoration in VeChain worth for merchants looking for short- to medium-term earnings.
Technical indicators level to assist close to the 23.6% Fibonacci retracement at $0.0131, whereas fast resistance lies close to the 38.2% Fibonacci retracement at $0.0149.
VeChain worth evaluation |Supply: TradingView
If the bullish momentum continues, VET worth might take a look at $0.0163 inside the subsequent two weeks.
Conversely, a decline beneath $0.0131 may set off a short-term rebound in the direction of the 24-hour low of $0.0128.
