One of the most significant advantages VET has over several other platforms in the crypto market is that VeChain was designed for real-world use. The high traction of VeChain’s offerings among mainstream businesses and the uptick in its adoption could send the VET price upwards, making it a valuable investment to consider.
In addition to enterprise applications, the VET price statistics could also enjoy support from the development of more dApps on its platform. As more developers and users flock to the blockchain, the increase in uptick activity could also drive the price of VET upwards.
As one of the largest cryptos by market cap, the VeChain price is heavily influenced by market sentiment. A bullish mood among investors could increase the confidence of buyers to invest in VET and make it trend upward, making it worth adding to your crypto portfolio.