VeChain and Crypto.com Partnership: VeChain has partnered with Crypto.com to provide institutional custody for its tokens VET and VTHO, enhancing security for enterprise clients through a regulated custody platform.
Franklin Templeton's Expansion: Franklin Templeton is expanding its $780 million tokenized fund to include VeChain, allowing investors to purchase and store tokenized Treasury bills, further indicating institutional adoption of blockchain technology.
Market Performance of VeChain (VET): VET currently shows positive investor sentiment but has experienced a slight decline in price. Analysts suggest potential resistance levels and predict possible price increases based on technical indicators.
Analysts' Predictions: Crypto analysts forecast significant growth for VET, with predictions of reaching up to $0.045 or even $0.12 in the long term, supported by historical accumulation levels and bullish market structures.
