VeChain (VET) Archives - Coin Engineer

Grayscale Updated Altcoin Watchlist! Which Altcoins Have Been Added?

Emre Yumlu — Sat, 12 Apr 2025 17:30:38 +0000

Grayscale, the world’s largest crypto-focused asset management firm, has expanded its list of digital assets under consideration by adding 14 new altcoins. The updated watchlist now includes a total of 40 cryptocurrencies that may be integrated into the company’s existing or future investment products.

The updated list is categorized as follows:

Smart Contract Platforms: Aptos (APT), Arbitrum (ARB), Babylon (BABY), Berachain (BERA), Celestia (TIA), Hedera Hashgraph (HBAR), Mantle (MNT), Monad, Movement (MOVE), Toncoin (TON), TRON (TRX), VeChain (VET)
Financial Services: Aerodrome (AERO), Binance Coin (BNB), Ethena (ENA), Hyperliquid (HYPE), Jupiter (JUP), Lombard, Mantra (OM), Maple (SYRUP), Ondo Finance (ONDO), Pendle (PENDLE), Plume Network (PLUME)
Culture and Meme Coins: Aixbt by Virtuals (AIXBT), Eliza (ELIZA), Immutable (IMX), Story (IP)
Special Use Case Tokens: Akash Network (AKT), Artificial Superintelligence Alliance (FET), Arweave (AR), DeepBook (DEEP), Eigen Layer (EIGEN), Geodnet (GEOD), Grass (GRASS), Helium (HNT), Jito (JTO), Prime Intellect, Sentient, Space and Time, Walrus (WAL)

What Altcoins Did Grayscale Add to Its List?

These are the assets that were not present in the previous review and have now been added to Grayscale’s consideration list:

Babylon (BABY), Berachain (BERA), Monad, Movement (MOVE), VeChain (VET), Lombard, Mantra (OM), Maple (SYRUP), Plume Network (PLUME), Aixbt by Virtuals (AIXBT), Eliza (ELIZA), DeepBook (DEEP), Geodnet (GEOD), Walrus (WAL).

Grayscale currently manages approximately $20 billion in crypto assets. Its largest funds are Bitcoin with around $16 billion and Ethereum with about $2.5 billion. The total value of all other crypto asset funds combined stands slightly above $1 billion.

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Coinbase Expands Access: 5 New Altcoins Listed for New York Users

admin — Tue, 20 Aug 2024 15:00:35 +0000

Coinbase, the largest cryptocurrency exchange in the United States, has announced the listing of five new altcoins for its New York-based users.

In a Twitter post on August 19th, Coinbase revealed that Near Protocol (NEAR), Aerodrome (AERO), VeChain (VET), VeThor (VTHO), and PayPalUSD (PYUSD) are now accessible to New York residents.

As is well-known, different states in the US have varying regulations regarding cryptocurrencies. Given New York’s stricter regulations, Coinbase’s approval to list these altcoins is a significant development.

The exchange stated in its announcement, “Five new assets are now available to New York users. NEAR, AERO, VET, VTHO, and PYUSD (ERC-20) are now accessible to NY residents on the Coinbase website and Coinbase iOS/Android apps.”

According to CoinGecko data, these altcoins have seen a surge in price, paralleling Bitcoin’s upward trend. NEAR is trading at $4.1, up 5.2%, while AERO is at $0.658, VET at $0.0235, and VTHO at $0.00206.

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VeChain (VET) Price Prediction (February 16, 2024)

admin — Fri, 16 Feb 2024 13:54:47 +0000

VeChain (VET) is joining the altcoin party in the midst of a broader crypto market upswing, with a staggering 25% price jump in the last 24 hours. This surge pushes VET closer to $0.050, accompanied by a whopping 600% increase in trading volume to nearly $900 million. The weekly gains stand at an impressive 60%+ for VET.

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Bullish Trend and Breakout Potential on VeChain (VET)

The daily chart for VET paints a bullish picture, showcasing six consecutive bullish engulfing candles and a breakout from a rounding bottom pattern with a neckline at $0.040. This indicates a potential continuation of the uptrend. The price briefly touched $0.050, fueling anticipation of a further breakout among sidelined traders.

VeChain (VET)

Analyst’s Bullish Prediction

Crypto analyst Ali Martinez sees exciting potential for VET in the coming weeks. Based on historical patterns, Martinez predicts a significant price move for VET, potentially reaching $0.054 within the current week. This would be followed by a short correction until June, paving the way for a powerful bull run that could send VET soaring to $0.70 by November. This translates to a staggering 13x price rally from current levels.

Key Ecosystem Developments

VeChain’s implementation of Account Abstraction (AA) marks a major step forward, boosting interoperability and introducing programmable smart contract wallets. This innovation not only simplifies blockchain interactions but also enhances user experience and security.

AA revolutionizes blockchain accounts by enabling their programmability through smart contract wallets. Unlike traditional externally owned accounts (EOAs) requiring manual public-private key management, AA offers a more flexible and secure approach.

Smart contract wallets empowered by AA streamline blockchain interactions, improve user experience, and reduce vulnerabilities associated with EOAs. Security features like multisig authorization, account recovery methods, and transaction whitelists further strengthen the system’s integrity.

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