- VeChain’s Renaissance update aims to boost decentralization and staking engagement.
- Staking NFTs offer higher APYs, with validators earning up to 20% annually.
- Early Bird Staking Program in July could fuel demand ahead of Hayabusa upgrade.
VeChain is preparing a significant upgrade called the Renaissance update, which will revamp its staking system and tokenomics. The goal is to increase decentralization, encourage more network participation, and boost the utility of its VET token.
Market watchers are paying close attention as the Early Bird Staking Program approaches in July 2025, especially with the broader crypto market showing signs of recovery.
What’s Changing with VeChain’s Staking?
The Renaissance update shifts VeChain from passive VTHO generation to an active staking model. Now, VET holders must stake their tokens to earn rewards. This introduces staking NFTs, which represent different commitment levels and unlock higher annual percentage yields (APYs) based on staking tiers.
Top validators could earn up to 20% annually, and node delegates can reach as high as 12.8% – a notable increase from previous returns.
VeChain has also made it easier for more people to participate by lowering the entry point for economic nodes to just 10,000 VET. This aims to broaden participation within the community.
Related: VeChain (VET) Price Dip: Buy Now or Wait and See?
Early Bird Staking and Hayabusa Anticipation
To build excitement before the Hayabusa upgrade in December 2025, VeChain will launch its Early Bird Staking Program in July.
This initiative will distribute 3 billion VTHO tokens to those who stake early, encouraging immediate engagement and setting the stage for deeper involvement in the ecosystem.
The Renaissance update also includes economic reforms. Notably, 100% of the base transaction fees will now be burned. Additionally, VTHO inflation is set to decrease by 72.2%, a move that could help strengthen the token’s value over time by making it more deflationary.
What’s the Expected Price Action for VET in July?
VET/USD daily price chart, Source: TradingView
As of press time, VET’s market performance shows signs of moderate recovery. The price stands at $0.02692 , reflecting a 2.19% daily increase. Key support is seen at $0.02634, while resistance emerges around $0.02692.
The price has seen some volatility recently. If bullish momentum picks up, VET could break past resistance and aim for $0.027 or higher.
Related: VeChain (VET) Price Prediction 2025-2030: Will VET Price Hit $0.5 Soon?
Technical indicators show neutral momentum right now. The RSI is near the neutral 50 level at 49.75, and the MACD indicates weak bullish momentum.
Analysts at Coincodex predict a July price range of $0.0261 to $0.0328, with an average around $0.0293. This suggests potential gains of up to 21.9% from the current price, making July a potentially significant month for VET as these upgrades roll out alongside market momentum.
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