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VeChain Completes Multi-Year ABCDE Correction, Eyes Explosive 10x–20x
VeChain completes the long-term ABCDE correction, bounces back from the support level of $0.016 with a market cap of $1.3 billion.
The Q3 2025 DeFi TVL is up 815.4% QoQ, with daily active addresses up 85.2%.
Analyst projections for VET in 2025 include a range of $0.03–$0.08, with a further $0.06–$0.14 range in 2026.
VeChain (VET) has completed a multi-year ABCDE Elliott Wave correction. The price bounced off critical support near $0.016, marking the final Wave E of a four-year adjustment. Analyst observations include oversold conditions and bullish divergences on the Relative Strength Index charts, showing strength and increased support for the asset among investors.
Trading volumes indicate significant progress after 18 months of accumulation, according to a post by the Altcoin Pioneers. Weekly volume has risen sharply, while VET remains undervalued at $0.016 with a $1.3 billion market cap. Its strength in the enterprise blockchain space makes it an excellent choice in preparation for the pending ‘altseason’ due to come.