VeChain Surges Ahead of Interstellar Upgrade and CLARITY Act Vote
The price of VeChain (VET) surged by 3.75% in anticipation of its upcoming 'Interstellar' network upgrade, scheduled for September 16.
The Interstellar hard fork will bundle 11 Ethereum Improvement Proposals into one upgrade, a move that is expected to expand VeChain's technical surface area and lower the friction for developers to port tooling and contracts.
Regulatory clarity is also seen as crucial for regulated enterprise adoption, with the US Senate set to hold a procedural vote on the CLARITY Act on September 15.
The Materials Data Foundry (MDF), launched by NUS's Institute for Functional Intelligent Materials and the University of Toronto's Acceleration Consortium, is another key catalyst, as it will use VeChain's blockchain for notarization in its dataset linking synthesis protocols to material performance.