VeChain (VET) Surges on Interstellar Hard Fork and VTHO Repricing
The price of VeChain (VET) has surged by 3.02% over the past 11 hours, primarily driven by anticipation for its upcoming Interstellar hard fork and EVM upgrade.
The Interstellar hard fork is set to activate on September 16, 2026, at block height 25,902,540, and will bring VeChainThor's EVM up to parity with recent Ethereum upgrades. This upgrade will introduce new opcodes, cryptographic precompiles, and protocol safeguards, making it a significant technical leap for the network.
The rally is also attributed to the sharp repricing of VeThor Token (VTHO), which has increased by 30.68% in 24 hours. VTHO's tokenomics have become more deflationary after recent upgrades, and its role as a gas token on the VeChainThor chain has led to increased interest.
The overall crypto market backdrop is also supportive, with rising volume, open interest, and mildly increased willingness to rotate into altcoins. However, it's essential to note that this move does not appear to be driven by any hidden exploit or one-off event, but rather incremental re-rating as Interstellar approaches.