New Partnership Focuses on Regulatory Compliance
VeChain has teamed up with Rekord to develop digital product passports that meet European Union standards. The collaboration aims to create infrastructure for real-world asset tokenization that businesses can use without overhauling their existing systems.
At the moment, VET is trading around $0.01345, showing a modest 2.7% increase over the past day. This comes after several weeks of downward pressure on the token’s price. The timing of this partnership seems particularly relevant as Europe prepares to implement new sustainability regulations in 2026.
What makes this interesting is how they’re approaching it. Rekord brings its API-first trust layer to the table, while VeChain provides the blockchain backbone. Together, they’re creating a way for companies to securely store product data, documents, and process logs on-chain. The system allows manufacturers to capture and verify product information directly at the source, making the data permanent and ready for regulatory audits.
Major Network Upgrade Approaches
Beyond the partnership news, VeChain is preparing for what might be one of its most significant technical upgrades yet. The Hayabusa hard fork is scheduled for December 2, marking a fundamental shift in how the network operates.
This upgrade will transition VeChain from its current Proof-of-Authority consensus mechanism to a Delegated Proof-of-Stake model. I think this change could potentially improve network security and encourage more people to participate in governance. Under the new system, only staked VET will generate VTHO rewards, which creates stronger incentives for token holders to support network operations.
The upgrade isn’t happening in isolation—it’s launching alongside the StarGate mainnet, which will enable NFT-based staking and validator delegation. Major exchanges like Bithumb have already confirmed they’ll temporarily suspend deposits and withdrawals during the transition period, which runs through December 9.
Market Response and Technical Outlook
Traders appear to be responding positively to these developments, though the price movement has been relatively modest so far. Technical analysis shows support around $0.0131, with immediate resistance near $0.0149.
If the current momentum holds, we might see VET testing the $0.0163 level within the next couple of weeks. However, there’s also the possibility of a pullback if the price drops below that $0.0131 support level, potentially testing the 24-hour low around $0.0128.
What strikes me about this situation is how VeChain continues to focus on enterprise applications while also working to improve its underlying technology. The combination of real-world partnerships and network upgrades could provide some solid fundamentals for the project, though market conditions will ultimately determine how this plays out.
The European regulatory landscape seems to be creating opportunities for blockchain solutions, particularly around supply chain transparency and sustainability reporting. Whether this translates into sustained price appreciation remains to be seen, but the developments are certainly worth watching.
