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VeChain’s new consensus method might have this effect on VET
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In this bull market, most altcoins are benefiting from the broader market’s movement. However, VeChain has been precipitating its own rally thanks to the arrival of its long-awaited update. Even though this altcoin is still far away from its all-time high, could this be the necessary trigger or will it just be more hype?
VeChain had an explosive week as the market switched gears and the project had its own set of important updates. The announced arrival of POA 2.0 Phase 1 had an impact on the crypto as activation was set in motion yesterday on the testnet.
POA 2.0 is not only an advancement for VeChain, but for blockchains in general as it is the first protocol of its kind in the world. The VeChain Foundation describes it as a combination of
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