Blockchain platform VeChain has launched its "VeChain Renaissance" phase, which focuses on supporting the Ethereum Virtual Machine (EVM) and JSON RPC standards. This upgrade allows for better interoperability between blockchain systems and opens up new partnership prospects. The adoption of EVM standards also allows for smoother interaction with other EVM networks. The platform aims to assist businesses and developers in transitioning from other blockchains and highlights its fee delegation and multiple-clause transaction capabilities. VeChain also aims to connect its ecosystem with other networks through cross-chain bridges and support for stablecoins. The native token, VET, has seen a positive response to the announcement, with a 4.58% increase over the week. An analysis suggests that VET may experience a massive bull trend in the future, with a projected potential surge of over 1,500%.



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