According to Michaël van de Poppe, VET is currently consolidating within an accumulation range, which is often a precursor to significant price action in the cryptocurrency market. The upcoming substantial reduction in VTHO inflation is expected to positively impact VET's price, as the market tends to react strongly to supply-side changes. Historically, such supply reductions can lead to larger upward moves compared to previous cycles, as traders and investors price in the effects of lower inflation on VTHO and its relationship to VET. This scenario provides a bullish setup for VET, with potential for increased trading volume and volatility as market participants anticipate and react to these tokenomics changes (source: Michaël van de Poppe).

According to Michaël van de Poppe, VeChain ($VET) is strategically tapping into a $16 trillion tokenization market, focusing on sustainability initiatives. The VeChain Renaissance encompasses a comprehensive tokenomics adjustment, which includes rewarding everyday actions through $B3TR and implementing deflationary mechanics on VTHO. These strategic moves could enhance $VET's market position and trading potential by increasing demand and reducing supply, thereby potentially influencing price positively.