VTHO climbed roughly
↗116%
over the past month following the
Interstellar hard fork activation on the VeChain network, while trading activity declined sharply over the past week.
Network upgrade drives monthly gains
The Interstellar mainnet upgrade
drove activity in recent weeks, with price moving roughly
↗5%
over the past day even as trading volume declined roughly
↘90%
over the past week.
Selling interest follows initial surge
The market showed roughly 2.1 times more sellers than buyers over the past 24 hours, indicating near-term selling interest following the initial price movement.
Cost to bet against the asset
Traders holding short positions paid a premium of roughly 0.15% every 8 hours, reflecting the cost to bet against the asset in current market conditions.
Relative strength within category
VTHO outpaced Layer 1 peers by roughly
↗99%
over the past month, showing relative strength within its category during the upgrade period.