VeChain's Galactica testnet is live; mainnet launch set for July 1, with a focus on enhancing network performance and community cohesion.
Investors are eyeing VET, the native token, ahead of the upgrade, speculating on potential value appreciation when the purported structural changes are implemented in July.
The tokenomics update incentivizes community participation through rewards for Economic Nodes and X-Nodes, fostering decentralization and compliance with regulations, ultimately attracting more users.
VeChainThor's Ethereum-compatible tools facilitate interoperability and developer access, aiming at broader adoption outside the cryptocurrency native user base, benefitting businesses and institutions as well.