VeChain (VET) has experienced a notable surge of 18%, reaching $0.0351 during the current week. This strong performance stands out, especially when compared to Bitcoin, which saw a more modest 2.2% increase to $42,850 per coin. While there doesn't appear to be a specific catalyst for VET's rally, discussions among crypto enthusiasts point to a significant increase in search requests related to the VeChain blockchain. In Q4 2023, there was reportedly a 63% rise, reaching 392 million searches.

Additionally, trading volumes for VET have seen a substantial 95% increase in the last 24 hours. The altcoin is currently trading above the resistance of its uptrend at $0.032. This situation might signal potential overbought tension, raising concerns about a possible correction. However, if VET manages to surpass the $0.0350 resistance, a further jump to $0.0400 could be on the horizon.