Gate News bot message, VeChain has recently announced the launch of the StarGate stake program, which provides a new upgrade for native staking on the VeChainThor Blockchain. The plan establishes a $15 million rewards pool, lasting for six months. According to the new weighted delegated proof of stake consensus mechanism, users only need to hold 10,000 VET to participate in stake. Stake participation

Crypto Assets strategist Ali Martinez predicts that altcoins such as VeChain (VET) and Shiba Inu (SHIB), built on Ethereum Blockchain, will make significant gains by the end of the year. Martinez said the chart of the on-chain project VeChain shows the market structure of its previous cycle, with Rebound expected this summer and potentially explosive rise in the fall. In addition, he noted the performance of the expression coin Shiba Inu and the decentralized oracle network Chainlink, which also have the potential to pump.