VeChain and BCG Partner to Reduce Carbon Emissions in Textile Industry
VeChain has teamed up with Boston Consulting Group (BCG) to utilize blockchain technology in order to drive sustainability initiatives within the textile industry. The main objective is to promote a circular economy and enhance textile material recycling, leading to a reduction in greenhouse gas emissions. As a result of this partnership, VeChain’s token (VET) witnessed an increase of 8.2% and 3.9% on the 14-day and 7-day price charts, respectively. Currently, VET is trading between $0.02743 and $0.02931.
Over 30 Million ETH Staked on Ethereum
Nansen, an analytics company, reports that over 30 million ETH, which accounts for 25% of the total ETH supply, has been staked on Ethereum. This higher amount of staked coins leads to a decrease in circulating supply, which can have a positive impact on prices. Since January 23rd, the price of ETH has been firm, rising from $2,272.09 to $2,442.97 and breaking above the resistance level of $2,440.09 as bulls aim for $2,500.
Pullix Achieves Milestone with Over 15,000 Users in Presale
Pullix is experiencing significant growth during its ongoing presale phase. The platform intends to introduce a hybrid trading platform that enables seamless trading of both conventional and cryptocurrency assets. Its native token, PLX, provides users with access to specific services, discounts, and staking rewards. Currently, PLX is being traded at $0.1 in stage 7 of the presale.
Conclusion
VeChain and Ethereum are making strides in their sustainability efforts, while Pullix, a new DeFi project, is attracting a large number of users during its presale. Analysts anticipate further growth in the coming days.
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