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VeChain has partnered with Boston Consulting Group (BCG) to help reduce carbon emissions in the textile industry. Meanwhile, over 30 million ETH has been staked on Ethereum. Amid this, Pullix (PLX) has successfully attracted over 15,000 users in the ongoing presale.
VeChain and BCG partner
VeChain has partnered with Boston Consulting Group to leverage blockchain technology and drive sustainability transformations in the textile industry.
The goal is to promote a circular economy and increase textile material recycling, thereby reducing greenhouse gas emissions in the sector.
Following this, VET prices rose by 8.2% and 3.9% on the 14-day and 7-day price charts, respectively.
Currently, the coin is trading between $0.02743 and $0.02931.
Over 30 million ETH staked on Ethereum
Nansen, an analytics company, notes that at least 30 million ETH, or 25% of the total ETH total supply, have been staked.
The more coins staked, the lower the circulating supply, a net positive for prices.
Since Jan.23, ETH has been firm, rising from $2,272.09 to $2,442.97, breaking above the $2,440.09 resistance as bulls target $2,500.
Pullix hits new milestone
Pullix has been gaining traction in the ongoing presale.
The platform plans to introduce a hybrid trading platform allowing for seamless trading of conventional and cryptocurrency assets.
Its native token, PLX, offers holders access to specific services, discounts, and staking prizes.
The token is trading at $0.1 in stage 7 of the presale.
Conclusion
VeChain and Ethereum are making progress in their respective sustainability efforts. Pullix, a new defi project, has attracted over 15,000 users in its presale. Analysts expect more growth in the days ahead.
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