The crypto market is struggling today, and many coins are down, including VeChain Thor (VET) and Ethereum (available on Coinbase) Classic (ETC). However, despite all the red, the coins are progressing in their projects.

VeChain Thor (VET)

VeChain Thor (VET) is currently selling for $3.11, which puts the coin down 14.49% in the past 24 hours.

Source: CoinMarketCapThe VeChain Thor public testnet is now up and running, getting ready to go live at the end of June. Leading up to its mainnet launch, VeChain has announced several big partnerships.

The VeChain Foundation is joining the BMW Startup Garage program. There are still very little details about this partnership, but BMW may be one of the companies doing tests on the blockchain, maybe with the concept of supply chain in mind.

Another exciting collaboration for the cryptocurrency is its deal with Oxford University in Oxford, England. Details are still scarce for this partnership as well, but the university will in some way be working on the development of the VeChain Thor platform.

Are you excited about the future of VeChain Thor? Do you think the coin will be able to separate itself from the herd enough to start growing?