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Founded in 2015 by Sunny Lu, VeChain began as a blockchain solution for supply chain transparency and anti-counterfeiting. Early enterprise adoption, backing from Fenbushi Capital, and the 2017 ICO paved the way for the launch of the VeChainThor blockchain—an efficient, enterprise-grade Layer-1 network. Major partnerships with organisations such as DNV, Walmart, and BCG helped validate VeChain’s real-world use cases and expand its global reach. As part of its Renaissance roadmap, VeChain is rolling out Ethereum-compatible infrastructure, dPoS consensus, dynamic VTHO tokenomics, and StarGate NFT staking. Combined with MiCA-compliant tokens and enhanced interoperability, VeChain is positioning itself as a blockchain where real adoption, network utility, and sustainability converge to create long-term value.
943
19.82%
649
12.67%
324
35.56%
727
₹81.76B
₹82.45B
86B VET
87B VET
86B VET
#63
0.03%
₹1.50B
1.02%
₹11.52B
₹47.13B
₹24.98
Not enough data
77.66%
VET vs markets
↘ 75.52%
VET vs BTC
↘ 75.68%
VET vs ETH
↘ 74.06%
Tags
logistics
data-provenance
iot
smart-contracts
+4
Network | Address | |
|---|---|---|
VeChain | NA |
Time | Price | Change |
|---|---|---|
Today | ₹0.95 | |
1 Day | ₹0.96 | |
1 Week | ₹0.95 | |
1 Month | ₹1.23 | |
1 Year | ₹4.05 |
AI generated 8h ago
VET's quiet resilience is emerging as it edges past Layer 1 peers over the past week despite broader selling pressure.
Stabilization taking shape
Trading activity is settling down with volume normalizing after a busy period, while VET holds its ground slightly better than other Layer 1 platforms over the past week.
Relative strength showing
VET edged roughly
↗0.46%
ahead of the Layer 1 category average over the past week, showing modest resilience even as selling activity remained elevated.
The latest VET price is ₹0.95. Compared to vechain's value of ₹0.96 from 24 hours ago, there's been a -1% decrease, while the current price is -1% down from ₹0.95 which was recorded one week ago. vechain's all time high is ₹24.98, which was reached on April 17, 2021. This is a -96% change from its price today.
The current circulating supply of vechain is 85,985,041,177. This is 99% of its max supply of 86,712,634,466 VET and 100% of its total supply of 85,985,041,177. The market cap is currently ₹81.76B, which is a result of multiplying the current price of vechain(₹0.95) by the total supply(85,985,041,177 VET). The fully diluted valuation of vechain is ₹82.45B. The diluted valuation of vechain is ₹82.45B.
vechain had 649 buyers, 324 sellers and total 943 trades in the last 24h. vechain was searched 727 times in the last 24h.
VeChain (VET) is an enterprise-grade L1 smart contract platform that seeks to leverage distributed governance and Internet of Things (IoT) technologies to create an ecosystem that addresses major data challenges for various global industries. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. VET generates VTHO and acts as the store of value and value transfer medium, while VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. This dual-token system is designed to avoid fee fluctuations and network congestion. VeChain was founded by Sunny Lu, an IT executive who was formerly CIO of Louis Vuitton China, and Jay Zhang, who previously worked for both Deloitte and PriceWaterhouseCoopers in the finance and risk management sphere.
VeChain operates using an identifier system known as VeChain IDs, which are assigned to products and tracked at each step of a supply chain, creating an environment for all parties involved. The platform seeks to provide stakeholders with detailed information about products and business processes, thereby increasing market transparency and making international trade more efficient. VeChain software allows enterprise developers to create and run decentralized applications (dApps), offering a higher level of services and goods. The project also uses proprietary solutions and developments, including ToolChain, My StoryTool, the VeChainThor blockchain, and Internet of Things (IoT) technology to facilitate processes.
Trending articles
Popularity in posts
#39
Contributors
1,303
Posts
1,303
% About vechain
0.492%
Articles
29
X (Twitter)
64.74% bullish
Sentiment
4.8 ★
Highlights
1,303 unique individuals are talking about vechain and it is ranked #39 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, vechain has an average sentiment score of 4.8 out of 5. Finally, vechain is becoming less newsworthy, with 29 news articles published about vechain.
On Twitter, people are mostly bullish about vechain. There were 68.77% of tweets with bullish sentiment compared to 6.23% of tweets with a bearish sentiment about vechain. 31.23% of tweets were neutral about vechain. These sentiments are based on 10890 tweets.
On Reddit, vechain was mentioned in 4147 Reddit posts and there were 11269 comments about vechain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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