What is VeChain (VET)

Start learning about what is VeChain through guides, tokenomics, trading information, and more.
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.
Tokenomics describes the economic model of VeChain (VET), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
VeChain TokenomicsPro Tip: Understanding VET's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for VET aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of VET? Check it out now!
VeChain Price PredictionThe information on this page regarding VeChain (VET) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
Amount
1 VET = -- USD
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