Current VeChain (VET) Market Data
- Price: $0.02063 USD
- 24h Trading Volume: $30.46 million USD
- Circulating Supply: 85.99 billion VET
- Max Supply: 86.71 billion VET
👉 Track real-time VeChain price movements
What Is VeChain (VET)?
VeChainThor (VET) is a professional-grade layer-1 smart contract platform established in 2015. As a pioneer in real-world enterprise blockchain solutions, VeChain integrates IoT technology, NFC chips, and distributed ledger systems to address industry-specific data challenges across multiple sectors.
Key Innovations
Dual-Token Model:
- VET: Stores value and governs the network
- VTHO ("Gas Token"): Pays for transaction fees
This separation ensures low and stable operational costs.
Enterprise-Friendly Features:
- Delegated gas fees allow smart contracts to cover user transaction costs
- Advanced data preparation model guarantees instant finality
VeChain's Real-World Applications
Core Use Cases
| Industry | VeChain Solution |
|----------|------------------|
| Supply Chain | Anti-counterfeiting via NFC-tracked products |
| Sustainability | Carbon footprint verification for ESG compliance |
| Healthcare | Secure medical data sharing between providers |
👉 Discover how enterprises leverage VeChain
VeBetterDAO: The Next Evolution
VeChain's new VeBetterDAO platform incentivizes sustainable dApp development through:
- Partnerships with Boston Consulting Group (BCG)
- Tools for mass Web3 adoption over the next decade
FAQ
Q: How does VeChain compare to Ethereum?
A: Unlike Ethereum's general-purpose design, VeChain specializes in enterprise-grade solutions with predictable fees and regulatory compliance features.
Q: Where can I stake VET tokens?
A: VET holders earn VTHO by staking in supported wallets like VeChainThor Wallet or exchanges.
Q: What makes VeChain unique?
A: Its real-world business traction sets it apart—major partners include Walmart China, BMW, and PwC.
Why VeChain Matters
VeChain continues leading blockchain integration for global businesses, focusing on:
- Scalable infrastructure
- Regulatory-ready solutions
- User-friendly Web3 onboarding
With its proven track record, VeChain remains a top choice for enterprises seeking tangible blockchain ROI.