## Overview of VeChain (VET)
VeChain (VET) is the native token of the VeChainThor blockchain, a Layer 1 platform launched in 2015 (originally VEN, rebranded to VET in 2018). VeChain focuses on supply chain management, logistics, sustainability, and IoT, integrating blockchain with real business processes. The founder is Sunny Lu, former CIO of Louis Vuitton China. The platform uses a dual-token model:
- VET: For staking, governance, and transferring value.
- VTHO: Gas token for transactions and smart contracts, generated from VET (100% burned from July 2025, Galactica Upgrade).
Key Features:
- Proof-of-Authority (PoA) 2.0: 101 KYC masternodes, transition to Weighted Delegated PoS in December 2025 (VeChain Renaissance).
- Use Cases: Product tracking, asset tokenization (RWA), sustainable development (UN SDG), partnerships with DHL, PwC, BMW, UFC, Franklin Templeton ($1.5 trillion, July 2025).
- Ecosystem: VeBetterDAO, Mugshot (1 million+ users), GreenCart, Stargate Staking (5.48 billion VTHO bonuses).
Metrics:
- TVL: ~$3–4 billion (6th place among L1).
- Users: 2 million+ wallets, 1 million+ dApp users (Q2 2025).
- VET is traded on Binance, Coinbase, Bybit, MEXC, HTX, Bitget (72 exchanges, 113 markets).
- Emission: Max. 86.712 billion VET, in circulation ~81–86 billion. VTHO: unfixed emission, depends on burning.
- Price (August 6, 2025): ~$0.0184–$0.026 (CoinMarketCap, CoinGecko, Binance).
- Market Capitalization: ~$1.45–$2.11 billion (ranking #44–61).
- Trading Volume (24h): ~$32.5–$60 million, change -3.6% to +56.7%.
- News:
- VeChain Renaissance: Transition to Weighted DPoS, JSON RPC, EVM improvements, MiCAR compliance (EU, 2025).
- Partnerships: Franklin Templeton (BENJI, payment tokenization), UFC, PwC, DHL.
- Stargate Staking: Launch with 5.48 billion VTHO bonuses (July 2025).
- Airdrop: VeBetterDAO, 15% of emission (May 2025), growth of 40–600%.
- Negative: Drop of 50–60% after airdrop, cyber attack (July 4, 2025).
- Bullish Sentiment: 60–70% of posts on X are optimistic, “whale surge” (+46%).
## Technical Analysis
- Current Situation: VET price has dropped by 89.52–91.6% from ATH ($0.2452–$0.28, April 2021) and is trading at $0.0184–$0.026, with a change of -3.6% to +4.26% over 24 hours and -7.9–8.46% over 7 days. The daily chart shows a descending channel, support at $0.0184–$0.0244 (ATL $0.0019, March 2020), resistance at $0.0285–$0.0326. RSI is neutral, possible consolidation.
- Key Levels:
- Support: $0.0184–$0.0244 (FVG cluster, 50-day SMA).
- Resistance: $0.0285–$0.0326, then $0.0382–$0.054.
- Indicators:
- RSI (1D): 50.66–55.88, neutral zone, possible bullish divergence.
- MACD: Bullish crossover on 4H, bearish on daily (MACD 0.00017–0.00021).
- SMA: Price below 50-day ($0.025–$0.026) and 200-day ($0.03), bearish trend.
- Volumes: $32.5–$60 million, growth of 14.9–56.7% (Binance: $5.96–$14.48 million for VET/USDT). Spike to $91 million after listings.
- Chart: Price tests $0.0184–$0.026 in a descending channel. Break above $0.0285 could raise the price to $0.0326–$0.054; break below $0.0184 could intensify the drop to $0.015. Use 4H/1D timeframes. Check TradingView (VET/USDT).
## Fundamental Factors
- Positive:
- Ecosystem: TVL $3–4 billion, 2 million+ wallets, 270+ dApps, Mugshot/GreenCart (1 million+ users).
- Partnerships: Franklin Templeton, UFC, DHL, PwC, BMW, Lukka.
- Innovations: PoA 2.0, Weighted DPoS, VTHO burning, VeBetterDAO, RWA tokenization.
- Bullish Sentiment: 60–70% of posts on X are optimistic, correlation with BTC (0.81–0.87).
- Risks:
- Volatility: Drop of 50–60% after airdrop, cyber attack (July 4, 2025).
- Competition: Hedera, IOTA, WTC in IoT/supply chains.
- Tokenomics: 81–86 billion VET in circulation out of 86.712 billion, selling pressure possible. VTHO inflation reduced, but risks remain.
- Liquidity: Volumes ($32.5–$60 million) below top tokens, Fear & Greed Index 19.83–25 (fear).
- Market Impact: Correlation with BTC (0.81–0.87), the effect of BTC halving in 2024 may support growth in 2025.
## Recommendations
- For Traders: Buy when holding $0.0244 (target $0.0285–$0.054, stop-loss $0.0184). Sell on break of $0.0184 (target $0.015). Use 4H/1D timeframes, watch volumes and news about VeChain Renaissance and partnerships.
- For Investors: Growth potential is linked to real applications (IoT, RWA, supply chains), partnerships, and VTHO inflation reduction, but volatility and competition require caution. Watch for news on TVL, DPoS, and dApps (VeBetterDAO).
- Monitoring: Follow X (@vechainofficial, @CryptoMichNL, @sunshinelu24) and TradingView (VET/USDT). Check CoinGecko, CoinMarketCap, Binance Square.
Contract: VeChain: 0xd85047e5d8c743803f2b9cf69433b7e14587f908 (VeChainThor).
Forecasts for 2025 (from web sources):
- Bullish: $0.045–$0.5497 (DigitalCoinPrice, GOV Capital, CryptoBusy).
- Moderate: $0.0234–$0.091 (Cryptopolitan, CryptoNewsZ, AMB Crypto).
- Bearish: $0.0184–$0.025 (WalletInvestor, CoinCodex).
- 2030: $0.032–$1.50 (Changelly, Noone Wallet, CoinLore).
- 2050: $1.95–$20 (Noone Wallet, CryptoNewsZ), speculative.