Technical Snapshot
VET has broken out of a descending triangle on the daily chart — a potential early signal of trend reversal. If the price holds above $0.0275, the next targets may lie in the $0.030–0.032 zone. Volume is showing modest growth, while RSI and MACD are beginning to turn upward.

$VET



From Logistics to Blockchain Infrastructure

Launched in 2015, VeChain began as a supply chain solution aimed at improving transparency, combating counterfeit goods, and enhancing traceability through blockchain technology. It was founded by Sunny Lu, former CIO of Louis Vuitton China.

Over the years, VeChain has secured partnerships with major enterprises including Walmart China, BMW, PwC, and DNV, establishing itself as one of the few blockchain projects with real-world business adoption.

In 2018, the project rebranded from VEN to VET, launching the VeChainThor blockchain. It introduced a two-token system:

  • VET: stores and transfers value,

  • VTHO: used for transaction fees and network operations.

The network operates on Proof-of-Authority (PoA) — a low-energy, enterprise-friendly consensus mechanism.

The Hype Era and the Crash

VeChain gained strong momentum in the 2021 bull run, reaching an all-time high above $0.27. The surge was fueled by growing demand for supply chain transparency during the pandemic and the overall crypto market euphoria.

However, 2022 brought a significant correction. Like many altcoins, VET dropped sharply, eventually consolidating below $0.03 for an extended period.


Building Again with Real Utility

Today, VeChain is no longer a speculative hype token — it's building quietly but steadily:

  • Integrating AI and IoT solutions into its ecosystem,

  • Pushing into ESG (Environmental, Social, Governance) initiatives,

  • Partnering with both governments and corporations for on-chain transparency and carbon tracking.

The project continues to deliver infrastructure-level innovation in the Web3 space, with a focus on sustainability, traceability, and compliance.

Investor Perspective
Despite market cycles, VeChain remains a fundamentally strong project backed by real-world usage, a competent team, and consistent development. Some long-term holders still regard VET as a sleeping giant — undervalued yet quietly gaining traction.

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