VeChain
ATH / ATL
24h Price
24h summary
Over the last 24 hours, VeChain moved from $0.004624 to $0.004538. The session high was $0.004637, the low was $0.004478, and the intraday range was $0.000159 / 3.4%.
- 24h open
- $0.004624
- 24h close
- $0.004538
- 24h high
- $0.004637
- 24h low
- $0.004478
- Volatility / range
- $0.000159 / 3.4%
- Updated
Monthly Returns heatmap
Heatmap summary
VeChain posted 39 positive months out of 97. The longest positive streak lasted 6 months, while the longest negative streak lasted 7 months.
- Strongest month
- Apr 2021 +129.2%
- Weakest month
- Nov 2018 -54.1%
- Longest positive streak
- 6 Nov 2020 — Apr 2021
- Longest negative streak
- 7 Sep 2025 — Mar 2026
- Luckiest calendar month
- Nov • avg 17.5% • 8 mo.
- Unluckiest calendar month
- Sep • avg -9.5% • 8 mo.
Networks
Supported exchanges
About the coin
VeChain is a blockchain platform focused on enterprise solutions. It aims to connect blockchain technology to the real world by enabling businesses to track and manage their supply chains, product information, and other critical data.
The VeChainThor blockchain is designed to support a wide range of business applications, from product authentication and anti-counterfeiting to supply chain management and sustainability tracking.
A core component of the VeChain ecosystem is its dual-token model. This model is intended to balance the needs of different stakeholders within the network, including users and developers.
The primary utility token of the VeChain network is VeChain (VET). VET is used for staking and generating VeChainThor Energy (VTHO), which is the gas fee for transactions on the network. This separation of concerns is designed to create a more stable and predictable transaction fee structure.
VeChainThor Energy (VTHO) is consumed when users interact with the VeChainThor blockchain, such as deploying smart contracts or executing transactions. The amount of VTHO required for a transaction depends on the complexity and computational resources needed.
The platform emphasizes enterprise adoption, working with various industries including automotive, luxury goods, food and beverage, and pharmaceuticals. Its goal is to provide transparent, traceable, and immutable records for business processes.
VeChain's technology allows for the creation of digital identities for physical products. This can include features like:
- Product origin verification
- Authenticity checks
- Temperature and humidity monitoring
- Ownership transfer tracking
- Recall management
The VeChain network utilizes a Proof-of-Authority (PoA) consensus mechanism. In a PoA system, transactions are validated by a pre-approved set of trusted authorities, which is intended to offer higher transaction speeds and energy efficiency compared to some other consensus models.
VeChain has also developed VeChain ToolChain, a blockchain-as-a-service (BaaS) platform. ToolChain simplifies the integration of VeChain's blockchain capabilities into existing business systems, making it more accessible for companies without deep blockchain expertise.
The platform supports smart contracts, enabling developers to build decentralized applications (dApps) and automate business logic on the VeChainThor blockchain.
VeChain's vision extends to creating a more sustainable and transparent global economy by providing the tools for businesses to operate with greater accountability and efficiency.
The VeChain ecosystem is supported by a community of developers, businesses, and users who contribute to its growth and adoption.
VeChain (VET) is available on various blockchain networks, including its native VeChain chain and as a token on other compatible blockchains like BNB Smart Chain.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the VETUSDT market feed.
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