The broader cryptocurrency market maintains a constructive tone, with Bitcoin (BTC) sustaining gains above $78,000 on Thursday. The US July Personal Consumption Expenditures (PCE) Price Index inflation came in higher than expected on Wednesday, suggesting that inflation remains elevated. SPX6900 (SPX) and VeChain (VET) recorded double-digit gains over the last 24 hours, emerging as top performers.
US July PCE data hits 3.7%US July Personal Consumption Expenditures (PCE) Price Index inflation was released at 3.7% on Wednesday, higher than the market’s expectation of 3.6%. This suggests elevated inflation, but expectations for a September rate hike continue to fade, with markets pricing in a 38% probability of a 25-basis-point move in the next review cycle, down 55% from a month prior, according to CME FedWatch Tool data.
FedWatch tool. Source: CME GroupScarce assets like Gold and Bitcoin struggle to advance their rally above the key levels of $4,700 and $80,000, as previously reported by FXStreet.
Bitcoin’s recovery struggles to surpass $80,000Bitcoin trades around $78,700 at press time on Thursday, maintaining a bullish near-term bias as price holds well above both the 50-day Exponential Moving Average (EMA) at $68,195 and the 200-day EMA at $72,859.
The pair is consolidating just above the 78.6% Fibonacci retracement at $77,489, measured from $82,850 to $57,800, suggesting strong underlying demand ahead of the cycle-high resistance at $82,850.
Momentum remains firm, with the Moving Average Convergence Divergence (MACD) staying in positive territory and the Relative Strength Index (RSI) hovering in overbought conditions near 78, hinting that the advance is stretched.
Looking up, a sustained push higher would bring the key resistance at the 100% Fibonacci retracement at $82,850 into focus, where profit-taking could slow the current bullish leg. Beyond this zone, the 127.2% Fibonacci extension level at $91,374 could serve as the next bullish target.
BTC/USDT daily price chart.On the flip side, initial support is seen at the 78.6% Fibonacci retracement at $77,489, followed by a broader demand cluster around the 200-day EMA at $72,859. Deeper pullbacks would expose the 50% retracement at $70,325 and the 50-day EMA at $69,200.
SPX and VET rally risks capitulationSPX6900 trades at $0.6167, extending a strong bullish phase after reclaiming territory well above both the 50-day and 200-day EMAs at $0.3822 and $0.4066. This configuration suggests a firmly supportive trend backdrop.
Momentum appears stretched, with the RSI holding deep in overbought territory near 85, and the MACD average lines maintaining a positive slope, hinting at robust but potentially overextended upside pressure.
SPX must surpass the 50% retracement level of $0.7097 to extend its rally toward the $1.00 psychological threshold. The 78.6% Fibonacci retracement near $1.3835 marks a progressively higher target if buyers stay in control.
SPX/USDT daily price chart.Looking down, the 200-day EMA at $0.4066 and the 50-day EMA at $0.3822 form a key support cluster, reinforced by the 23.6% Fibonacci retracement level at $0.3832.
VeChain trades near $0.0064 on Thursday, holding a constructive near-term bullish bias. At the time of writing, VET edges 2% lower on the day, following an 18% rise the previous day.
VeChain remains capped below the 200-day EMA at $0.00702 and holds well above the 50-day EMA at $0.00507. From a technical perspective, the 78.6% Fibonacci retracement of the $0.00812-$0.00425 downswing, at $0.00707, aligns with the 200-day EMA resistance, where a confirmed breakout could extend the rally toward $0.00812.
Momentum remains strong, with the RSI hovering in overbought territory near 75 and the MACD turning positive, suggesting that upside pressure persists.
VET/USDT daily price chart. On the downside, initial support is seen at the 50% retracement at $0.00587, with deeper demand clustered around the 50-day EMA at $0.00507 and the 23.6% Fibonacci retracement level at $0.00495.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
VeChain [VET] has rallied 15% in the past 24 hours and is up 48% from Wednesday, the 19th of August. The altcoin’s explosive gains came alongside the Bitcoin [BTC] rally and the bullish confidence the move imparted to the altcoin market.
The daily trading volume of VET has been high, compared to its 20-day average, since last Wednesday. It appeared that capital rotation into altcoins spurred the VeChain token prices higher.
This led to increased speculative interest. Bullish speculative activity has helped keep the momentum going.
An important question for holders and traders now is whether the move can continue or if it is time to start taking profits. As Bitcoin approaches a key supply zone, the chances of a sell-off increase.
The VET rally might extend another 10% higher Source: VET/USDT on TradingView VeChain has been in a long-term downtrend. The consolidation phase in July and the first half of August below the $0.050 resistance zone was decisively ended.
A local high at $0.0055 was flipped to support in recent days, and the buyers continued to send prices soaring.
The swing structure, captured by the Fibonacci retracement levels (yellow), was bearish despite the recent rally. The golden pocket between the 61.8%-78.6% retracement levels at $0.00619 and $0.0073 is being tested at the time of writing.
Since the latter level is 10% away from current market prices, the rally could continue before facing rejection. The bearish bias is warranted, given the long-term downtrend and the bearish swing structure.
Traders’ call to action – Take profits Source: CoinGlass Examining the liquidation heatmaps, the key magnetic zones around $0.005 and above $0.0062 were both breached decisively. There aren’t significant liquidation levels that have been built up overhead over the past three months.
The trading volume and OI uptick showed buying pressure in the Spot and perpetuals markets. If this continues, a bullish structure break is possible. But until then, traders and investors can opt to remain safe and lock in any profits they have made.
A breakout past $0.0081 will confirm a bullish trend shift.
Final Summary VeChain was one of the strongest-performing altcoins in the past 24 hours, up 15% in a day and 48% since last Wednesday. Despite the altcoin’s swift gains, the long-term downtrend has not yet been shaken off.
VeChain's native token $VET posted the biggest single-day gain among the top 100 cryptocurrencies by market cap on August 27, rising 26.96% to $0.007486. Trading volume surged more than 500% to $87.6 million, and the token extended its weekly gain to 44.75%, making it one of the standout performers in the current altcoin cycle.
Interstellar upgrade sets a September 16 deadline The rally is unfolding against a clear near-term catalyst. @vechainofficial has confirmed the hard fork is targeted at block height 25,902,540 at 11:15:10 UTC.
On the technical side,
Market structure and what to watch next
Sources:
CoinMarketCap: Latest VeChain News and Market Insights
VeChain Official: 2026 Roadmap and Interstellar Upgrade Details
Coinpedia: VeChain Price Surges as VET Breaks 2026 Downtrend
With Galactica’s EVM foundations live and Hayabusa’s transformation of consensus and tokenomics complete, VeChain is ready to enter the next major phase of the Renaissance roadmap—Interstellar.
Interstellar is designed to deepen VeChainThor’s compatibility with the wider Ethereum ecosystem, expand the capabilities available to developers and prepare the network for the next generation of applications.
The first proposed upgrade in this phase, VIP-255, advances VeChainThor’s EVM from its current Shanghai-compatible implementation by adopting compatible execution-layer improvements introduced across Ethereum’s Cancun, Prague and Osaka releases.
The Ethereum Virtual Machine is the most widely adopted smart-contract execution environment in Web3. It underpins a vast ecosystem of development tools, programming languages, libraries and applications. Maintaining close alignment with evolving EVM standards makes it easier for developers to deploy existing applications on VeChainThor, use modern tooling and build new products without unnecessary compatibility barriers.
VIP-255 introduces new EVM instructions, advanced cryptographic capabilities, improved access to historical block information and additional safeguards governing transaction gas and block size.
But before Interstellar can be activated, we need your vote.
Starting 10/08/2026 at 00:00 UTC, eligible VeChain stakeholders will be invited to vote on VIP-255 through the VeVote platform.
Validators and eligible StarGate NFT holders can participate in the governance process and help determine whether VeChainThor proceeds with the proposed Interstellar EVM upgrade.
VIP-255 introduces a coordinated set of EVM improvements spanning three Ethereum releases. Adopting these compatible changes in one hardfork closes a significant portion of the EVM compatibility gap while reducing the number of separate consensus-breaking upgrades required.
New EVM Capabilities EIP-1153: Transient Storage
• Introduces TLOAD and TSTORE, allowing contracts to hold temporary state that is cleared after execution rather than permanently stored on-chain.
• Transient storage enables more gas-efficient contract patterns, including reentrancy guards, temporary authorisation data and intermediate calculations.
• On VeChainThor, transient storage is scoped to an individual clause and cleared when that clause completes.
EIP-5656: MCOPY
• Introduces a dedicated instruction for copying data efficiently between memory locations.
• MCOPY simplifies common memory operations and improves compatibility with modern Solidity, Vyper and other EVM development tools.
EIP-6780: Updated SELFDESTRUCT Behaviour
• Restricts when SELFDESTRUCT can delete a contract, reducing unexpected state changes and aligning VeChainThor with modern EVM behaviour.
• Because VeChainThor supports multi-clause transactions, contract creation and destruction must occur within the same clause for deletion to take place.
EIP-7939: Count Leading Zeros
• Introduces the CLZ opcode for efficiently counting the leading zero bits of a value.
• This instruction supports more efficient mathematical operations, compression algorithms, bitmap processing and zero-knowledge applications.
Advanced Cryptographic Capabilities EIP-2537: BLS12-381 Curve Operations
• Adds native support for BLS12-381 cryptographic operations.
•These capabilities are widely used in zero-knowledge systems, signature aggregation, bridges and interoperability protocols. Implementing them as precompiled contracts allows complex cryptographic operations to be performed far more efficiently than through smart-contract bytecode alone.
EIP-7951: secp256r1 Curve Support
• Adds native verification for secp256r1, also known as P-256, a widely adopted cryptographic curve used by secure hardware and modern authentication standards.
• This creates a foundation for applications using passkeys, FIDO2, WebAuthn, Apple Secure Enclave, Android Keystore and other forms of hardware-backed authentication.
EIP-7823 and EIP-7883: MODEXP Safeguards
• Introduces upper bounds for MODEXP inputs and updates its gas costs to reflect computational requirements more accurately.
• These changes reduce consensus risk from impractically large inputs and help ensure that users pay an appropriate amount of gas for computationally intensive operations.
Core Protocol Improvements EIP-2935: Historical Block Information
• Enables smart contracts to retrieve recent VeChainThor block identifiers through an EIP-compatible contract interface.
• Contracts will be able to query information covering the most recent 8,191 blocks while VeChainThor continues to use its existing state architecture and block-ID structure.
EIP-7825: Transaction Gas Limit Cap
• Introduces a maximum gas limit of 16,777,216 gas for an individual transaction.
• This prevents a single transaction from demanding an excessive share of network resources and improves block-processing predictability.
EIP-7934: Execution Block Size Limit
• Introduces an 8 MiB limit for RLP-encoded blocks.
• This protects the network against excessively large blocks that could negatively affect propagation, execution and validation.
Built for VeChainThor VeChainThor has architectural features that differ from Ethereum, including multi-clause transactions, a dual-token model and its own block-ID structure.
VIP-255 adopts the applicable EVM functionality while preserving these defining characteristics.
Under the proposed implementation:
• Transient storage is scoped to an individual clause.
• The updated SELFDESTRUCT rules are evaluated within the same clause.
• Historical block queries return VeChainThor block IDs.
• Blob-carrying transactions and blob-related opcodes are not introduced.
• VeChainThor’s existing precompiled-contract account convention is preserved.
• Multi-clause transactions and fee delegation remain available and unchanged.
The broader Interstellar work concerning Ethereum transaction equivalence will be specified separately and is not part of this vote.
Developers intending to port Ethereum contracts should review the complete VeChainThor-specific implementation requirements in VIP-255.
The Interstellar Timeline Current Phase: Vote Preparation
• Review VIP-255 and its proposed technical changes.
• Understand the VeChainThor-specific implementation differences.
• Join community discussions through VeChain’s official channels.
• Confirm your eligibility to participate through VeVote.
• Infrastructure providers can begin reviewing their operational upgrade requirements.
Voting Period: 10/08/2026 at 00:00 UTC to 17/08/2026 at 00:00 UTC
• Cast your vote through the VeVote platform.
• Participate in community discussions about the upgrade.
• Help shape the next stage of VeChainThor’s technical evolution.
Post-Approval: Interstellar Implementation If approved:
• The compatible Thor client release will be published.
• Release notes and upgrade instructions will be provided to network operators.
• The Interstellar activation block will be announced separately.
• Validators, public-node operators, exchanges, custodians and infrastructure providers operating VeChainThor nodes must upgrade before activation.
• The upgrade will activate after implementation and testing have been successfully completed.
Nodes that have not upgraded by the activation block will no longer follow the canonical VeChainThor chain.
What Interstellar Means for the Ecosystem For Developers
Interstellar reduces the effort required to bring modern EVM applications to VeChainThor.
Support for newer opcodes and cryptographic precompiles enables developers to use more recent compiler targets, established contract libraries and advanced application patterns. It also unlocks new possibilities across passkey-enabled wallets, account security, interoperability, bridges and zero-knowledge systems.
For Users and Applications
The upgrade expands what applications can offer without requiring users to migrate assets or adopt new token contracts.
Native secp256r1 verification can support more familiar and secure authentication experiences, while improved EVM compatibility allows applications developed elsewhere in the EVM ecosystem to be brought to VeChainThor more efficiently.
For Validators and Infrastructure Providers
Validators, node operators, exchanges, custodians and other infrastructure partners operating VeChainThor nodes will need to install the compatible Thor client release before the announced activation block.
The required Thor version, release instructions and activation schedule will be communicated separately.
Exchanges may temporarily suspend deposits and withdrawals around the activation period in accordance with their standard network-upgrade procedures.
For VET and VTHO Holders
No action is required from ordinary VET or VTHO holders.
Interstellar does not change VET or VTHO tokenomics, including:
• VET or VTHO supply
• VTHO issuance or burning rules
• Staking rewards
• Validator and Delegator reward allocation
• StarGate NFTs
• Governance voting power
•Existing wallet addresses or token contracts
No token migration, asset swap or contract-address change is required.
Vote to Open VeChain’s Next Frontier Galactica modernised VeChainThor’s EVM foundations and fee market. Hayabusa transformed its consensus and economic model. Interstellar now proposes to expand the network’s compatibility, developer capabilities and technical resilience.
VIP-255 brings VeChainThor significantly closer to the modern EVM ecosystem while preserving the architecture and functionality that distinguish the network.
It provides developers with new computational and cryptographic primitives, makes established EVM applications easier to deploy and introduces protocol-level safeguards designed for increasingly advanced workloads.
The foundation is in place. The next stage of the Renaissance is ready to begin.
Your vote can help activate the next chapter of VeChainThor.
Vote from 10/08/2026 at 00:00 UTC: All-Stakeholder Voting Proposal: Interstellar Network Upgrade
VeWorld is VeChain's 'Super-App' - our self-custody wallet and gateway into the VeChain and VeBetter ecosystems. Developed and maintained by an expert in-house team, VeWorld allows you to manage digital assets while connecting to a world of dApps and experiences.
With over 4 million downloads to date and a continuous stream of updates, VeWorld is the premier wallet for VeChain users – and we’ve some major updates planned for it in the coming months that we're excited to unveil.
Whether you're an OG or just getting started exploring VeChain's ecosystem, this guide will help you unlock VeWorld's full potential.
Getting Started1. Download and InstallationGetting VeWorld is simple and secure. The wallet is available across multiple platforms:
Mobile Apps: Download from the App Store for iOS or Google Play for Android
Browser Extension: Available on the Chrome Web Store for desktop users
Official Website: Visit veworld.com for direct download links
VeWorld supports all major browsers and mobile devices, ensuring you can access your assets from anywhere.
2. Create Your AccountVeWorld is built as a complete self-custody solution, empowering users by generating private keys locally. This means you maintain complete control over your assets with no middlemen involved.
When setting up VeWorld, you can:
Create a new wallet with a secure mnemonic phrase
Import existing wallets using your seed phrase, private key, or keystore
Connect a Ledger hardware wallet for maximum security
3. Adding Funds to Your WalletVeWorld offers multiple ways to fund your wallet, making it accessible for both crypto newcomers and experienced users.
From Cryptocurrency Exchanges
To transfer funds from an exchange:
Open VeWorld and navigate to your wallet
Find your VeChain address (it starts with "0x")
Copy this address to your exchange's withdrawal section
Send VET or other VeChain-based tokens to this address
Always double-check the address before confirming any transaction, as blockchain transfers are irreversible.
Direct Purchases with Transak, Coinbase
VeWorld has integrated on-ramp solutions, enabling users to purchase VET and VTHO directly from VeWorld. This integration supports multiple payment methods, including:
Credit and debit cards
Apple Pay (for iOS users)
Google Pay
Bank transfers
Fiat ramp integrations addresses previous limitations and cater to users who prefer convenient payment methods, such as Apple Pay. The process is streamlined and typically completes within one to two minutes.
4. Claim Your VET DomainOne of VeWorld's unique features is native support for VET domains, which replace complex wallet addresses with easy-to-remember names. Instead of sharing a long string of characters, you can use a personalized domain for receiving payments.
When you create a new address, you will be prompted to ‘claim your username'. Clicking on the button will take you through the process, which only takes a few minutes.
The Discovery Tab: Your Super App GatewayVeWorld's Discovery tab demonstrates why VeWorld itself is a true super app – providing seamless access to an entire ecosystem of applications from a single, unified interface.
VeBetter X-To-Earn Applications
VeBetter is a Web3 platform of apps that turn positive actions into rewards. Through the Discovery tab, you can access sustainability-focused applications that reward you with B3TR tokens for activities like:
Using electric vehicles (Evearn)
Choosing sustainable food options (GreenCart)
Reducing single-use cups (Mugshot)
Participating in environmental cleanups (Cleanify)
Exercising and staying healthy (Build Your Body)
and many more!
VeWorld's simplistic interface makes accessing VeBetter applications effortless, letting you bring VeChain in to your daily life, and earn rewards for things you can do everyday.
VeBetter, to date, has amassed over 4 million users, and seen 30 million tokenized actions recorded on-chain, speaking to rapid growth powering our flagship X-2-Earn ecosystem.
Download VeWorld and head to VeBetter to discover apps you and your friends can enjoy daily!
Digital AssetsVeWorld's intuitive interface puts complete asset control at your fingertips.
The main dashboard provides an overview of VET and VTHO balances, accompanied by real-time fiat values as well as other VeChain tokens from dApps and projects within the ecosystem. NFTs are displayed through a dedicated NFT tab that lets you experience your collection from one viewing point.
Users can customize your experience with USD or EUR display options, toggle between dark and light themes, and manage multiple wallets seamlessly within the same interface. The platform's flexibility extends to custom token support, making it simple to add contracts for tokens created on VeChain's VORJ platform, or other vectors.
DeFi and NFT ApplicationsVeWorld's Discovery tab also opens the door to VeChain's expanding DeFi and NFT ecosystem. Connect securely to decentralized exchanges, lending protocols, NFT marketplaces, and emerging Web3 applications – all through VeWorld's integrated dApp browser that prioritizes both security and seamless user experience.
StarGate Portal: Direct Access to VeChain's Staking RevolutionStarGate is VeChain's new NFT-based staking platform, allowing users to stake VET, mint Delegator NFTs, and earn VTHO rewards. New node tiers have been introduced following the update, adding tiers requiring collateral starting from 10,000 $VET tokens.
Stake VET for Enhanced Rewards: Take advantage of new Node tiers designed for broader ecosystem participation, with projected staking rewards that could increase from 1-2.5% to as high as 9.1% under the new system.
Mint Delegator NFTs: Receive unique NFTs that represent your staked collateral and provide access to VTHO rewards, governance rights, and ecosystem privileges.
Migrate Legacy Nodes: Seamlessly transition existing X-Nodes or Economic Nodes to the new StarGate system while maintaining your tier benefits.
Participate in Governance: Use your staking position to influence protocol decisions and shape VeChain's future development.
Access Exclusive Benefits: Enjoy VeBetter privileges, Discord roles, and other ecosystem integrations exclusive to StarGate participants.
StarGate is backed by a ~$15 million bonus pool over six months to incentivize early adopters, so, head to stargate.vechain.org and get started!
Learn more about StarGate: https://x.com/vechainofficial/status/1940036338310422953
Download VeWorld and Get StartedVeWorld delivers everything you expect from a great crypto wallet: secure self-custody, seamless digital asset management, a world of rewarding apps, and staking. You can even pay for transactions in B3TR or VET tokens, following a recent update, so you'll never struggle to send transactions.
VeWorld's 'Super app' role has helped transform VeChain's ecosystem in to an active, engaged ecosystem, bringing together teams, builders and communities across the world through VeBetter.
Join millions earning sustainability rewards, participating in NFT-powered staking, and contributing to the improvement of the ecosystem at-large - al through VeWorld.
Whether you're porting a Solidity project from Ethereum, spinning up your first blockchain application, or architecting enterprise-grade infrastructure, VeChainThor gives you battle-tested foundations that have been running at scale since 2018 — with 100% uptime, over 530 million transactions processed, and more than 300 enterprise applications deployed.
This guide is your orientation. It covers where everything lives, the core concepts you'll use on day one, the tooling that will accelerate your workflow, and the best practices that separate a working prototype from a production-ready application.
Who This Guide Is ForThis resource is designed for Web2 and Web3 engineers, solution partners, hackathon teams, and technical product managers. Whether you're an experienced VeChain developer or exploring this EVM-compatible blockchain for the first time, you'll find familiar Solidity patterns alongside VeChain-specific capabilities that solve real problems Ethereum can't. If you're new to blockchain development entirely, VeChain's tooling is specifically designed to flatten that learning curve.
1. Orientation: Where Everything LivesBefore writing a single line of code, get familiar with the landscape. VeChain's developer ecosystem is organised around a central documentation hub with purpose-built tools branching from it.
The Developer Resources HubYour starting point is docs.vechain.org/developer-resources. This is the single source of truth for concepts, how-to guides, SDK references, and example dApps. It's structured around the tasks you'll actually perform: reading data, writing data, deploying contracts, and connecting front-ends.
From here, you'll find direct paths to:
· Core concepts — transactions, accounts, blocks, and the two-token model
· How to build — step-by-step guides for reading and writing on-chain data
· SDKs and providers — the VeChain SDK, Thor Client, and integration patterns
· Frameworks and IDEs — Hardhat plugin, Remix integration, and development environments
2. Core Concepts You'll Use on Day OneVeChainThor is EVM-compatible, but it was never a copy-paste of Ethereum. The protocol made deliberate engineering decisions to solve problems Ethereum couldn't — particularly around transaction costs, enterprise scalability, and user onboarding. Understanding these differences early will save you significant debugging time later.
The Two-Token Model: VET and VTHOUnlike single-token blockchains where gas costs fluctuate with market speculation, VeChainThor separates value transfer from transaction execution.
VET is the native token — used for value transfer, staking, and governance. VTHO (VeThor) is the gas token — consumed when executing transactions and smart contract calls. VTHO is generated by holding VET and, following the Renaissance upgrades, is distributed to node holders who stake via the StarGate platform.
This separation is a deliberate design choice. It decouples application costs from token market volatility, giving developers and enterprises predictable, stable transaction pricing. For builders coming from Ethereum, think of it this way: your users' transaction costs don't spike because of an NFT mint happening elsewhere on the network.
EVM Compatibility: What Works, What DiffersVeChainThor runs a fully compatible EVM, meaning your Solidity contracts deploy and execute as expected. The Galactica upgrade (Phase 1 of the Renaissance roadmap, live on mainnet) brought Shanghai EVM alignment and EIP-1559-inspired dynamic fee mechanics.
Where things diverge is at the interface layer. VeChainThor was originally built around Thor's RESTful APIrather than Ethereum's JSON-RPC standard. This matters when you're choosing how to interact with the chain.
Thor REST API — The native interface. Offers full access to VeChainThor-specific features including multi-clause transactions, fee delegation, and block subscription. Use this when you need the complete feature set.
JSON-RPC via SDK RPC Proxy — A compatibility bridge (@vechain/sdk-rpc-proxy) that translates Ethereum JSON-RPC calls into Thor REST calls. This lets you use familiar tools like Remix, MetaMask, and standard ethers.js providers with VeChainThor. Use this when porting existing Ethereum tooling or when your team is most comfortable with the JSON-RPC interface.
How to choose: If you're building a VeChain-native application and want access to features like multi-clause transactions, start with the Thor REST API via the SDK's ThorClient. If you're migrating an existing Ethereum project or want the fastest path to a working prototype using familiar tooling, use the RPC Proxy. Both are production-ready.
A key nuance to be aware of: eth_getTransactionCount via the RPC Proxy returns a random value rather than the actual transaction count. This is a known divergence from Ethereum behaviour — consult the RPC Methods Detailed Breakdown for the full list of method-level differences.
Multi-Clause Transactions: Do More with LessThis is one of VeChainThor's most powerful features and one that has no direct equivalent on Ethereum. A single transaction can contain multiple clauses — each clause being an independent operation (a token transfer, a contract call, a deployment) bundled into one atomic transaction.
Why this matters in practice:
· Batch operations — transfer tokens to 50 addresses in a single transaction
· Atomic workflows — approve a token and execute a swap in one transaction, with guaranteed atomicity
· Gas efficiency — one base fee covers multiple operations, reducing total cost versus sending individual transactions
The base transaction fee is 5,000 gas, with each additional clause costing 16,000 gas. This is substantially cheaper than submitting each operation as a separate transaction on Ethereum.
VIP-191 Fee Delegation: Remove the Gas BarrierIf there's one feature that makes VeChainThor uniquely suited to consumer-facing applications, it's fee delegation. VIP-191 (the Designated Gas Payer protocol) allows a third party — typically the application developer or a sponsor — to pay the VTHO gas fees on behalf of end users.
This means your users never need to hold cryptocurrency to interact with your application. They don't need to understand gas. They don't need to acquire tokens before they can start using what you've built. The blockchain becomes invisible infrastructure — exactly as it should be for mainstream adoption.
How it works: VIP-191 uses a co-signature model. The user signs the transaction as normal. A designated gas payer then co-signs, agreeing to cover the fees. Both signatures are included in the transaction, and the protocol deducts VTHO from the gas payer's balance instead of the user's.
Practical implementation patterns:
· Backend delegation service — Deploy a web service that receives unsigned transactions, validates them against your business rules, and returns co-signed transactions with gas covered. This is the most common production pattern, specified in VIP-201.
· Event-based sponsorship — Cover gas for specific actions (first 100 transactions for new users, promotional campaigns, onboarding flows)
· Enterprise sponsorship — Businesses sponsor all transaction fees for their application users, making the blockchain layer entirely invisible
The VeChain Docs provide a three-part integration tutorial that walks through the full implementation. The VeChain Kit documentation also covers fee delegation patterns for modern dApp architectures.
3. Tooling & SDKsVeChain's tooling has been consolidated around the official VeChain SDK — a unified development experience that replaces the earlier fragmented ecosystem of standalone packages. Here's what to use and when.
VeChain SDK (@vechain/sdk-*)The VeChain SDK is the primary development toolkit. It's a TypeScript monorepo containing everything you need for end-to-end blockchain development.
Thor REST → JSON-RPC bridge for Ethereum tool compatibility
@vechain/sdk-hardhat-plugin
Hardhat integration for Solidity workflows
The SDK's ThorClient is your primary interface for direct blockchain interaction — querying accounts, reading transactions, simulating contract calls, and estimating gas. Refer to the Thor Client documentation for the full API surface.
Hardhat PluginIf Hardhat is your preferred development environment (and for most Solidity developers, it is), the @vechain/sdk-hardhat-plugin gives you seamless integration. Compile, test, and deploy contracts to VeChainThor using the same workflows you'd use for Ethereum — with access to VeChain-specific features underneath.
The plugin bridges Hardhat's standard Ethereum tooling with VeChainThor's unique capabilities. Configure your hardhat.config.js with VeChain network settings, and your existing Solidity workflow largely stays the same.
Getting started:
bash
npm install @vechain/sdk-hardhat-plugin
The SDK repository includes a complete Hardhat example application under the ./apps directory.
Connex: Browser-Based dApp InterfaceConnex is the standard interface for connecting browser-based dApps with VeChainThor and user wallets. If you're building a front-end that needs to interact with the blockchain through the user's wallet (VeWorld, Sync2), Connex is the bridge.
Connex provides APIs for:
· Reading blockchain state (accounts, blocks, transactions)
· Subscribing to new blocks via connex.thor.ticker
· Interacting with smart contracts through connex.thor.account
· Requesting transaction signatures from the user's wallet
For modern dApp development, the VeChain DApp Kit (vechain-dapp-kit) provides a higher-level TypeScript library that facilitates wallet interaction with VeWorld and Sync2, handling connection management and transaction signing with a cleaner developer experience.
Using ethers.js with VeChainIf your team is deeply invested in the ethers.js ecosystem, you can interact with VeChainThor through the SDK RPC Proxy. Start the proxy pointed at a VeChainThor node, and use standard ethers.js providers against the proxy endpoint. This is particularly useful when migrating existing Ethereum front-ends.
Note that VeChainThor's chain IDs differ from Ethereum: Mainnet is 100009 and Testnet is 100010. Configure your providers accordingly.
4. Networks, Explorer & FaucetNetworksNetwork
Purpose
Node Endpoint
Mainnet
Production deployment
https://mainnet.vechain.org
Testnet
Development and testing
https://testnet.vechain.org
Solo
Local development node
localhost (via Docker)
The testnet mirrors mainnet functionality and is the recommended environment for all development and integration testing. Testnet assets carry no monetary value — experiment freely.
Testnet FaucetNeed testnet VET and VTHO? The VeChain Testnet Faucet provides free tokens for development. If you have testnet VET and need to convert some to VTHO, use the Energy Station.
ExplorerThe VeChain Explorer (available for both mainnet and testnet) lets you verify transactions, inspect contract deployments, view account balances, and trace execution. Use it to validate your deployments and debug transaction failures.
Insight, VeChain's serverless explorer, offers an additional lightweight option for exploring blocks, transactions, and accounts.
5. Ship Without Code: VORJNot every project needs to start with a Solidity compiler. VORJ is VeChain's no-code Web3-as-a-Service platform — a click-configure-deploy interface for creating and managing smart contracts without writing code.
What VORJ offers:· Token creation — Deploy ERC-20 fungible tokens and ERC-721 NFT contracts through a guided interface
· OpenZeppelin foundations — All contracts are built on audited, EVM-compatible OpenZeppelin standards
· Zero transaction fees — VORJ handles gas costs during contract deployment
· Management APIs — Interact with your deployed contracts programmatically via VORJ's API layer
· Additional tooling — Blockchain data APIs, NFT APIs, contract push notifications, and a transaction executor
VORJ is particularly valuable for prototyping, hackathons, and scenarios where a technical PM or business stakeholder needs to validate a concept before committing engineering resources. It's also useful for non-technical teams within enterprises who need to deploy standard token contracts as part of a broader VeChain integration.
Important note: Contracts deployed through VORJ are owned by the VORJ deployment wallet by default. Transfer ownership to your own wallet for production use.
Explore the VORJ documentation and the VeChain Docs VORJ section to get started.
6. Best Practices & Production ConsiderationsBuilding on VeChainThor rewards careful attention to a few areas where the protocol's design differs from what Ethereum developers may expect. Whether you're handling smart contract deployment on VeChainThor for the first time or scaling an existing application, these patterns will keep you out of trouble.
Gas Estimation for Multi-Clause TransactionsStandard Ethereum eth_estimateGas calls will produce inaccurate results for multi-clause transactions — this is a VeChainThor-specific feature with no Ethereum equivalent. Use the SDK's native gas estimation instead:
The gasPadding option adds a safety margin to your estimate. This is particularly important for contract interactions where execution paths may vary. VM gas cannot be calculated offline — simulation against a node is required.
Gas cost breakdown for multi-clause transactions:
· Base transaction fee: 5,000 gas
· Per clause: 16,000 gas
· Per zero byte of data: 4 gas
· Per non-zero byte of data: 68 gas
· Plus VM execution gas per clause (requires simulation)
Error Handling in Multi-Clause TransactionsWhen a multi-clause transaction fails, identify which clause caused the failure. The transaction receipt includes per-clause execution results — inspect these individually rather than treating the transaction as a monolithic operation. A common mistake is assuming that if the transaction was mined, all clauses succeeded. Check each clause's output and revert status.
Fee Delegation Edge CasesWhen implementing VIP-191 fee delegation, ensure your gas payer service validates transactions before co-signing. Without validation, a malicious user could drain your gas payer's VTHO balance by submitting expensive transactions. Common safeguards include:
· Whitelisting contract addresses that the gas payer will sponsor
· Setting per-user transaction rate limits
· Capping the maximum gas per sponsored transaction
· Validating transaction clauses against expected patterns
If the gas payer's VTHO balance is insufficient at execution time, the transaction will fail — not partially execute. Build monitoring around your gas payer's balance.
Preparing for Renaissance: Migration ConsiderationsThe Renaissance roadmap is actively expanding VeChainThor's compatibility surface. As the Interstellarphase (expected 2026) brings full JSON-RPC support and EVM Cancun alignment, developers should be aware of the transition path:
· Galactica (live) introduced Shanghai EVM alignment and dynamic fees via EIP-1559 mechanics. If you're deploying contracts today, you're already building on this foundation.
· Hayabusa (late 2025) brings the Delegated Proof-of-Stake consensus migration and tokenomics changes. Existing contracts are unaffected, but applications that interact with staking or node infrastructure should monitor for API changes.
· Interstellar (2026) will deliver full JSON-RPC compatibility, meaning the RPC Proxy will eventually become a native protocol feature rather than a translation layer. Applications currently using the RPC Proxy will benefit from improved performance and broader method support.
If you're starting a new project today, building against the SDK's ThorClient gives you the most future-proof foundation. If you're using the RPC Proxy for Ethereum compatibility, your integration path only gets smoother from here.
SpecificationsWhat to Do NextThe fastest path from reading to building:
1. Install the Hardhat plugin and VeChain SDK — npm install @vechain/sdk-hardhat-plugin — and configure your hardhat.config.js for the VeChainThor testnet.
2. Grab testnet tokens from the faucet to fund your development wallet.
3. Deploy a test contract — use one of the example projects from the SDK repository as your starting point.
4. Verify on the Explorer — confirm your deployment at explore-testnet.vechain.org.
Once your contract is live on testnet, the next step is adding VIP-191 fee delegation — so your users never see a gas prompt — and wiring it to a front-end via Connex or the VeChain DApp Kit. We'll cover that end-to-end workflow in the follow-up guide.
VeChain has been building for utility since 2015 — proven infrastructure, real applications, and a growing ecosystem of developers shipping products that people actually use. The tools are ready. Start building.
VeChain, Sunny Lu & The $300 Scam That Built a Blockchain
5 min read
Mar 9, 2026
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How a World of Warcraft fraud put Sunny Lu on the path to VeChain
Most origin stories begin with a vision. A founder staring at a whiteboard, sketching the product that will change everything.
Sunny Lu’s begins with a scam.
In 2012, Sunny is playing World of Warcraft on US servers. He needs in-game gold, fast. A Google search leads him to Bitcoin. A Taobao listing offers 100 Bitcoin for $300.
He sends the money.
The Bitcoin never arrives.
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A $300 Lesson in Trustlessness$300 gone. 100 BTC, never seen. By today’s prices, that is roughly $8 million, vanished in a single transaction with a stranger on the internet.
Most people walk away from crypto at that point and never look back. The lesson stings and the chapter closes.
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The Architecture, Not the PriceSunny opens the Bitcoin whitepaper instead — the whitepaper speaks directly to the engineering part of his brain.
What captivates him is the architecture. “A trustless ledger with no intermediaries and records nobody can change.” For an engineer who has spent years thinking about how enterprise data moves and where it breaks, this is a completely different kind of infrastructure. A data layer, not a financial product.
He asks a different question: what can this let us build?
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The Spark at Louis VuittonBack at work, the revelation doesn’t leave him.
Sunny is building track-and-trace systems at Louis Vuitton China, following products through every stage of manufacture. Raw materials in. Finished goods out. Every step in between, logged and managed across a web of suppliers, factories, and distributors.
Then a thought surfaces.
What if multiple parties could read from the same immutable ledger? What if no single entity controlled the data? What if every participant (supplier, manufacturer, retailer, auditor) could see the same truth, in real time, without any single company owning it?
That question becomes the first seed of VeChain.
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Shanghai, 2015
Bo Shen of Fenbushi Capital introduces Sunny to a young Vitalik Buterin. They spend hours on smart contracts, the EVM, and what blockchain could actually build.
Those conversations crystallise everything.
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What Sunny needed did not exist. Ethereum was built for one set of problems. Bitcoin for another. Forcing enterprise requirements onto chains designed for different purposes would not work. The governance models were wrong. The transaction economics were wrong. The data structures were wrong.
He would build from the ground up.
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Verification ChainAnd with that, “Verification Chain” was born, later shortened to VeChain.
The project launches in 2015 with one founding conviction: blockchain is only valuable if it does something real. Real supply chains. Real data. Real proof of provenance.
While others were writing whitepapers, VeChain was shipping integrations.
The design decisions made in those early years reflect the enterprise focus Sunny carried from day one. A dual-token model to separate gas costs from governance volatility. A semi-public structure that lets enterprises control data access without sacrificing auditability. A platform built for developers who need reliability, not novelty.
The speculation cycle keeps turning. Sunny keeps building.
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The WorkWhat follows is years of unglamorous, essential work.
Walmart China selects VeChain to trace food from farm to shelf, giving Chinese consumers verifiable provenance on the products they buy. BMW builds VerifyCar on VeChain, a digital passport bolted onto every vehicle to protect against odometer fraud. UFC embeds NFC chips into fighter gloves so authenticity can be verified at charity auctions.
These are production deployments, running quietly, processing real transactions.
100% uptime since 2017. 530 million transactions and counting.
That is what conviction looks like at scale.
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What Can We Build for People?A decade in, the enterprise foundation holds. A new question surfaces.
VeBetter launches as VeChain’s consumer-facing ecosystem: 50+ apps rewarding everyday actions with real token value. Recycling. Sustainable eating. Fitness. Coastal cleanups. Behaviour that benefits users and the planet, recognised and recorded on-chain.
5 million users. 48 million verified on-chain actions.
The blockchain stays invisible. The results come through clearly.
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Still Here. Still Building.
It started with a $300 scam on Taobao.
A fraud that could have buried the story, and instead launched it. A supply chain problem at Louis Vuitton. A late night in Shanghai with a young Vitalik Buterin. A founding conviction that utility outlasts narrative, that the chains worth building are the ones doing something real in the world.
Ten years on, VeChain is still here.
Because the things worth building do not need the market’s permission to matter.
TLDR: VeChain (VET) confirms a bullish structure after sweeping downside liquidity and forming higher lows Price targets for VeChain (VET) range from $0.00771 to $0.00895 as upside liquidity comes into focus VeChain announces Phase Three upgrade bringing full EVM compatibility to its VeChainThor network Developers can use standard Ethereum tools on VeChain, simplifying building and integration processes VeChain (VET) has drawn attention after a technical shift on the daily chart and a new development update. Recent market structure changes and ecosystem progress have placed the asset under closer observation from traders and builders.
Bullish Structure Forms as VET Targets Upside Liquidity A recent analysis from Crypto Patel described a bullish shift in VeChain (VET) based on daily chart activity. The outlook focused on liquidity movement, order block reaction, and a developing market structure shift.
$VET Has Officially Turned Bullish On The Daily – Here's Where Price Could Go Next#VET has swept downside liquidity and formed a clear bullish structure after MSS, reacting from a strong order block and positioning for continuation toward upside liquidity.
Technical Structure:… pic.twitter.com/JAMbFv9USk
— Crypto Patel (@CryptoPatel) April 25, 2026
Crypto Patel stated that VeChain (VET) swept downside liquidity and confirmed a market structure shift. The post also noted a strong reaction from a demand zone, followed by higher lows forming on the chart. This setup pointed to early accumulation and a shift toward bullish positioning.
According to the analysis, liquidity remains stacked above the current price. As a result, traders are watching potential targets at $0.00771, $0.00784, $0.00826, and $0.00895. These levels represent areas where sell-side pressure may emerge.
At the same time, the setup includes a clear invalidation level. A daily close below $0.006900 would weaken the bullish outlook. Therefore, traders are waiting for confirmation before entering positions.
The post also suggested scaling into trades within the order block zone. This approach allows for controlled entries while targeting higher liquidity zones. As VeChain (VET) continues forming structure, price behavior remains under close watch.
VeChain Renaissance Phase Three Nears With EVM Compatibility At the same time, VeChain introduced an update regarding its ecosystem development. In a tweet, VeChain announced that Phase Three of its Renaissance roadmap, named “Interstellar,” is approaching.
Phase Three of VeChain Renaissance is now in sight: 'Interstellar'.
Through it, VeChain achieves EVM parity, with common tools like Hardhat, Foundry, MetaMask, Ethers.js etc working seamlessly on VeChainThor.
No more custom adapters, only seamless building on $VET. pic.twitter.com/ZVtY0kroVW
— VeChain (@vechainofficial) April 23, 2026
This phase focuses on achieving Ethereum Virtual Machine compatibility. As a result, developers can use familiar tools like Hardhat, Foundry, MetaMask, and Ethers.js on VeChainThor. This change removes the need for custom integrations.
With this update, VeChain (VET) aims to simplify the development process. Builders can deploy applications using standard Ethereum-based tools without additional adjustments. This creates a more accessible environment for developers.
Moreover, the shift to EVM parity aligns VeChain with widely used blockchain standards. This allows smoother migration of projects and tools into the ecosystem. Consequently, development activity may become more streamlined.
The announcement also signals a broader effort to improve usability within the VeChain network. By reducing technical barriers, the platform supports faster onboarding for developers. At the same time, existing users benefit from improved compatibility.
As VeChain (VET) advances through its roadmap, both technical and development updates remain in focus. Market participants continue tracking price structure alongside ecosystem progress. This keeps VeChain (VET) within ongoing crypto market discussions.
The real-world asset (RWA) tokenization sector has become one of the most closely watched areas in the digital asset industry. Over the past two years, the conversation around blockchain utility has gradually shifted away from speculation and toward practical financial infrastructure.
As a result, cryptocurrencies connected to tokenized assets, institutional settlement systems, and blockchain-based financial rails are attracting increasing attention in 2026.
The idea behind RWA networks is relatively simple. These blockchain networks aim to connect traditional financial assets such as bonds, payments, commodities, invoices, treasury products, and settlement systems to decentralized infrastructure. Instead of focusing solely on crypto-related utility, these projects aim to bridge digital networks and real economic activity.
Why Are Real-World Asset Tokens Gaining Traction in 2026? The RWA tokens are receiving increased attention in 2026 because of the growing adoption of rails that bring traditional finance on-chain. Coins that give exposure to this emerging narrative have benefited from the hype, as market users increasingly seek ways to invest in the tokenization sector in its early stages.
Notably, the RWA sector has continued to expand in 2026. The value of the total tokenized assets distributed on blockchains has exceeded $33.8 billion, as real-world assets appear to have found a new abode.
total rwa value Meanwhile, this traction is largely due to traditional financial institutions becoming more comfortable with blockchain infrastructure. Major asset managers, payment firms, and banking institutions are increasingly experimenting with tokenized financial products, stablecoin settlements, and blockchain-based liquidity systems.
Another major factor is regulation. Several jurisdictions introduced clearer frameworks for tokenized securities and blockchain settlement systems over the past year. One of the most recent breakthroughs is the expected innovation exemption guideline that the US SEC will issue, which will support securities tokenization on blockchains. Such clarity has encouraged more traditional firms to test blockchain infrastructure without the uncertainty that previously slowed adoption.
The increasing attention to the RWA sector is now being reflected in tokens tied to this sector. As the investor interest grows, we have highlighted the top 10 RWA tokens by market cap in today’s market.
Top 10 RWA Crypto Tokens by Market Cap in 2026 Rank Token Current Price Market Cap Main Focus 1 Chainlink (LINK) $9.80 $7.15 billion Oracle infrastructure and tokenized asset connectivity 2 Stellar (XLM) $0.1480 $4.96 billion Cross-border payments and financial settlement 3 Avalanche (AVAX) $9.53 $4.17 billion Institutional blockchain infrastructure 4 Hedera (HBAR) $0.090 $3.9 billion Enterprise-grade distributed ledger systems 5 Ondo (ONDO) $0.409 $1.95 billion Tokenized treasury and financial products 6 Sky (SKY) $0.0707 $1.643 billion Decentralized financial infrastructure 7 Algorand (ALGO) $0.115 $1 billion Tokenization and payment rails 8 Quant (QNT) $73.8 $891 million Blockchain interoperability 9 XDC Network (XDC) $0.0345 $710 million Trade finance and enterprise settlement 10 VeChain (VET) $0.0067 $579 million Supply chain and logistics tracking Chainlink (LINK) Chainlink is the largest RWA-focused crypto project by market capitalization. The network plays a major role in connecting blockchain systems to off-chain financial data, a role that has become increasingly important as tokenized assets expand across multiple chains.
Its Oracle infrastructure is now widely used in tokenized finance applications. Its cross-chain interoperability protocol (CCIP) has also gained massive adoption, with SWIFT, Coinbase, and SBI Digital among major users.
LINK trades at $9.80, with a market cap of $7.15 billion. Although it is down 19% year-to-date, analysts expect it to finish the year stronger. The asset could realistically reach $15 before the end of 2026.
Stellar (XLM) Stellar positions itself as a blockchain focused on payments and low-cost international settlement. Yet its high-speed, institutional-grade security and scalability have led to widespread adoption in the tokenization industry.
Currently, Stellar has over $2.4 billion in distributed and represented RWAs tokenized on its network, up an impressive 11% over the past 30 days. It also has a 30-day transfer volume of $275.5 million, with the US Treasuries being the most tokenized asset class on its platform.
Its native token, XLM, trades at $0.148, down 26% since January 1, and has a market cap of $4.96 billion. Realistically, the coin could reach $0.220 before the end of 2026, an increase of over 50% from the current price.
Avalanche (AVAX) Avalanche has increasingly attracted institutional attention because of its customizable subnet architecture. Financial firms experimenting with tokenized products have shown interest in Avalanche due to its scalability and relatively fast transaction processing.
Data show that over $1.8 billion in RWAs are live on Avalanche, the ninth largest among all networks. $1.2 billion RWAs are distributed on Avalanche, while $678 million is represented.
Price-wise, AVAX trades at $9.53 with a market cap of $4.17 billion. In a conservative scenario, the token could reach $12 this year.
Hedera (HBAR) Hedera has carved out a niche through enterprise partnerships and a corporate governance structure. The network has consistently emphasized business adoption, compliance-friendly infrastructure, and enterprise-grade settlement systems.
In February, Hedera ranked top in RWA blockchain development activity, reflecting its major role in facilitating the integration of physical assets into blockchain infrastructure. Its low-cost, high-speed setup is tailored to institutions to tokenize real-world assets on-chain.
At press time, HBAR trades at $0.09 and has a market cap of $3.9 billion. Should momentum escalate, the token could hit $0.204 before the end of 2026.
Ondo Finance (ONDO) Ondo has become one of the fastest-rising RWA projects due to its focus on tokenized treasury products and blockchain-based financial instruments. The platform has gained visibility as its tokenized yield-bearing products continue attracting institutional attention.
Ondo has issued over $3.85 billion in tokenized assets, the majority of which are US Treasuries. The platform offers US dollar yields and short-term US government bonds, which are two of its biggest products.
ONDO changes hands at $0.409, up 14% YTD. With its strong adoption, the coin could trade at $0.63 by the end of this year on a conservative scenario.
Ondo finance Sky (SKY) Sky has built a decentralized financial infrastructure tied to tokenized systems and digital settlement layers. Its ecosystem ranks among the largest decentralized finance systems that incorporate traditional finance to generate yield for holders.
SKY trades at $0.070, up 22% since the start of the year. Projection places the token near $0.09 in 2026.
Algorand (ALGO) Algorand remains active in tokenization initiatives and blockchain payment infrastructure. The project has maintained a strong reputation for transaction efficiency and low network costs.
Currently, over $99 million in real estate has been tokenized on Algorand, with the total tokenized asset exceeding $400 million. Its Algorand Standard Asset (ASA) framework makes onboarding easy, allowing users to tokenize directly on the network’s layer.
ALGO, its native token, trades at $0.115 with a market cap of $1 billion. Projections suggest a slight increase to $0.12 for the coin before the end of 2026.
Quant (QNT) Quant focuses primarily on interoperability between blockchain systems and traditional financial infrastructure. As institutions increasingly use multiple blockchain networks simultaneously, interoperability solutions have become more important.
The platform uses its Overledger OS to make interoperability easy, securely connecting RWA protocols. Notably, the European Central Bank selected Quant as a pioneer partner last year for its digital Euro project.
QNT trades at $73.8, up 6% this year. If adoption escalates, the coin could reach $115 on a conservative basis.
XDC Network (XDC) The XDC Network targets the trade finance and enterprise settlement markets using its Delegated Proof-of-Stake (XDPoS) consensus. The project has positioned itself around document verification, cross-border business payments, and tokenized financial workflows.
RWAs over $17 million have been distributed on the XDC network, with its stablecoin market cap exceeding $72.7 million.
At press time, XDC trades at $0.0348 with a market cap of $710 million. The coin could reach $0.0735 realistically before the end of 2026.
VeChain (VET) VeChain is a blockchain-as-a-service (BaaS) network, heavily focused on supply chain verification and logistics tracking. While it does not directly tokenize assets, it specializes in tracking and verifying RWAs using the Internet of Things (IoT).
VET trades at $0.0067 with a valuation of $579 million. Projection places the coin at a realistic target of $0.0072 by the end of 2026.
How Do RWA Tokens Work? RWA tokens function by representing real-world financial or economic value on blockchain networks. In some cases, these tokens represent ownership rights tied to physical assets such as real estate, commodities, or invoices. In other situations, they help facilitate payment systems, settlement layers, or financial data infrastructure.
Many RWA networks also act as the technological foundation for tokenized products issued by financial firms. Instead of relying entirely on traditional banking rails, institutions can use blockchain systems to move value more efficiently and transparently.
Some projects also focus on tokenized treasury products, while others specialize in data infrastructure, interoperability, or institutional settlement systems. Despite their differences, most RWA tokens share the broader objective of connecting blockchain technology with traditional financial activity.
Benefits of Investing in RWA Crypto Coins One reason many market participants are paying closer attention to RWA crypto coins is that the sector has practical financial use cases. Several projects are already working with payment companies, asset managers, or enterprise software providers, with prominent market participants projecting that the sector will be worth trillions of dollars in the future.
Another advantage is diversification within the broader crypto sector. While meme coins and highly speculative tokens often depend heavily on social momentum, RWA-focused projects may benefit from institutional adoption trends and expanding tokenization markets.
The sector could also benefit from the broader shift toward digital financial infrastructure. As tokenized assets become more common globally, blockchain networks capable of supporting such systems may continue to gain relevance.
Risks to Consider Before Investing in RWA Tokens Despite the optimism surrounding tokenized assets, the RWA sector still faces important challenges. Regulation remains one of the biggest uncertainties. Although some regions have introduced clearer rules, global regulatory standards remain inconsistent.
Another issue involves scalability and adoption speed. Many tokenization initiatives are still relatively early-stage, and it remains unclear how quickly traditional financial systems will fully integrate blockchain infrastructure.
Competition also remains intense. Multiple blockchain networks are attempting to position themselves as the preferred infrastructure for tokenized finance, payments, and institutional settlement. As such, not every project will succeed in the long term.
Security risks, smart contract vulnerabilities, and broader crypto market volatility also continue affecting the sector. Even fundamentally strong projects can experience significant declines during periods of macroeconomic uncertainty.
How to Buy RWA Crypto Coins Most leading RWA cryptocurrencies are available on major centralized crypto exchanges. Users typically begin by creating an account, completing identity verification, and funding it with fiat currency or stablecoins.
After purchasing tokens, some users choose to store their assets on exchanges, while others transfer them to self-custody wallets for additional security. Hardware wallets remain one of the most common storage solutions for long-term holders.
Before purchasing any RWA crypto asset, it is important to research the project’s utility, institutional partnerships, tokenomics, and long-term roadmap. While the sector is attracting attention in 2026, individual projects can still perform very differently depending on adoption levels and broader market conditions.
For more on Crypto news today and the latest crypto price prediction updates, visit our dedicated coverage hub
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Crypto exchange giant Binance today announced the launch of its staking platform. Binance will issue monthly rewards and distributions to those holding certain tokens on its platform.
Customers will receive rewards for staking tokens for the following projects: NEO, Ontology (ONT), VeChain (VTHO), Stellar (XLM), Komodo (KMD), Algorand (ALGO), Qtum (QTUM), and Stratis (STRAT).
Staking rewards are essentially just rewards for HODLing your crypto in a Binance wallet. Crypto rewards will take the form of, er, more crypto—a little like interest in a bank account. This gives Binancians an incentive to hold their funds in Binance.
For staking, there will be no minimum staking amounts or time lengths, and users won’t have to set up any nodes. Come October 1, Binance will take a snapshot of the network every hour to calculate a snapshot of each day.
There are, however, “holding” amounts. To start receiving staking rewards on Algorand, for instance, you’d need to hold 2 ALGO. Luckily, the price of the ALGO has tanked, so that’s only around $0.34.
Tezos is notably absent from the launch. Binance’s CEO Changpeng Zhao hinted that users could earn rewards for staking Tezos earlier this week. A user asked CZ if Binance would offer staking rewards for Tezos, and the cryptic crypto CEO replied with a single laughing emoji.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
The month of November comes packed with a long list of exciting and star-studded Bitcoin and Blockchain conferences happening all over the globe. The choice is really hard, and this selection of Top-5 happenings provided by CryptoEvents should come in handy.
BitBrum – November 3, Birmingham, UK
BitBrum is a not for profit, community inspired, grass-roots organised event. According to the organisers, they want to “inform people about the technological, economic and societal impact of this nascent space, equipping them with the knowledge to avoid the scams and the tools and confidence to innovate”.
The second edition of BitBrum (the first one took place in 2017) features Rhian Lewis, Software Engineer and co-host of London Bitcoin Women; Tatiana Moroz, singer and songwriter, Bitcoin activist and Host of The Tatiana Show; Greg Walker, Founder of LearnMeABitcoin; Ben Arc (@BTCSocialist), Lightning Network Guru; Max Hillebrand, Open Source Entrepreneur, and Matt Baldock, founder of Portsmouth Crypto among others.
Also, obviously inspired by The Peaky Blinders, this time round Birmingham will be visited by Thomas Hunt aka Mad Bitcoins along with the World Crypto Network #MadTourV crew. With Thomas in the driver's seat you can bet that BitBrum will be a Blinder!
http://www.bitbrum.org/
Meridian by Stellar – November 4-5, Mexico City
The inaugural Stellar conference, Meridian will bring together everyone in the Stellar universe, alongside major financial institutions and industry experts, for two days of networking and learning.
The conference will address fundamental questions facing the network, such as inflation and transparency, as well as the challenges around adoption and marketing.
Among Meridian speakers are Jed McCaleb, Co-Founder of Stellar; Denelle Dixon, Executive Director at Stellar Development Foundation; Ernest V. Mbenkum, Founder and CEO of Interstellar Wallet and Exchange; Pavel Matveev, CEO of Wirex; Cole Diamond, CEO of Coinsquare; Meinhard Benn, Founder of Satoshipay and Radoslav Albrecht, Founder and CEO of Bitbond.
https://meridian.stellar.org/
The Capital CoinMarketCap Global Conference - November 12-13, Singapore
CoinMarketCap, leading provider of financial metrics and graphs for cryptocurrencies, is the host of this “one-of-a-kind crypto & blockchain event like you've never experienced before.”
To put their money where their mouth is, CMC are gathering a really impressive lineup of speakers, including Sunny King, the legendary blockchain developer, inventor of Proof-of-Stake consensus mechanism and creator of Peercoin and Primecoin; David Chaum, the Godfather of the cypherpunk movement, creator of eCash and, mostly recently, Elixxir, a brand new quantum resistant protocol, and Changpeng “CZ” Zhao, Founder & CEO of Binance, the world’s leading crypto exchange just to name a few.
Other speakers include Brandon Chez, founder of CoinMarketCap, Samson Mow, Chief Strategy Officer at Blockstream, Sunny Lu, Co-founder & CEO at VeChain, Matthew Tan, Founder & CEO at Etherscan; Mance Harmon, Co-founder & CEO at Hedera Hashgraph; Michael Gan, Founder & CEO at KuCoin; Perianne Boring, Founder & President at Chamber of Digital Commerce, and many others.
https://conference.coinmarketcap.com/
DAS: Markets – November 13, New York City, USA
Organised by Blockworks Group, DAS: Markets brings together the key players building the future of the digital asset ecosystem on institutional level.
The event will gather over 500 leaders from the exchanges, alternative trading venues, custodians, insurers, banks, lenders and capital allocators that are required for participation in mature digital asset markets.
Attendees will primarily be buy-side investors, sell-side institutions, venture capitalists and other industry professionals interested in learning from respected industry leaders how to more confidently participate in the growing markets.
Featured sessions include:
Payments: Building the New Rails
Exchanges, OTC Desks and Dark Pools: How are Crypto Assets Traded?
Banking on Trust: Will the Market Ever Trust New Names in Custody?
Trading & Futures: Gaining Synthetic Exposure to Digital Assets
Do the Old Rules of Lending Apply to Digital Assets?
Challenges of Insuring Digital Assets
Mark W. Yusko, CEO of Morgan Creek Capital and Managing Partner of its Digital Assets Group, is the conference’s keynote speaker. Other speakers include Sunayna Tuteja, Head of Digital Assets and Blockchain at TD Ameritrade; Michael Sonnenshein, Managing Director at Grayscale Investments; Diogo Monica, President & Co-Founder of Anchorage; Tim McCourt, Managing Director and Global Head, Equity Products and Alternative Investments at CME Group.
Other participating companies include AIG, BNY Mellon, Genesis Trading, Global Debt Registry, Marsh, MasterCard, Multicoin Capital, State Street and many more.
https://blockworksgroup.io/dasmarkets2019
C20 Conference Bitcoin + Blockchain - November 16-17, Buenos Aires, Argentina
Dubbed the most important Spanish-language crypto conference in the world, C20 will feature two days of seminars, workshops, Q&A sessions, networking opportunities, speakers and panel discussions with experts on the most important business developments, technical innovations, regulatory analysis, and public policy issues.
A wide array of speakers includes Sebastián Serrano, CEO at Ripio; Diego Gutiérrez Zaldívar, CEO at RSK; Sergio Lerner, Chief Scientist at RSK; Martín Hagelstrom, IBM Blockchain LatinAm; Marina Solanas, CEO at WABA.network; Carlos Maslatón, Xapo; Franco Amati, Bitcoin Iberoamérica; Rodolfo Andragnes, B4H, Aaron Koenig, Founder of Bitfilm Production.
Aptos, BNB Chain and 14 Blockchains Can Freeze User Funds Bybit researchers found that 16 major chains include mechanisms that allow accounts to be frozen, raising new questions about decentralization and protocol-level control.
(Photo of Shubham Dhage on Unsplash)
Posted November 13, 2025 at 8:47 am EST.
Blockchain researchers at Bybit’s ‘Lazarus Security Lab’ have found that 16 blockchains have the ability to freeze user funds.
Five chains, including BNB Chain and VeChain, were hardcoded with freezing capabilities at the protocol level.
Prominent layer 1 blockchains Aptos, EOS and Sui were among the 10 networks with a config-based freezing capability, meaning validators or foundations can restrict accounts.
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Bybit’s research also suggested that an additional 19 blockchains, including Arbitrum, Cosmos, Axelar, Babylon, Celestia, and Kava, could easily implement these controls if desired.
“The presence of these mechanisms fundamentally challenges the foundational principles of a decentralized ecosystem and necessitates further discourse within the blockchain community, but it has prevented hackers from stealing funds,” noted the researchers.
Coinbase added six new assets to its Coinbase 50 Index, the exchange benchmark that tracks the fifty largest and most liquid digital assets by market capitalization.
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The latest rebalancing brings Hedera, Mantle, VeChain, Immutable, Sei, and Flare into the index as these networks gain traction across decentralized finance, gaming, tokenization, and real-world asset applications.
Hedera focuses on enterprise-grade tokenization, while Mantle brings an Ethereum layer 2 approach built around modular scaling. VeChain expands the group with supply chain and asset tracking tools tied to real-world integrations.
Immutable adds gaming and NFT infrastructure on Ethereum, supporting digital ownership at scale. Sei contributes a high-performance layer 1 optimized for trading activity and fast execution. Flare rounds out the additions by enabling smart contract functionality for networks such as XRP.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.
Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.
3 minutes ago
UBS and TD Cowen sharply raise Arm’s target price, betting on a revaluation of Arm’s AI data center CPU value.
Arm’s stock price pulled back this week alongside the high-valuation AI sector, though some Wall Street analysts say the correction does not alter the company’s long-term standing in AI data centers. UBS sharply raised Arm’s price target from $260 to $470, retaining its Buy rating; TD Cowen lifted its target from $265 to $475, also keeping a Buy recommendation. Both firms share the view that as agentic AI evolves, CPUs could gain greater importance in data center architectures, rather than GPUs continuing to monopolize the investment narrative. TD Cowen believes that over the long term, CPUs could hold a more strategic position in certain AI workloads. UBS, meanwhile, emphasizes that the real debate in the market centers on the revenue potential of Arm’s self-developed or independent CPU business. The bank projects Arm’s CPU-related revenue could reach around $14 billion by 2030, though the company itself has stated this business will not have a material impact on its finances until fiscal 2028. Arm’s strengths lie in low latency and energy efficiency—metrics that major cloud providers are increasingly prioritizing as they expand AI infrastructure. Even with its stock pulling back from recent highs in the short term, analysts still view Arm as one of the key beneficiaries of the server CPU upgrade cycle.
3 minutes ago
Crypto whale who profited over $23.77 million from BAT ICO liquidates 27,586 ETH
According to monitoring by Yu Jing, a whale that earned $23.77 million from participating in the BAT ICO sold 15,000 ETH (valued at roughly $24.29 million) two hours ago. The whale has now fully liquidated all 27,586 ETH it received from selling 35 million BAT on-chain over the past day and a half, converting the proceeds into 44.836 million USDS at an average selling price of $1,625.
3 minutes ago
Sources: Iraqi officials once considered withdrawing from OPEC, but current plans are to remain a member and pursue a higher quota.
A senior Iraqi oil ministry official said that if OPEC quotas are not significantly increased, Iraq will be forced to consider all available options. Sources said Iraqi officials had considered withdrawing from OPEC, but the current plan is to remain a member and push for higher quotas. (Jinshi)
3 minutes ago
Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.
Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.
3 minutes ago
Stifel: U.S. economy in "overheated expansion" as AI investment cycle outweighs consumer pressure
U.S. large diversified financial services holding company Stifel has raised its year-end S&P 500 target and rolled out a stock allocation framework for a "high-growth, high-inflation" environment. The firm lifted its year-end S&P 500 target to 7,800 points, noting the U.S. economy is entering a "running hot" state—where economic growth is strengthening alongside mounting inflationary pressure. Stifel’s models show U.S. growth momentum is picking up while inflation momentum is clearly overheating, a trend that will reshape the market’s leading sector structure in the second half of the year. Instead of traditional consumer sectors, Stifel’s top picks are investment-led cyclical industries, including banks, transportation, materials, energy, semiconductors, software and equipment. The firm adds that fixed-asset investment in AI remains on the rise: large tech firms including Amazon, Microsoft, Meta and Google are projected to combine for roughly $725 billion in total capital expenditures in 2026, some $100 billion higher than prior estimates. This means the AI investment chain is likely to continue outperforming the consumption chain squeezed by inflation. Stifel advises investors to reduce exposure to discretionary consumer, consumer staples, communication services and some financial services sectors, as these areas see weaker earnings revisions. Conversely, the firm favors cyclical value stocks and hedges with defensive value sectors such as insurance, autos, energy and banks.
The Coinbase 50 Index adds six new projects: HBAR, MANTLE, VET, FLR, SEI, and IMX.
PANews reported on December 2nd that Coinbase will rebalance its Coinbase 50 Index (COIN50) in the fourth quarter of 2025, adding six new assets: Hedera Hashgraph (HBAR), Mantle (MANTLE), VeChain (VET), Flare (FLR), Sei (SEI), and Immutable X (IMX). This index tracks the overall performance of the top 50 investable digital assets listed on the Coinbase exchange.
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The market expected mainstream crypto like Bitcoin Cash to recover quicker and respond with a positive YTD, and it did. However, joining forces with major cryptos, Monacoin has been reporting a YTD of 63%, while other altcoins like VeChain continue to suffer.
Bitcoin Cash [BCH]
The fifth-largest coin on CoinMarketCap [CMC], Bitcoin Cash [BCH] has been rising over the past 24-hours. It managed to climb by 2.47% over the day and was reporting 9.11% YTD returns. According to the Bollinger Bands, the current state of the market appeared to be less volatile as the bands were converging. However, the moving average had slid under the candles, something that could mean a bearish future for BCH.
Resistance: $231.88
Support: $167.84
Press time price: $219.66
Market Cap: $4.03 billion
24-hour Trading Volume: $3.18 billion
VeChain [VET]
The price of VeChain did not see a lot of fluctuation as it started the new year; however, it did face the massive drop that engulfed most of the crypto-market. VeChain was reporting a loss of 41.70% in its valuation. According to the Chaikin Money Flow, the coin has been in the bearish end for quite some time now and a push above the zero mark might change the trend.
VeChain has taken an important step towards decentralization recently with the VeChain Whitepaper 2.0, while also sharing its financial planning as a move towards transparency. The Foundation reported a total capital of $806.118 being used for varied purposes.
Resistance: $0.0031
Support: $0.0021
Press time price: $0.0030
Market Cap: $167.12 million
24-hour Trading Volume: $90.52 million
MonaCoin [MONA]
MonaCoin, ranked 53rd on CMC, has managed to report returns of 63.12% on investments in 2020. The coin has been performing better than most coins in the market, but the Parabolic SAR still expected some bearishness in the market.
MonaCoin, the first Japanese crypto, is a hard fork of Litecoin. The Japanese government has reportedly approved of Monacoin and it is widely used online and across physical stores in Japan.
VeThor Token is one of the two tokens used by the VeChainThor public blockchain. VeChain was originally launched in 2015 but underwent a significant rebranding process in 2018. While the VeChain Token (VET) serves as the native token for the platform, the VeThor Token (VTHO) plays a crucial role in the overall functionality of the blockchain.
What is VeThor Token (VTHO)?VeThor Token is a VIP-180 Standard token that represents the cost of using the VeChainThor blockchain. Its primary purpose is to facilitate processes and transactions on the blockchain and essentially represents the smart contract layer of the network.
VeThor Token (VTHO) is unique because it is a VIP-180 Standard token. While VeChain Token (VET) operates as the primary value transfer token, VTHO is an integral part of the VeChainThor operation. The blockchain’s dual-token design allows investors to participate with both tokens, thus diversifying their involvement in the project.
The VeChainThor blockchain has enhanced transaction speeds and an open-source design, allowing developers to combine their efforts. Additionally, VeChainThor has developed meta transaction features that enable participants to arrange multi-party payments and multitask transactions. This versatility allows corporate users of all levels to benefit from blockchain capabilities. Furthermore, the VTHO token benefits from the dual-token design of the VeChainThor network, as transactions and smart contracts are executed without being directly related to VET’s market value.
On the other hand, Sunny Lu, the founder and CEO of VeChain, has made significant progress in his professional career. Sunny Lu became the IT Manager at Bacardi China in 2009. A year later, he shifted his focus to the fashion industry and became the chief technical officer at Louis Vuitton China. In 2014, he transitioned to the IT sector, becoming the CIO of the company’s China division. A year later, in 2015, the idea for VeChain was conceived, and Sunny Lu established the company.
Where to Buy VTHO Coin?VTHO Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by transaction volume.
To buy VTHO Coin, one must first become a member of Binance and then send fiat currency. After sending a fiat currency such as the US dollars, purchasing operations can be carried out in the Tether (USDT) Binance Coin (BNB) VTHO trading pair.
In addition, on Binance, users can place an order to buy at a lower value than the market price. This can be done by using the Limit tab and entering the amount and price you wish to buy at.
Both VET and VTHO’s social metrics increased last week. Technical indicators suggested a price correction for VTHO. VeChain [VET] and VeThor [VTHO] have surprised investors in the recent past with their bullish performance.
As the market turned in investors’ favor, these tokens weren’t late to register promising upticks. Therefore, AMBCrypto planned to take a closer look at these tokens to find out what to expect from them.
VeChain and VeThor’s bull run CoinMarketCap’s data revealed that VET’s price surged by more than 28% in the last seven days. Things for VTHO were better as the token witnessed over 43% price hike in a single day.
At the time of writing, these tokens were trading at $0.02546 and $0.002527, respectively.
AMBCrypto’s analysis of Santiment’s data revealed that these tokens’ social metrics were also impacted because of this price hike.
We found that both VET and VTHO’s social volumes increased, reflecting a rise in popularity. VET’s Weighted Sentiment also turned positive after dipping sharply.
This suggested that bullish sentiment around the token increased off late.
Source: Santiment What to expect from VET and VTHO We then checked both tokens’ on-chain data to find out whether this price increase will last. Both VET and VTHO’s trading volumes increased.
Whenever the metric rises amidst a price hike, it acts as a foundation for a bull rally.
VET and VTHO’s Open Interest also increased, meaning that the chances of the ongoing price trend continuing are high.
Source: Santiment According to TradingView’s chart, VET witnessed a pullback after touching the upper limit of the Bollinger Bands.
At the time of writing, VeChain was approaching its support near the 20-day simple moving average (SMA).
While that happened, VET’s Relative Strength Index (RSI) moved southwards, indicating that the chances of VET testing the 20-day SMA support were high.
Source: TradingView Things for VTHO were a bit different. The token experienced a massive price increase in the last 24 hours.
This pushed the token’s price above the upper limit of the Bollinger Bands, meaning that there were chances of a price correction.
Read VeChain’s [VET] Price Prediction 2024–2025
On top of that, VTHO’s RSI was resting in the overbought zone. Whenever that happens, it indicates that selling pressure might rise, which could trigger a price drop in the coming days.
In the event of a price correction, investors might see VTHO falling to its support near $0.0020.
VeThor token is witnessing a surge of over 80,300% after the token was listed on South Korea’s largest crypto exchange by trading volume, Upbit.
On Jan. 21, Upbit launched trading support for VeThor Token (VTHO) in both the Korean Won (KRW) and Tether (USDT) markets. As of Jan. 22, VTHO’s trading volume has surged by over 88,000% in the past 24 hours. According to CoinMarketCap, Upbit accounts for more than 66% of VTHO’s trading volume, with over $2.1 billion traded in just 24 hours.
As of this writing, VTHO is priced at $0.008981, reflecting over 300% increase in its value over the last 24 hours. However, it remains roughly 80% below its all-time high of $0.042, which was reached in August 2018.
VTHO was launched in July 2018 as part of the first phase of the VeChainThor blockchain, following its initial release as an ERC-20 token in 2015.
VeChainThor uses VTHO to power transactions and smart contract executions on the network. VTHO is generated by holding VeChain Tokens (VET) and is consumed during blockchain operations, ensuring efficiency and scalability within the ecosystem.
VTHO price chart (January 15–22, 2025) showing a sharp increase in price and trading volume after January 21, following the token’s listing on Upbit, reaching a high of $0.00886. Source: crypto.news Growth of VTHO token holders from 2018 to 2025, demonstrating significant adoption with over 2.9 million holders by January 2025. Source: crypto.news The number of unique addresses interacting with the VTHO on the VeChainThor blockchain continued to rise and in early January 2025 crossed the threshold of 2.9 million addresses as of this writing, as per VeChain Stats.
How far can VeThor rise this bull run? TradingView MACD chart for VTHO showing a bullish crossover and expanding green histogram bars, signaling increasing buying momentum as of January 2025. Source: crypto.news. The MACD is a technical indicator of bullish or bearish momentum, as well as trend direction. It includes MACD line, signal line, and histogram. The MACD analysis notes the recent crossover into bullish territory, which indicates an increase in bullish pressure.
As the histogram widens between the MACD and signal lines, bullish momentum continues to grow. This indicates an increased interest in VTHO which could continue driving performance in the near future. While it cannot predict specific prices, it does give insight into market directions.
Should momentum hold and the market remain bullish, the token may retest resistances in the $0.01–$0.015 range. These psychological barriers are common for tokens with prices below $0.01. However, nothing is certain. Do your own due diligence.
In increasing numbers, real-world businesses and Web 2.0 services are adopting blockchain technologies, developing decentralized applications (dApps) and transitioning to Web 3.0. This technological shift offers significant advantages and brings value adding benefits, such as decentralization, tokenization, transparent incentivization models, fair governance, and more.
But do blockchains exist today that can overcome the current challenges blocking mass adoption — such as scalability, technical complexity, and the resulting user-unfriendly functionality?
In this overview, we’ll consider the VeChainThor layer-1 blockchain (the core of the VeChain ecosystem) and explore one of its most important upgrade series — VeChain Renaissance — which may play a crucial role in enabling real mass adoption.
VeChain History VeChain is a blockchain ecosystem that was co-founded in 2015 by Sunny Lu, who still serves as CEO. With an extensive professional history, including experience as CIO of Louis Vuitton China and in Bitcoin mining from 2013, he recognized the powerful potential of smart contracts and their ability to solve real-world economic and business challenges.
After two years operating as a private consortium chain, the VeChain Foundation was launched in 2017, and the core of the ecosystem — the VeChainThor blockchain — was launched in 2018, with its genesis block mined in June of that year. The blockchain was purpose-built with features that solved many of the contemporary challenges facing its client network, including tools that paid gas fees on behalf of business users, transaction batching to make hashing data more efficient, and eventually, ToolChain, an off-the shelf product designed to help businesses spin up dApps easily.
In the years that followed, the blockchain continued to innovate, launching new products including the VeWorld crypto wallet and VeChain’s ‘Web3 App Store’ VeBetter – an incentivized, community-driven platform that rewards actions around sustainability. Today, VeChain stands as a truly underrated leader in the Real-World Asset (RWA) space, with products that are tokenizing millions of user actions through various dApps, demonstrating real-world adoption of blockchain technology and its usage on a daily basis.
What is VeChainThor? VeChainThor is a layer-1 blockchain whose core mission is to enable practical, widespread global adoption of blockchain technology. One of the main strategies for achieving this goal currently centers on the VeBetter ecosystem, a key product that brings together various X-2-Earn dApps with real-world use applications that reward users for participation. Notably, two of these dApps have already surpassed 1 million users. dApps, in some way, tackle the UN’s SDGs, ranging from health to waste reduction, to sustainable transport. The goal is to build a lifestyle platform, where users can use VeBetter apps throughout the day, earning rewards for making the world better, in some way.
VeChainThor currently operates on the Proof of Authority (PoA) 2.0 consensus algorithm, which relies on a pre-selected set of trusted and reputable validators to process transaction blocks. As part of the VeChain Renaissance roadmap, VeChainThor’s consensus mechanism will be migrated to a WDPoS model, opening up the network and enhancing its decentralization and security, while creating a deflationary tokenomic model via modifications to the VET <> VTHO dynamic.
This approach enables VeChainThor to achieve high throughput, with finality achieved after one epoch (180 blocks). Testing showed its capacity to handle up to 10,000 transactions per second, as well as high scalability. What also sets VeChainThor apart from most other blockchains is its uninterrupted operation. Since 2018, the network has maintained 100% uptime without any interruptions, which is critically important for real-world adoption and operation of large-scale dApps.
VeChainThor also offers multiple important features that significantly improve onboarding and support broader adoption:
Controllable transaction lifecycle: With the BlockRef and Expiration fields within the transaction model, users can set the time when a transaction is processed or expired if it has not yet been included in a block, preventing user funds getting trapped in the memepool. Clauses (Multi-Task Transaction): Clauses are an additional data structure within the VeChainThor transaction model which enables a transaction to carry multiple payloads within a single transaction. This lets users batch hundreds of transactions in a single ‘master transaction’, increasing efficiency and saving costs. Fee delegation: Allow users to use dApps and make transactions without owning any cryptocurrency. For example, you can simply install a wallet and start using a dApp right away — without needing to buy crypto, transfer it to your wallet, or deal with any extra steps. Transaction dependency: Set dependencies on a transaction to ensure the execution order meets the business need, transactions that specify a dependency will not be executed until the required transaction is processed. This can ensure either all transactions succeed, or none are executed, preventing important data loss. VeChainThor Token Model VeChain uses a unique two-token model that involves two separate tokens, each with its own function. This system makes transaction fees predictable, adjustable, and less affected by market volatility, which is a crucial factor for applications. Let’s take a closer look at the VeChainThor tokens:
VET: The native utility token, used for governance (VET stakers can participate in voting on ecosystem changes), staking, value storage, generating VTHO (gas token) and accessing ecosystem services. VTHO: The gas token used to pay for transactions on the network. Currently, it is automatically generated for all VET holders, but after upcoming updates, it will be generated exclusively through VET staking. What is the VeChain Renaissance? The VeChain Renaissance is a series of major upgrades to the VeChainThor blockchain, scheduled throughout 2025 and rolled out in three key phases: Galactica, Hayabusa, and Interstellar. Each upgrade will be implemented through governance voting.
The Renaissance introduces several important innovations aimed at improving staking and increasing rewards through a new tokenomics and distribution model, a new staking platform, StarGate, enabling full EVM and JSON RPC compatibility, and boosting decentralization through an upgraded consensus algorithm. We’ll explore each of these upgrades in more detail, phase by phase, in chronological order.
Galactica Phase The first phase of the VeChain Renaissance is now live on mainnet as of July 1, 2025, following a testnet period, with all upgrades successfully merged with VeChainThor.
Dynamic Fee Market with 100% VTHO Burn With this upgrade, VeChainThor significantly enhances its security by introducing dynamic gas fees that adjust based on network load. This mechanism helps prevent spam attacks that could otherwise throttle the network — for example, by flooding it with thousands of meaningless microtransactions to delay or block the network’s continuous operation.
Additionally, a network adjustment has been introduced for the VTHO token, where 100% of the transaction fees are now burned (VTHO serves as the gas payment token). Moreover, users can speed up their transactions by paying additional fees to validators. This helps reduce the supply of VTHO tokens, creating a deflationary environment.
Typed Transactions With this upgrade, VeChainThor can seamlessly identify and process different types of transactions using a new standardized transaction format. This modular design lets the network grow and improve without disrupting current ecosystem operations.
Shanghai EVM Upgrade Developers can now easily migrate various popular EVM toolkits and dApps to VeChainThor and benefit from unique features such as the two-token model, fee delegation and multi-clause transactions. This also supports VeChain’s broader goal of mass adoption, as the Ethereum ecosystem is one of the largest in the industry — with a vast number of developers and users.
Hayabusa Phase The second phase of the Hayabusa upgrade began rolling out on July 1st, with full mainnet integration planned by end Q4 2025. This phase includes several updates that are already delivering visible benefits for users.
StarGate: New Staking Platform StarGate is a staking platform launched on July 1st, featuring a unique NFT-based staking collateral mechanism. It serves as the native platform for users to stake VET (the utility token of VeChainThor) and mint an NFT in return. This NFT represents the staked VET collateral and acts as a delegation instrument. Simply put, holders can become delegators, participating in network operations and earning rewards in VTHO tokens.
Note: The validator delegation mechanism is not yet live and is planned for activation by the end of December 2025.
The staking system itself has also been enhanced and made more decentralized through the introduction of multiple new staking tiers. Depending on the selected tier, delegators receive a multiplier on their staking rewards:
Delegator VeThor X (600,000 VET): 2.0× staking rewards multiplier Delegator Strength X (1,600,000 VET): 3.0× multiplier Delegator Thunder X (5,600,000 VET): 4.0× multiplier Delegator Mjolnir X (15,600,000 VET): 5.0× multiplier Delegator Strength (1,000,000 VET): 1.5 multiplier, capped at 2,500 NFTs (max 2.5 billion VET staked) Delegator Thunder (5,000,000 VET): 2.5 multiplier, limited to 300 NFTs (max 1.5 billion VET) Delegator Mjolnir (15,000,000 VET): 3.5 multiplier, limited to 100 NFTs (max 1.5 billion VET) As introduced in the VeChain Renaissance, three new accessible tiers are now live, significantly lowering the barrier for beginner users to entry and expanding the potential delegator base:
Delegator Dawn Node (10,000 VET): 1.0 multiplier, capped at 500,000 nodes (max 5.0 billion VET) Delegator Lightning Node (50,000 VET): 1.15 multiplier, limited to 100,000 nodes (max 5.0 billion VET) Delegator Flash Node (200,000 VET): 1.3 multiplier, limited to 25,000 nodes (max 5.0 billion VET) In addition to its technical advantages, StarGate also aligns with important regulatory developments. This includes compliance with recent US rulings on Proof of Stake (PoS) networks and the European Union’s Markets in Crypto-Assets (MiCAR) regulation, a regulation rule designed to regulate crypto assets and protect investors. Achieving MiCAR compliance for both VET and VTHO strengthens VeChain’s legal standing and transparency. As a result, StarGate also serves as a platform for onboarding institutional participants, who may become validators on the network.
Early Bird Staking Program with 5.48 Billion VTHO in Rewards Alongside the standard staking rewards tied to network participation, VeChain launched a 6-month Early Bird Staking Program starting July 1st. During this period, a total of 5.48 billion VTHO (~$11 million+) will be distributed as additional rewards to early participants. No additional actions are needed to participate — a tier simply needs to be selected on StarGate, and a minimum of 10,000 VET staked.
Core Tokenomics Upgrades Under the VeChain Renaissance, some major changes are coming to VeChain’s tokenomic model. The native VeChain token, VET, retains its utilities, with one key change: VET tokens staked as Economic/X Nodes can now be used as collateral to mint new “Delegator” Staking NFTs. These NFTs can then be delegated to Validator Nodes to earn a share of block rewards.
The biggest upcoming changes will affect the VTHO token. Once the Hayabusa stage of VeChain Renaissance merges with mainnet, VTHO, currently generated automatically by all VET tokens, will only be created by VET tokens being staked, with VTHO issuance linked to the total amount of VET staked.This will significantly reduce inflation of VTHO, which, alongside increased consumption via the gas fee market, and 100% base fee burning, help to support the VeChain ecosystem’s long-term value through deflationary tokenomics.
Consensus Mechanism Updates: Weighted Delegated Proof of Stake (WDPoS) VeChainThor currently operates on the Proof of Authority 2.0 (PoA 2.0) consensus mechanism, which has proven highly effective—maintaining 100% uptime since its launch in 2018 with no network interruptions. However, further enhancements are planned. The network is in the process of transitioning to a Weighted Delegated Proof of Stake (WDPoS) model, which will be fully activated after the Hayabusa phase is merged into mainnet. This transition aims to significantly increase the level of decentralization within the blockchain, as it enables VET stakers to delegate NFTs that represent staked VET as collateral, allowing broader participation in validator selection and overall network governance.
Interstellar Phase Interstellar is the final, third phase in the series of major Renaissance upgrades for VeChainThor, targeted for the last quarter of 2025.
Full Compatibility With The Ethereum Ecosystem The update will add full JSON-RPC support and complete EVM compatibility, enabling VeChainThor to work seamlessly with all Ethereum tools and infrastructure. This will open the door for thousands of developers to build on and migrate dApps to VeChainThor, fostering strong cross-chain communication with other EVM-compatible blockchains and protocols.
Importantly, this can attract a large number of users from across the crypto industry and position VeChainThor to achieve its ambitious goal of reaching billions of users. To do so, effective communication and interoperability with multiple ecosystems and chains is essential.
Conclusion: The VeChain Renaissance Impact on the VeChain Ecosystem and Its Influence on RWAs and Web3 VeChainThor has been a significant player in the blockchain space since 2018, evolving into a robust ecosystem where some dApps attract millions of users. Now, in 2025, it is undergoing a series of major Renaissance upgrades that substantially enhance both the network’s technical capabilities and its economic model, introducing numerous features designed to attract a broad user base and transform Web 2 services from various industries into Web3 applications.
VeChain’s advancements and adoption through its VeBetter platform also position it to have a meaningful influence on Real-World Assets (RWAs) and the broader Web3 landscape, bridging traditional industries with decentralized technologies while adhering to all necessary standards, bolstered by the VeChain Renaissance upgrades. This approach significantly strengthens VeChain as one of the leading blockchain ecosystems capable of driving mass adoption.
Discover more about VeChain by following the official links:
Through this cooperation, institutions may use Crypto.com’s regulated, institutional-grade custody infrastructure to safely store, monitor, and transact VET and VTHO. Through this partnership, more institutions will have access to the VeChainThor network. Today, Crypto.com and the VeChain Foundation announced their collaboration to provide secure custody support for the native VeChain (VET) and VeThor (VTHO) tokens on the VeChainThor blockchain. Through this partnership, more institutions will have access to the VeChainThor network, a public blockchain that facilitates high-speed value transactions, transparent information flow, and effective teamwork for common B2B and B2C applications.
Crypto.com Custody provides high-net-worth individuals and qualified institutions with custody services via a complete, end-to-end solution that prioritizes safety and security.
Through this cooperation, institutions may use Crypto.com’s regulated, institutional-grade custody infrastructure to safely store, monitor, and transact VET and VTHO. The service satisfies the increasing need for scalable, affordable, and compliant blockchain infrastructure by providing insured custody options, multi-user rights, and configurable governance procedures.
Eric Anziani, President and COO of Crypto.com stated:
“Digital asset institutions require a custodial solution that provides the best possible service from both a security and liquidity perspective. That is what we have focused on building at Crypto.com, and we are honored to support the VeChain Foundation by enabling custody for their native assets.”
VeChainThor employs a novel dual-token system in which VTHO covers gas usage for blockchain operations and VET serves as the value-transfer medium. This enables the blockchain to retain cost stability even in times of significant market volatility. By implementing dynamic fees via a gas fee market based on Ethereum’s EIP1559, the network has improved security, balanced demand and expenses, and added an accelerated deflationary model to the tokenomics of the protocol.
Sunny Lu, VeChain CEO stated:
“Crypto.com is well established as a leading exchange in the crypto market, and stands at the forefront of mainstream adoption. Through this new partnership, we can confidently accelerate our institutional and mainstream adoption strategies using Crypto.com’s world-leading custody services, supported by their robust infrastructure.”
Clients that are interested may send contact requests to crypto.com/custody. Please contact [email protected] if you would want to collaborate with Crypto.com.
More than 150 million clients worldwide trust Crypto.com, which was founded in 2016 and leads the industry in security, privacy, and regulatory compliance. Through innovation, Crypto.com is dedicated to speeding up the adoption of cryptocurrencies and enabling the next generation of creators, builders, and entrepreneurs to create a more fair and equitable digital ecosystem.
VeChain was founded in 2015 and introduced VeChainThor, a general-purpose, adoption-focused blockchain platform, to facilitate widespread Web3 adoption. Developers and companies may create apps without needing extensive technical knowledge thanks to VeChain’s reliable, scalable network.
With its VeBetter platform, an app ecosystem that tokenizes and rewards users based on sustainability activities, VeChain now leads a retail-focused strategy after demonstrating its capabilities over the years and being supported by alliances with international organizations like the UFC, BCG, and Walmart China. With more than 4 million users using VeBetter-powered applications and more than 30 million tokenized operations to date, VeChain is still working to make blockchain useful, accessible, and influential for both individuals and companies. Go to vechain.org for resources, funding, and more.
An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.
