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VeChain Trending Power, Community Score, Developer Score

Summary

VECHAIN Price
$0.050322
24 hours
-4.25%
7 days
+6.32%
Sentiment
90.74%
9.26%
Market Cap
$4.1B
Market Category
Community Score
Developer Score
VMR Score
% gains (ATH)

VeChain stands at the forefront of blockchain innovation, redefining how businesses approach supply chain management and sustainability. Launched in 2015, the project transitioned from a private consortium network to the VeChainThor public blockchain, an advanced Layer 1 smart contract platform fully compatible with Ethereum's Virtual Machine (EVM). This versatility allows VeChainThor to address a myriad of real-world applications, including supply chain tracking, carbon emissions monitoring, and decentralized finance (DeFi) solutions. At the heart of its ecosystem lies a unique two-token model that ensures low and stable transaction costs, making it an attractive option for businesses and developers. VeChain's Proof-of-Authority consensus mechanism not only enhances throughput and scalability but also prioritizes security and energy efficiency, delivering a dependable network without downtime for over three years. With a global footprint that includes offices in China, Singapore, Luxembourg, Japan, France, San Marino, and the United States, VeChain Technology continues to lead the charge in deploying blockchain applications across various sectors. Collaborating with strategic partners like PwC and DNV GL, VeChain has forged significant alliances with industry giants such as Walmart China, BMW Group, and H&M, unlocking new possibilities in transparency and traceability. Discover how VeChain is revolutionizing industries and driving sustainable practices through blockchain technology. Join the movement towards a smarter, more efficient future today!