VeChain (VET) is a blockchain-based platform built exclusively to cater to the needs of entry-level businesses, and it is designed to enhance the supply chain management and product life cycle management through the use of Distributed Ledger Technology (DLT). In recent years, it has become a key player in the blockchain network by captivating the attention of many investors.
Before delving into the investment aspects of it, let’s take a look at what VeChain is, how it works, its price prediction for the year of 2025, and where we can buy the crypto.
What is VeChain (VET) and Its Tokens?
VeChain is a smart contract blockchain designed to streamline the process of supply chain management and business management through secure DLT. Additionally, it also serves as a platform for Web3 development. The main goal of VeChain is to solve the supply chain issues and easy handling of information, and this is made possible by the use of smart chips that track all points related to a supply chain flow. VeChain ensures maximum security, transparency, and reliability by connecting to a DLT.
The secondary goals of the crypto include becoming a leader in decentralized applications (dApps) and Initial Coin Offerings (ICOs) and being the middleman for the Internet of Things (IoT). VeChain is unique in this way by providing a unique ID and also a sensor to track physical products.
The VeChain crypto has borrowed one thing from Ethereum, i.e., its dual token strategy. The two tokens of VeChain are VET and VTHO. The primary token of VeChain is VET, which is used for storing and transferring value. The transactions made on dApps on VeChain’s blockchain will use this token, and anyone can buy and invest in VET.
On the other hand, VTHO is used for transaction fees, and it represents the underlying cost of using the blockchain. This token is not available for the public, and it is only used by the developers. VeChain separated the two tokens so that the token used for transaction fees would have a stable price.
How Does VeChain (VET) Work?
VeChain uses the Proof-of-Authority (PoA) system in order to keep things running smoothly. It uses a combination of its blockchain technology and smart tags to track goods, and the sensors send information about the product to the blockchain during its lifecycle. This information sent to the blockchain is stored and can’t be changed or deleted. And both the business and consumer can see the information on VeChain.
There are a number of fixed validators called Authority Masternodes in the PoA system used by VeChain for confirming transactions. Any party who wants to be an Authority Masternode needs to verify themselves by disclosing their identity, passing the Know-Your-Customer (KYC) procedure, and other requirements set by the VeChain blockchain.
The two tokens of VeChain play an important role in its working. The VET works as a value-transfering medium, and the VTHO represents the underlying cost of using the blockchain.
VeChain (VET) Price Prediction for 2025
Let’s take a look at its price at the time of writing.
Market Price: $0.05467
Market Capitalization: $4.42B
24-Hour Trading Volume: $238.51 M
Total Supply: 85.98B
Circulating Supply: 80.98B
Now let’s move on to the price prediction of VeChain for the year of 2025.
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
| January | $0.051676 | $0.057907 | $0.070742 | 29.13% |
| February | $0.061086 | $0.072512 | $0.088561 | 62.11% |
| March | $0.09023 | $0.114022 | $0.193983 | 254.71% |
| April | $0.146601 | $0.175554 | $0.205514 | 153.32% |
| May | $0.0974 | $0.114391 | $0.138672 | 153.07% |
| June | $0.079078 | $0.089356 | $0.104472 | 90.34% |
| July | $0.075598 | $0.095737 | $0.126683 | 131.14% |
| August | $0.112118 | $0.121117 | $0.13805 | 151.92% |
| September | $0.09229 | $0.105891 | $0.11568 | 111.54% |
| October | $0.114819 | $0.131949 | $0.155337 | 183.90% |
| November | $0.088035 | $0.110244 | $0.137481 | 151.49% |
| December | $0.084871 | $0.091794 | $0.100303 | 83.28% |
Where To Buy VeChain
Binance
Coinbase
Kraken
KuCoin
Gate.io
Bitfinex
Crypto.com
OKX
Hotbit
Bittrex
Conclusion
As the government and businesses recognize the growth potential of blockchain, supply chain management and product verification features of the VeChain positions it for widespread adoption. The growing demand for secure and transparent solutions and also the expanded market for dApps supports the VeChain network.
These features make it a good cryptocurrency investment. But it is important to acknowledge that, like any other cryptocurrency there are risks associated with VeChain as well and its price is subject to volatility. So there is importance of thorough research and advice from financial analysts before making an investment decision.
