VeChain Price
vet
Price Statistics
Live VET Price Summary
As of May 1, 2026, the global cryptocurrency market cap is $609.36M with a +1.37% change in the last 24 hours. VET's current price is $0.00708684, with a 24-hour trading volume of $10.58M. VET is +1.38% in the last 24 hours, with a circulating supply of 85.99B VET coins and a maximum supply of 86.71B VET coins. VET ranks 90 by market cap. It has a 24H high of $0.00710956 recorded on May 1, 2026, and its 24H low so far is $0.00693999, recorded on May 1, 2026.
VeChain price analysis by TradeGPT
- Affected by macro disturbances and fluctuations in market sentiment, VET remains in a short-term range oscillation between 0.
- 0069–0.
- 0073.
- If systemic risks intensify, it may test the support at 0.
- 0068.
- Conversely, if ETF capital inflows remain strong, it is expected to test the resistance at 0.
- 0075.
- In the mid-term, the strengthened trend of RWA (Real World Asset Tokenization) is driving VeChain’s industry adoption, making network transaction demand and ecosystem expansion the core valuation support.
- Operation advice: closely monitor macro events and ETF capital flows, combine with volume changes at key price levels, prioritize swing trading strategies; cut losses cautiously if it breaks below 0.
- 0068, consider chasing momentum if it breaks above 0.
- 0075, with moderate focus toward mid-to-long term value allocation.
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VeChain News
SoSo Macro | US Q1 GDP Misses Expectations; March PCE Hits Three-Year High
Tokyo’s key inflation gauge unexpectedly slowed and remained below the Bank of Japan’s target, supporting policymakers’ cautious approach toward resuming interest-rate hikes.
Wall Street Breakfast | May 1, 2026
The probability of the Federal Reserve keeping interest rates unchanged in June is 95%, and in July it is 87.9%.
What Can You Do With VeChain?
About VeChain (VET)
What Is VeChain (VET)?
VeChain (VET) is a blockchain platform designed for enterprise use cases and commercial applications. Underlying the VeChain ecosystem of apps and development tools is its blockchain network, VeChainThor, which is built on a modified version of Ethereum.
VeChain started with a heavy focus on the supply chain industry. Over time, it added clients from a variety of other industries as well. The blockchain’s core value remains its ability to help businesses track and verify information along their supply chains. Examples of VeChain’s real-world applications include verification of luxury product authenticity, tracking of individual vehicle mileage data and food quality control in supermarket supply chains.
VeChain uses a consensus model called proof of authority (PoA), in which validator nodes receive block processing privileges based on their identity, network behavior history and credentials. Validators, called Authority Masternodes on the platform, must provide the VeChain Foundation with information about their identities and lock at least 25 million VET, the platform’s main crypto coin, to earn block processing rights.
VeChain uses a two-coin model. The chain’s main cryptocurrency, VET, is used largely for governance and value transfers, while a second coin, VTHO, is used for underlying gas fees.
Vechain Price (VET)
The VET coin was launched in late July 2018, trading at $0.025. Over the following few months, the coin dipped below the 1-cent line and remained there until July 2020. In the second half of 2020, VET slowly rose to reach 2 cents by the end of the year.
In early 2021, the VET coin experienced a rapid rise, climbing to an all-time high of $0.28 on April 19, 2021. Having spent just a few weeks at plus-20-cent levels in April and May 2021, VET crashed in mid-2021, nosediving to less than $0.06 by July. The coin then rose to hit another local maximum, $0.17, in November 2021.
When the cryptocurrency market crashed in November 2021, VET entered a prolonged period of decline, dropping below 10 cents in December 2021 and below 5 cents in May 2022. VET has remained below these levels since then.
What Is VET Used For?
VET is used as VeChain’s governance coin. It’s also used on the chain as the main cryptocurrency for value transfers and storage.
Holding VET automatically generates VTHO at 0.000432 VTHO per VET each day. VET coins may also be staked on the platform to earn more VTHO from the block processing activity.
Vechain Tokenomics (VET)
The VET coin has a maximum supply of 86.7 billion. The coin’s supply distribution shares are as follows:
- 41% — Crowdsale
- 22% — Operation Development
- 13.28% — Burn
- 9.72% — Enterprise Investors
- 9% — Private Investors
- 5% — Project Team
Who Is the Founder of VeChain?
VeChain was founded by two Chinese technology entrepreneurs, Sunny Lu and Jie Zhang. Lu is the CEO of VeChain, while Zhang, now a partner of VeChain, previously served as the CFO.
How to Store VeChain (VET)
Software wallets to store VET coins include VeChainThor Wallet, Sync2, Trust Wallet, Atomic Wallet and SimpleHold. If you prefer the security of hardware wallets, commonly used brands for VET include Ledger and Cobo Wallet.
Where to Buy VeChain (VET)
You can buy VET from any top crypto exchange, including Bybit. On Bybit, you can trade VET as a USDT perpetual (VETUSDT) in the derivatives market.
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Frequently Asked Questions about VET(VeChain)
- As of May 1, 2026, VeChain (VET) is trading at $0.00708684.
- In the last 24 hours, the lowest price is $0.00693999, and the highest price is $0.00710956, with a trading volume of $10.58M.
- The market cap is $609.36M, ranking it #90 among all cryptocurrencies.
Disclaimer
Investments in cryptocurrencies, including but not limited to purchasing VeChain and other digital assets through Bybit, carry significant market risk. Should the digital asset you are seeking not be currently available on Bybit, please be advised that it will be introduced in the near future. Bybit disclaims all liability for any results or outcomes of such investments. The information regarding pricing and other relevant data presented herein is derived from publicly available sources. This content does not reflect the official stance of Bybit and should not be construed as investment advice, a recommendation, or an offer to buy, sell, or hold any form of digital assets.
Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.
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