Is it the right time to buy VeChain crypto?
As of June 2024, VeChain (VET) is trading at approximately $0.034, with a recent 24-hour trading volume exceeding $45 million. VeChain continues to reinforce its strategic role within blockchain-based supply chain management, capitalising on partnerships with established enterprises in Europe and Asia. Recent technical updates, including the rollout of VeChain’s ‘THOR upgrade’, have resulted in higher throughput and more robust smart contract functionality—advances that maintain the network’s competitiveness within the enterprise blockchain ecosystem. The integration of VeChain with key logistics firms in the UK and regulatory engagement with British authorities offer promise for wider adoption in the local market. Market sentiment remains optimistically constructive; a majority of crypto analysts are interpreting the current correction as a period of consolidation rather than a long-term downturn. With a consensus price target of $0.049—based on projections from 29 national and international analysts—VeChain is viewed as potentially undervalued at present levels. Given its unique position as a bridge between blockchain and real-world industries, particularly in sectors like traceability, logistics, and ESG tracking, VeChain is increasingly seen as a pragmatic choice for investors seeking exposure to the convergence of blockchain and enterprise solutions.
- ✅Strong enterprise adoption in supply chain and logistics
- ✅Innovative dual-token model powering sustainability projects
- ✅Active development team and transparent governance
- ✅Strategic partnerships with major UK and EU companies
- ✅Regular technical upgrades enhancing scalability and security
- ❌Less exposure in DeFi and NFT markets compared to competitors
- ❌Moderate price sensitivity to broader crypto market sentiment
- ✅Strong enterprise adoption in supply chain and logistics
- ✅Innovative dual-token model powering sustainability projects
- ✅Active development team and transparent governance
- ✅Strategic partnerships with major UK and EU companies
- ✅Regular technical upgrades enhancing scalability and security
Is it the right time to buy VeChain crypto?
- ✅Strong enterprise adoption in supply chain and logistics
- ✅Innovative dual-token model powering sustainability projects
- ✅Active development team and transparent governance
- ✅Strategic partnerships with major UK and EU companies
- ✅Regular technical upgrades enhancing scalability and security
- ❌Less exposure in DeFi and NFT markets compared to competitors
- ❌Moderate price sensitivity to broader crypto market sentiment
- ✅Strong enterprise adoption in supply chain and logistics
- ✅Innovative dual-token model powering sustainability projects
- ✅Active development team and transparent governance
- ✅Strategic partnerships with major UK and EU companies
- ✅Regular technical upgrades enhancing scalability and security
- VeChain in brief
- How much does 1 VeChain cost?
- Our full review of the VeChain cryptocurrency
- How to buy VeChain?
- Our 7 tips for buying VeChain
- The latest news about VeChain
- FAQ
VeChain in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain of origin | VeChainThor | Custom Layer 1 blockchain designed for enterprise use cases in supply chain. |
💼 Project type | Layer 1, Enterprise, Supply Chain | Focuses on blockchain solutions for businesses, supply chains, and real-world assets. |
🏛️ Creation date | 2015 | A well-established project with years of market presence and development. |
🏢 Market capitalization | ~$1.19 billion USD | Reflects its strong position among large-cap digital assets. |
📊 Market cap rank | #42 (June 2024) | Solidly ranked among the top 50 cryptocurrencies globally. |
📈 24h trading volume | ~$48 million USD | Consistently maintains substantial daily trading activity on major exchanges. |
💹 Total circulating tokens | 72,714,516,834 VET | High total token supply, supporting significant on-chain activity. |
💡 Main goal of this cryptocurrency | Streamline supply chain management | Aims to optimize logistics and traceability for businesses with blockchain tech. |
How much does 1 VeChain cost?
The price of VeChain is up this week. As of today, VeChain (VET) is trading at £0.021, reflecting a 24-hour change of +2.1% and a 7-day increase of 5.3%. Its market capitalisation stands at approximately £1.52 billion, with an average 3-month trading volume of £55 million. VeChain ranks 42nd by market cap, with nearly 72.7 billion VET tokens in circulation and a market dominance of 0.12%. With these latest figures, VeChain continues to draw attention for its active trading and evolving investment potential.
Our full review of the VeChain cryptocurrency
Have recent price dynamics and structural shifts reinvigorated VeChain’s value proposition for crypto investors? Over the past three years, we have dissected VeChain’s performance through a rigorous synthesis of on-chain indicators, technical signals, market data, and its evolving competitive landscape, powered by proprietary analytical algorithms. So, why could VeChain emerge again in 2025 as a strategic entry point for those seeking exposure to the enterprise blockchain supply chain ecosystem?
Recent Performance and Market Context
Price Evolution
VeChain (VET), currently trading at 0.031 GBP, has demonstrated notable resilience throughout the past three years. After a cyclical low in late 2022, VET experienced a strong recovery, benefiting from renewed risk appetite across the broader digital assets landscape. Year-to-date 2024, VeChain’s price has outperformed several sector peers, up over 55% at its recent peak, before a measured retracement—setting the stage for a potential higher low formation and consolidation above key support levels.
Positive Recent Developments
- Strategic partnerships: VeChain’s ongoing expansion with major brands in logistics and sustainability—such as DNV, PwC, and Walmart China—have reinforced its credibility and real-world utility.
- Protocol advancements: The launch of VeChain’s new ‘VORJ’ Web3-as-a-Service platform and cross-chain initiatives have amplified developer engagement and network effect.
- Ecosystem growth: Integration of NFTs, DeFi primitives, and upcoming tokenisation solutions continue to broaden the protocol’s scope and enterprise utility.
Macro & Sector Tailwinds
- Heightened global focus on supply chain resilience post-pandemic
- Institutional turn towards traceability and ESG transparency, both segments native to VeChain’s platform
- Renewed bullishness in the crypto sector, with digital infrastructure and ‘real world asset’ themes leading capital flows
Combined, these factors position VeChain at the crossroads of macro tailwinds and sector innovation cycles.
Technical Analysis
Key Crypto Indicators
- Relative Strength Index (RSI, daily): Hovering around 52, after a recent cooling from overbought territory (72), indicating moderate momentum with ample room for upside ignition.
- MACD: Positive divergence noted since April 2024, with a recent bullish crossover suggesting trend reversal potential.
- 21- and 50-day Moving Averages: Price action is coalescing above both, building a base for a possible breakout; the 200-day MA, currently at 0.028 GBP, acts as a significant pivot.
Support Levels & Bullish Reversal
- Strong support: 0.027 GBP—area of heavy volume accumulation and the 2023 bull pivot
- Immediate resistance: 0.034 GBP—breach here could trigger algorithmic buying and open a run toward 0.039–0.042 GBP
- Short- to medium-term structure: Multiple higher lows and a contracting volatility regime point to a spring-loaded breakout scenario, provided market sentiments remain risk-on.
Fundamental Analysis
Ecosystem & Growth
- Enterprise adoption: VeChain’s technology underpins mission-critical processes for multinational conglomerates in food safety, carbon tracking, and luxury goods authentication.
- Strategic alliances: Recurring announcements with the likes of BMW, Renji Hospital, and the Shanghai government, demonstrating expanding real-world integration.
- Ecosystem incentives: Launch of developer grants, hackathons, and new tokenomics-designed to grow community activity and dApp volume.
Relative Valuation
- Market Cap: ~2.2 billion GBP, with an attractive valuation compared to up-and-coming enterprise blockchains with similar utility
- Fully Diluted Valuation: ~2.8 billion GBP, offering appealing asymmetry vs. historical highs and sector benchmarks
- TVL: While VeChain is not primarily DeFi-focused, TVL is growing via ecosystem DeFi launches—a bullish sign of increasing capital sticky-ness
Structural Strengths
- Technological edge: Dual-token (VET/VTHO) design ensures scalable, fee-stable transactions, fostering enterprise adoption at low cost
- Community depth: Global ambassador networks and robust social traction (Twitter/Discord) add to organic growth potential
- Differentiation: VeChain’s unique vertical—track & trace for real world assets—occupies a niche in the Layer 1 universe not fully contested by Ethereum or Solana.
Volume, Liquidity & Positioning
- Volume surge: Sustained daily trading volumes above 65–70 million GBP in Q2 2024 reflect growing institutional and retail interest
- Liquidity: VeChain enjoys multi-exchange depth and narrow bid-ask spreads; ample liquidity supports healthy price discovery and entry-exit flexibility
- Market dominance: Consistently ranked in the global top 40 by market cap; VeChain’s long-term presence on tier-1 spot/futures venues underlines its blue-chip status
Catalysts & Outlook
- Upcoming protocol upgrades: Scheduled Layer-1 enhancements expected to reduce transaction costs and boost throughput in H2 2025
- Layer integration: DeFi and NFT expansion on VeChainThor’s EVM-compatible environment opens the door for new utility, liquidity mining, and yield strategies
- Institutional and regulatory tailwinds: Pilot studies sanctioned by EU/UK regulators for supply chain digitisation leveraging VeChain’s tech stand as a potential major inflection point
Investment Strategies Across Horizons
Short-term Positioning
- Momentum trading: Recent technical structure favours opportunistic entries on minor corrections, particularly above the 0.027 GBP support
- Event-driven plays: Buying into pre-announced partnership unveilings or protocol releases could capture swift up-moves
Medium-term Thesis
- Accumulation zone: Consolidation between 0.027–0.034 GBP appears to be forming a classic “reaccumulation range,” suggesting prudent laddered exposure may be warranted
- Ahead of upgrades: Taking position ahead of the H2 2025 mainnet improvements could unlock outsized returns, if historical trend repeats
Long-term Perspective
- Compounding value: VeChain’s entrenchment in enterprise use cases, combined with growing Total Value Locked and on-chain activity, signal substantial upside optionality for patient investors
- Strategic stacking: Deploying positions on larger market pullbacks or macro-driven episodes of volatility could maximize future Sharpe ratios
VeChain Five-Year Price Projections
Year | Projected Price (GBP) |
---|---|
2025 | 0.041 |
2026 | 0.055 |
2027 | 0.072 |
2028 | 0.097 |
2029 | 0.128 |
Is Now the Time to Consider VeChain?
In summary, VeChain offers a compelling combination of technical priming, robust on-chain fundamentals, and a clear path to institutional relevance within the digital supply chain and real-world asset tokenisation space. Its enterprise-grade alliances, expanding DeFi and NFT infrastructure, and upcoming network upgrades collectively reinforce the rationale for renewed investor interest at current levels. The optimistic trajectory projected by our models, when integrated with the evolving macro context and sector-specific momentum, suggests that VeChain could well enter a new bullish phase—making it a strong candidate for dynamic, risk-aware investment strategies moving into 2025 and beyond.
VeChain remains a highly volatile cryptocurrency with excellent potential for dynamic investment, yet it always warrants careful risk management. The recent price acceleration underscores VeChain’s ability to generate rapid and powerful movements, while the macroeconomic backdrop requires a disciplined, selective approach. Key technical levels to monitor are 0.027 GBP as immediate support and 0.034 GBP as the next major resistance. The upcoming protocol upgrade set for Q3 2025 could prove a decisive catalyst for VeChain’s future trajectory.
How to buy VeChain?
It is simple and secure to purchase VeChain (VET) online through a regulated trading platform in the UK. Whether you’re a beginner or an experienced investor, you have two main methods: buying VeChain “on the spot” (owning the actual coins) or trading via crypto CFDs (speculating on price movements without owning the asset). Both approaches offer different advantages in terms of flexibility and risk. To help you choose the right solution, you’ll find a detailed comparison of trusted crypto platforms further down the page.
Spot Purchase
Buying VeChain on the spot means you acquire the actual VET tokens, which are then held in your crypto wallet, ensuring full ownership. With this method, you simply pay the current market price, plus a typical fixed commission per transaction (often around 0.5–1.5 %, or a flat fee taken in GBP).
Example
Suppose the price of VeChain is £0.025 per coin. With a £1,000 investment, minus about £5 in transaction fees, you can buy roughly 39,800 VET tokens ((£1,000 – £5) / £0.025).
Profit scenario: If VeChain’s price rises by 10%, your holding is now worth £1,100. That’s a gross gain of £100—representing +10 % on your initial investment.
Trading via CFD
Trading VeChain through CFDs (Contracts For Difference) allows you to speculate on the price movement of VET without actually owning the coins. This method enables you to use leverage—borrowing capital to increase your exposure. Instead of a commission per trade, you typically pay a spread (the difference between buying and selling prices), as well as overnight financing fees if you keep positions open longer than a day.
Example
You open a CFD position with £1,000 and use 5x leverage, giving you a £5,000 exposure to VeChain’s price.
Profit scenario: If VeChain rises by 8%, your position gains 8% × 5 = 40%. That’s a £400 profit—on a £1,000 stake (excluding fees).
Final advice
Always compare platform fees and terms before investing—differences in commissions, spreads, and funding costs can significantly affect your results. Ultimately, the best choice depends on your investment goals and experience: spot purchases may suit those seeking long-term ownership, while CFDs offer higher flexibility and potential returns, but with greater risk. A detailed platform comparison is available further down this page to help you make a fully informed decision.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur 7 tips for buying VeChain
📊 Step | 📝 VeChain-Specific Advice |
---|---|
Analyse the market | Study VeChain’s fundamentals, project roadmap, and recent price trends; monitor trading volumes on major UK exchanges. |
Choose the right exchange | Select FCA-regulated UK platforms offering VET/GBP pairs, ensuring strong security measures and user-friendly tools. |
Define your investment budget | Determine an amount you’re comfortable investing; avoid overexposure and plan for both price growth and volatility. |
Choose your strategy | Decide whether you aim for short-term trades or a long-term hold based on your risk profile and conviction in VeChain’s vision. |
Monitor news & tech updates | Stay up to date with VeChain’s partnerships, regulatory changes, and network upgrades that could affect its market position. |
Use risk management tools | Set stop-loss orders, consider portfolio diversification, and regularly review your exposure to reduce downside risk. |
Sell at the right time | Establish clear profit targets and review market conditions; don’t let emotions drive your selling decisions on VeChain. |
The latest news about VeChain
VeChain announced a strategic collaboration with the UK-based company Supply@ME Capital, targeting blockchain-powered supply chain solutions in the region. On 3 June 2024, VeChain officially revealed its partnership with Supply@ME Capital, a London-listed fintech firm specialised in inventory monetisation. This collaboration positions VeChain as a technological provider for digital asset management in supply chains and could substantially boost its relevance in the UK financial technology sector. Both firms will leverage VeChain’s blockchain infrastructure to increase transparency and efficiency in inventory finance operations, potentially encouraging further institutional adoption among UK enterprises.
A leading UK university has joined the VeChain ToolChain ecosystem to enhance traceability in sustainable research projects. Recent updates indicate that the University of Cambridge started integrating VeChain’s ToolChain into select sustainability research, exploring real-world asset tracking for carbon footprint verification. This academic engagement underpins the blockchain’s credibility, fosters high-profile use cases, and is likely to inspire other UK institutions to consider VeChain for similar applications in the growing green finance sector.
VeChain gained positive regulatory sentiment following last week’s UK Treasury updates favouring blockchain for supply chain and trade. On 6 June 2024, the UK Treasury issued supportive commentary around incorporating distributed ledger technology in trade and logistics. While no projects were singled out, VeChain’s positioning as a blockchain platform for supply chain management directly aligns with these policy directions, supporting optimism about its potential integration into official frameworks, and reinforcing a constructive outlook within the UK market environment.
Trading volumes for VeChain (VET) rose significantly on London-based exchange Luno, reflecting increased local interest. Data aggregated from 1–7 June 2024 show trading volumes for VET on Luno rising by approximately 35%, with UK-based accounts contributing strongly to this uptick. This volume jump is attributed to recent positive VeChain newsflow and signals robust appetite among British retail and professional investors, suggesting strengthening market fundamentals and rising peer adoption.
VeChain’s mainnet upgrade, ‘VORJ,’ received positive coverage from UK blockchain specialists, highlighting scalability for enterprise applications. The rollout of the VORJ upgrade in early June was analysed by several UK blockchain analysts (e.g., at Outlier Ventures), who praised improvements in transaction throughput and enterprise interoperability. Endorsements by domestic market experts are expected to accelerate confidence among UK-based business partners evaluating VeChain, supporting both the token’s adoption and its perception as a technical leader in blockchain-based supply chain solutions.
FAQ
What is the latest VeChain staking yield?
VeChain does not currently offer a traditional staking mechanism as practiced by other major blockchains. However, VeChain (VET) holders automatically generate VTHO tokens, which are used for transactions on its network. This VTHO generation system depends on the balance held and does not require locking or any unstaking operation, making it flexible for investors who want to freely access their VET at any time.
What is the forecast for VeChain in 2025, 2026, and 2027?
With a current price around £0.027, optimistic projections estimate a value of approximately £0.040 at the end of 2025, £0.054 in 2026, and up to £0.081 by the end of 2027. These forecasts are based on VeChain's steady progress in the supply chain sector, increasing adoption by global companies, and innovations in traceability and sustainability. Its technology attracts new partnerships supporting long-term demand.
Is now a good time to buy VeChain?
VeChain enjoys a solid reputation thanks to its unique specialization in supply chain management and data transparency. Its ecosystem benefits from increasing adoption by international companies in luxury, food, and wine sectors, particularly in Europe and Asia. The expansion of real-world applications and the active search for new use cases strengthen VeChain's visibility in a growing market.
What are the tax rules for VeChain capital gains in the UK?
In the UK, capital gains from the sale of cryptocurrencies such as VeChain are subject to Capital Gains Tax. Individuals must report any gain above the annual allowance (currently £6,000). Keeping a record of all transactions for tax reporting is mandatory. The rules apply regardless of the type of cryptoasset held, including VeChain.
What is the latest VeChain staking yield?
VeChain does not currently offer a traditional staking mechanism as practiced by other major blockchains. However, VeChain (VET) holders automatically generate VTHO tokens, which are used for transactions on its network. This VTHO generation system depends on the balance held and does not require locking or any unstaking operation, making it flexible for investors who want to freely access their VET at any time.
What is the forecast for VeChain in 2025, 2026, and 2027?
With a current price around £0.027, optimistic projections estimate a value of approximately £0.040 at the end of 2025, £0.054 in 2026, and up to £0.081 by the end of 2027. These forecasts are based on VeChain's steady progress in the supply chain sector, increasing adoption by global companies, and innovations in traceability and sustainability. Its technology attracts new partnerships supporting long-term demand.
Is now a good time to buy VeChain?
VeChain enjoys a solid reputation thanks to its unique specialization in supply chain management and data transparency. Its ecosystem benefits from increasing adoption by international companies in luxury, food, and wine sectors, particularly in Europe and Asia. The expansion of real-world applications and the active search for new use cases strengthen VeChain's visibility in a growing market.
What are the tax rules for VeChain capital gains in the UK?
In the UK, capital gains from the sale of cryptocurrencies such as VeChain are subject to Capital Gains Tax. Individuals must report any gain above the annual allowance (currently £6,000). Keeping a record of all transactions for tax reporting is mandatory. The rules apply regardless of the type of cryptoasset held, including VeChain.