VeChain Price
vet
Price Statistics
Live VET Price Summary
As of May 12, 2026, the global cryptocurrency market cap is $665.34M with a -2.03% change in the last 24 hours. VET's current price is $0.00773724, with a 24-hour trading volume of $19.31M. VET is -1.96% 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 89 by market cap. It has a 24H high of $0.00804208 recorded on May 12, 2026, and its 24H low so far is $0.00765463, recorded on May 12, 2026.
VeChain price analysis by TradeGPT
- VET has achieved a strong short-term rebound due to the resurgence of global risk appetite and ETF inflows, with $0.
- 0081 becoming a key resistance level.
- In the short term, caution is advised regarding liquidity suppression and heightened volatility caused by reduced trading volume and the delisting of futures contracts.
- In the mid-term, although VET has not yet received direct backing from major institutions, the $0.
- 0075 area has formed strong support and the current holding structure has improved.
- If institutional allocation increases in the future, VET has further room for recovery.
- Strategy suggestion: In the short-term, take advantage of swing trades, strictly control resistance risk at $0.
- 0081, and wait for a stabilization signal near the support area before opening new positions.
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VeChain News
British Pound: Growth slowdown and BoE tightening – BNP Paribas
Norwegian Krone: Norges Bank's surprise hike and risk support – HSBC
Eurozone: Higher inflation and ECB hikes projected – BNP Paribas
Brazilian economists raised their interest rate forecast for next year as inflation comes under pressure from resilient domestic demand and an energy shock caused by the Iran war.
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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 12, 2026, VeChain (VET) is trading at $0.00773724.
- In the last 24 hours, the lowest price is $0.00765463, and the highest price is $0.00804208, with a trading volume of $19.31M.
- The market cap is $665.34M, ranking it #89 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.
For comprehensive details, please review Bybit’s Terms of Service.
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