The VeChain is a crypto project I have been monitoring for the last 5 years because it is one crypto that has genuine real world use cases and is already being used by various big business and institutions. The puzzling part which makes little sense is the transaction numbers being processed by the blockchain.
When we look at the current price of $0.0072 it is below 1 cent when we consider the all time high price of $0.28c achieved on April 2021 which is almost exactly 5 years ago. The price like every other crypto is down by 97.5% which is kind of scary.
The VeChain has been bubbling along very nicely doing what it does every day with the one exception the transaction numbers are not there like they were a few months ago. Seeing between 30K and 40K transactions daily is not great when we were used to seeing 100K plus daily. I have no clue why things are so quiet and will have to monitor this more closely to see if there is a reason for the sudden down turn.
The good news about VeChain is almost all of crypto is down around 95-97% when looking at prices and this crypto being VET and VTHO (gas token) has real use cases being used by various companies processing their orders.
One of my other crypto projects COTI processed 10 million transactions and that only equated to $5 in COTI as a cost for those transactions. The reality of all these crypto projects is that the transaction numbers need to rise before they show their real values. Adoption needs to kick in and more development is required before we see the tides change.
The VeChain is well positioned being involved within the EU and part of the CBAM regulations. If I am honest I was expecting far more to be happening on chain with the transaction numbers we are seeing now and this is rather disappointing. Nothing has changed in my thinking and still believe in this project as the fundamentals still remain the same so this is all still a patience game.
Investing in low caps is very high risk because of the volatility and why one has to research and continue to research and know what is taking place. The price of $0.0072 sounds like a great entry price considering the upside but then again most crypto is in the same boat with the one exception being real world use cases.
Over the coming weeks I will do some extended research into the 2026 road map to see if anything has changed and will not be holding my breath. The VeChain has been around for over 10 years and expect a continuation of the same plan they have always had.
The problem with VeChain is very little news is released advertising what is new or new developments so you have to go digging. Most crypto investors would regard this as a dead project and it is definitely not due to the partnerships involved. This is still a wait and see project which will do very well once everything takes off.
