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See the live VeChain price UK. Buy VeChain in the UK or add it to your Crypto Strategy.

VeChain

VET

VET to GBP Price

£0.037255

VeChain Market Cap

£3.02B

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VET GBP price chart / performance

VET GBP price chart / performance

Past performanceis not indicative of future results. GBP (£) currency fluctuations can cause returns to go up or down. Returns shown are before fees.See feesandasset data disclosurefor more details.

Returns

Returns

Return (24h)
+0.47%
Return (7D)
-9.17%
Return (1M)
-20.49%
Return (1Y)
+45.15%

My Investment

My Investment

Profit Taken
£0.00
0.00%
You Have:
Unrealised P/L
£0.00
0.00%

VeChain (VET) History and Overview

VeChain (VET) History and Overview

The VeChain public blockchain is an advanced layer 1 smart contract platform. It has many technical upgrades versus its predecessors, facilitating adoption in real-world commercial environments. The blockchain-based platform has multiple real-world business applications as it combines blockchain technology with the ‘Internet of Things’ (IoT). VET is the native token that lets people transact on the blockchain. VeChain combines decentralization and centralization with many integrated tools, including KYC, to ensure smart contracts support it. VET functions on top of VeChain, which uses a Proof-of-Authority (PoA) consensus protocol. By undergoing regular updates, the chain promises to resolve the weaknesses in the two main consensus types: Nakamoto Consensus and Byzantine fault Tolerance.

How To Buy VeChain or Add it to your Strategy

The fastest, most convenient way to purchase VeChain is to purchase it on ICONOMI. We check VeChain live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy VeChain by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if VeChain is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy VeChain, we recommend you read the next section, as copying might be a better approach.

Add VeChain to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have VeChain in their structure.

Posts

Here you can read and comment on all posts made by Strategists about VeChain VET. See all VeChain GBP price predictions in real time and make the best use of their crypto knowledge.

Blockchain Index
8 Jan, 2025

VeChain: Revolutionising Supply Chains with Blockchain


$VET is reshaping supply chain management by leveraging blockchain to track goods with precision and transparency. Powered by its VeChainThor blockchain, it ensures authenticity and reduces counterfeiting, which are critical in industries like luxury goods and pharmaceuticals. VeChain goes beyond logistics—its innovative solutions have enabled industries to integrate verified data across the supply chain, reducing inefficiencies and improving quality control. Strategic partnerships with Walmart China and BMW solidify its real-world relevance and showcase its ability to deliver impactful solutions. Its dual-token system—$VET for value and $VTHO for energy—stabilizes transaction costs while supporting scalability. With these innovations, VeChain makes enterprise adoption seamless and practical, positioning itself as the leader in utility-driven blockchain solutions for global markets.



3 people like this
Blockchain Index
8 Jan, 2025

VeChain’s Tech Edge: From PoA to ToolChain


$VET employs Proof of Authority (PoA) consensus to ensure swift and efficient transactions, addressing enterprise needs for speed and scalability. This model processes large transaction volumes while balancing the challenges of centralization through continued advancements. To mitigate centralization risks, VeChain is evolving its PoA mechanism to ensure randomness in block generation and enhanced decentralization. The VeChain ToolChain enables businesses to create and deploy their own decentralized apps (DApps), streamlining blockchain adoption for diverse industries. Innovations like X-Nodes and Economic Nodes incentivize network validators and strengthen ecosystem security, ensuring a robust infrastructure for growth. By integrating IoT and focusing on real-world utility, VeChain sets itself apart as a leader in blockchain innovation. Its flexibility in meeting enterprise demands makes it a prime choice for companies seeking innovative solutions.



3 people like this
Blockchain Index
8 Jan, 2025

 VeChain Price Analysis: Is $0.10 Within Reach?


VeChain’s price action showcases resilience, recovering from a 2024 correction and stabilizing at $0.052. Key support at $0.040 and resistance at $0.05660 define its current trajectory, reflecting strong consolidation before a potential breakout. Breaking above Fibonacci retracement levels could pave the way to a target of $0.10329, a crucial psychological milestone. Indicators like EMA alignment and an RSI at 23.24, often seen as oversold territory, suggest a potential turnaround point for VeChain. This low RSI level could indicate that bearish momentum is waning, setting the stage for renewed buying interest and a possible recovery. The recent 20% weekly gains and a double-bottom reversal bolster market sentiment for a continued rally. The alignment of technical indicators suggests that $VET is well-positioned for upward movement in the short term. Its ability to reclaim key support levels underlines its potential for sustainable growth.



2 people like this
Blockchain Index
8 Jan, 2025

VeChain’s Renaissance Initiative: The Comeback is Here 


After being overshadowed by newer blockchains, VeChain’s Renaissance Initiative signals a powerful resurgence aimed at reinvigorating its ecosystem. This initiative introduces revamped tokenomics, incentivizing network usage and fostering decentralization, which attracts more validators and developers to the platform. Removing staking limits and enhancing validator participation strengthens its ecosystem and increases user engagement. VeChain’s ability to address global supply chain challenges with innovative solutions positions it for renewed adoption in industries seeking efficiency and transparency. These changes aim to position $VET for greater utility and adoption, fostering a more dynamic and active ecosystem. By aligning its infrastructure with market demands, VeChain is ensuring that it stays relevant and competitive in the ever-evolving blockchain landscape.



3 people like this
Blockchain Index
8 Jan, 2025

 VeChain Price Predictions: Eyeing the Future 


Speculation around VeChain’s potential in 2025 is optimistic, with analysts forecasting a range of $0.50 to $1.00 based on market trends. Factors like increased adoption in supply chain logistics, strategic partnerships, and a bullish crypto market could drive demand for $VET, resulting in significant price appreciation. VeChain’s capped supply of 86 billion tokens ensures scarcity, adding upward pressure as adoption grows across industries. While challenges like market volatility persist, VeChain’s innovative use cases and steady development underpin its growth narrative and potential for mass adoption. These forecasts are fueled by VeChain’s strong fundamentals and the increasing relevance of blockchain in solving global supply chain issues. Its ability to align with market expectations and execute its roadmap will be pivotal in shaping its price trajectory. The long-term outlook remains favorable for VeChain, provided it continues to innovate and expand.



2 people like this

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VeChain GBP Price FAQ

What Is the Highest Price of VeChain in GBP?

VeChain price UK history shows the highest value of 0.18 GBP . We recorded this price on April 19, 2021, but we cannot exclude that a higher price was registered before February 12, 2021.

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