Raymond Van Der Graaf

[VeChain @vechainofficial]

One week on from Interstellar.

The upgrade is finalized, with no issues observed.

VeChainThor now sits much closer to the modern EVM environment builders already know: cheaper temporary state, faster memory operations, passkey- and proof-friendly cryptography, and tighter limits for more predictable block times.

For builders, that means less work adapting EVM apps and tooling for VeChainThor.
For everyone else? No drama. The network keeps running as expected.

That’s how protocol work should feel from the outside: planned, tested, then quietly doing its job.

The Renaissance continues.

[Daric @Daric_Token]

Most people still think vechain:native is the same supply-chain coin from the 2021 cycle.

It isn't.

While attention moved elsewhere, VeChain changed its consensus mechanism, redesigned its tokenomics, introduced staking and fee burning, grew its ecosystem to millions of users — and is pushing deeper into RWAs, payments and real-world adoption.

Yet VET is still trading at a fraction of its previous valuation.

That disconnect is what caught my attention.

So I took a deeper look at VeChain — and the VET thesis today looks very different from what most people remember.

VeChain has spent a decade building around real-world utility and enterprise adoption.

But underneath the surface, the network has gone through one of the biggest transformations in its history.

Galactica is LIVE.

It introduced an EIP-1559-style fee market with 100% of the VTHO base fee burned.

Hayabusa is LIVE.

VeChainThor moved from Proof of Authority to Delegated Proof of Stake, opening the network to validators and delegators.

The economics changed too.

VTHO production was reduced roughly 50%, while rewards shifted away from passive VET generation toward VET actively staked to secure the network.

And staking has grown fast.

According to VeChain, StarGate went from roughly 2.5B VET staked to 13B VET.

That's around 15% of circulating VET participating in network security.

Then there's adoption.

According to VeChain:

→ 5.3M VeBetter users
→ 50+ live VeBetter applications
→ 50M+ verified sustainable actions
→ 14M+ on-chain addresses
→ 530M+ transactions since 2017
→ 100% network uptime
VeChain has also launched 100+ enterprise applications historically and has worked with or built relationships involving names such as:
Walmart
Lululemon China
BitGo
Keyrock
Franklin Templeton
And VeChain is no longer simply the old "supply-chain blockchain" narrative.
It's expanding across:
→ Sustainability
→ RWAs
→ Digital Product Passports
→ DeFi
→ Payments
→ AI-agent infrastructure

Then there's Interstellar, the third phase of the VeChain Renaissance.

Interstellar has passed governance approval and is bringing VeChainThor closer to the broader Ethereum ecosystem through deeper EVM compatibility, JSON-RPC support, easier use of Ethereum tooling and stronger interoperability.
So the VET thesis today looks very different:
DPoS: LIVE
Staking: LIVE
100% VTHO base-fee burn: LIVE
Reduced VTHO issuance: LIVE
~13B VET staked: REPORTED
Interstellar: APPROVED / ROLLING OUT

None of this guarantees price appreciation.
VeChain still needs more developers, liquidity, economic activity and, perhaps most importantly, market attention.

But that's where the valuation gets interesting.

With roughly 86B VET circulating:

$0.10 VET ≈ $8.6B market cap
$0.25 ≈ $21.5B
$0.50 ≈ $43B
$1.00 ≈ $86B
Now compare that with $XRP.
A $1 VET would put VeChain at roughly an $86B market cap — around the valuation territory XRP has already demonstrated.

XRP has a massive head start in institutional adoption, liquidity, payments infrastructure and market recognition.

So VET reaching that level would require an enormous expansion in adoption, demand and capital.

But here's the part I find more interesting:

VET doesn't need to reach $1 for the thesis to get interesting.
A $5B–$20B VeChain would already represent a completely different valuation from where it sits today.
5.3M users.
50M+ verified actions.
530M+ transactions.
13B VET staked.
New tokenomics.
DPoS live.
Interstellar rolling out.
The technology changed.
The tokenomics changed.
The network changed.

The market's perception hasn't necessarily changed with it.

Now the question is:

Will attention and capital eventually catch up?

vechain:native 👀

[VeChain @vechainofficial]

VeFam - you SMASHED it!

Quorum on the Hayabusa vote was reached in just 5 hours 😎

The first steps to new tokenomics and an updated consensus model have been taken. 🚀

Meanwhile, please continue to support the vote and let’s crush the engagement!

$VET

[crypto.news @cryptodotnews]

NEW: @cryptocom partners with @vechainofficial to provide secure custody support for their native assets.

[VeChain @vechainofficial]

We're pleased to share we have partnered with market leader, @cryptocom, to expand our institutional and custody support options!

Through them, we enable access to VeChainThor for a new cohort of stakeholders.

New week, new progress! #KeepBuilding $VET

[VeChain @vechainofficial]

Next Monday, voting on the Hayabusa phase of VeChain Renaissance begins at https://t.co/bGWWWfx6Ob!

If approved, Hayabusa testnet will launch early Sept. & introduce major new features to the VeChainThor ecosystem:

- Upgraded $VET/ $VTHO tokenomic model
- Full Delegator / Validator Staking Model
- Consensus Migration: POA > DPOS

Hayabusa Mainnet is targeted for end December 2025.

[A P O L L O 🛡️ 𝕍 @fookelon]

👀 Big News as it’s officially confirmed. #VeChain + Franklin Templeton’s BENJI = $VET ticket to the big leagues!

Road to top 10! 🚀

#VeFam #NFT

[A P O L L O 🛡️ 𝕍 @fookelon]

$VET in the top 10 on CMC for the highest BULLISH daily change in Community Sentiment for the top 100 coins.

Make #VeChain trending again. 🚀

#VeFam #NFT

[🇬🇧 ChartNerd 📊 @ChartNerdTA]

Now that FT is involved, once $VET breaks its golden ratio, best believe it's heading towards $0.63+ 🔮 — @vechainofficial #FranklinTempleton

[Cointelegraph @Cointelegraph]

⚡️ JUST IN: VeChain partners with $1.5T asset manager Franklin Templeton to integrate BENJI platform for tokenized enterprise payments.

[VeChain @vechainofficial]

https://t.co/8ZzFhXaZ6w

[VeChain @vechainofficial]

"Crypto never needed a “killer app.” It needed useful ones. Ones that make life a little better, a little healthier, a little more connected." — from @CoinDesk

Over 20 million of actions have already been recorded on VeBetter, across a growing ecosystem of apps that bridge real-world actions and blockchain technology.

Read full article: https://t.co/AVan3uTvfP

[Sunny LU @VeChain @sunshinelu24]

8500+ NFTs, 4.9B Staking - Come to join us for the incredible rewards!

It's just getting started

https://t.co/Mq87MBou0r

[Bitcoin.com News @BitcoinNews]

BREAKING: 🇺🇸The U.S. House just passed H. Res. 580, advancing key votes on major crypto bills — including the Clarity Act, GENIUS Act, and Anti-CBDC bill. ✔️

Next up: floor votes to shape the future of crypto and #Bitcoin regulation in America.

[Crypto Yapper @TheCryptoYapper]

The $VET PUMP is coming !

The last time #Vechain broke out of the Falling Wedge, it tested horizontal resistance

We now see the similar move occurring

#VET could potentially rise more than 300% in the coming weeks !

[Commentary Donald J. Trump Truth Social Posts On X @TrumpTruthOnX]

HAPPY CRYPTO WEEK! The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets - Nobody does it better! The GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, and all others, who are trying endlessly to catch up, but they just can’t do it. Digital Assets are the FUTURE, and we are leading by a lot! Get the first Vote done this afternoon (ALL REPUBLICANS SHOULD VOTE YES!). This is our moment - Digital Assets, GENIUS, Clarity! It is all part of Making America Great Again, BIGGER AND BETTER THAN EVER BEFORE. We are leading the World, and will work hard with the Senate and the House to get even more Legislation on this passed! (TS: 15 Jul 15:29 UTC)

[CryptoBusy @CryptoBusy]

🚨 4 hours to go.

@vechainofficial Monthly Updates go LIVE at 9 PM UTC, and this one’s stacked.

📌 VeBetterDAO Updates
📌 Wanchain Cross-Chain Launch
📌 StarGate Staking Breakdown
📌 Community Q&A with 40+ builders

The ecosystem is evolving in real-time, don’t miss it.

🎙️ Tune in with @cboundy22 , @vechainofficial, @solomon_grundle and the Vefam:

🕔 4 PM CST | 9 PM UTC
🔗 https://t.co/NKSdaNUsjY

$VET | $VTHO

[VeChain @vechainofficial]

Hop in to hear from Sunny as he talks how RWA and VeChain are tokenizing real world utility, our new StarGate staking platform and more with the @esatoshiclub team! $VET

[raidenx @benj_strong]

Vechain a bullish weekly MACD cross has often with a high probability followed by parabolic price action for $VET. Everyone should understand this and be prepared 🦖🔥🚀