This is one of my target investments for this crypto cycle and thankfully there has been no real urgency as yet. I have been researching and following VET for close to 4 years now and will continue to do so for years to come. I still need to grow my bag and with the market the way it is this should not be too difficult. The target I had set was a what was then a lofty 200K VET and 1 million VTHO (gas token). These numbers should still be doable over the coming months and definitely looking forward to securing my bags. I see VET and VTHO as sleeping giants or hidden gems that have been sitting in front of everyone for years doing absolutely nothing.
The statistics of what is happening on the blockchain tell you everything you need to know and this is going to jump up in value once real adoption happens. The CBAM which is the EU Carbon Border Adjustment Mechanism kicks off in January 2026 so the transaction numbers on the VeChain will start to rise rather rapidly.
There are many other projects already live on the VeChain, but CBAM is the really big one that will show other crypto projects what happens when you have developed a real world use case.
The number of accounts has almost tripled this year moving from 4.2 million accounts in January to over 14.2 million current. This is huge growth and the momentum is not easing off either and could see around 16 million accounts by the year end.
The cost to use the chain in gas fees which is paid in VTHO has risen since they changed the VTHO eligibility through staking and not just to those holding VTHO. There are roughly 36 million VTHO generated daily and these need to be burned via transactions in order to make this a deflationary investment. Patience and understanding how this will happen is the key to unlocking the wealth in this blockchain.
The active contracts correlates the new account growth and this seems like this year has been one of huge growth when comparing the last few years which has been very little. Very little would be another word for disappointing with the current active accounts on the 14K mark.
Understanding the tokenomics of your investment is very important as it makes you understand how and where the values have to come from. What needs to change in order for your investment to grow in value. The VTHO like I mentioned above is generated at around 36 million tokens daily and has a weekly volume of 260 million VTHO. Back in 20019 and 2020 the VeChain team changed the number of tokens by double which devalued VET and VTHO immediately. You may ask why this was necessary and obviously they needed more tokens to fulfil the needs of the Carbon Emission transactions which start in 5 weeks time.
VeChain is unique in how they operate as there is no self promotion via social media as they literally do not need this. They are well set and investors will come to them without highlighting what they have been developing. This is in a nut shell for the various manufacturing and logistical industries to use and is where there attention is focused. Forget the number of transactions we see now or the VTHO daily burn as that is about to change. This would be seen as a dead crypto by many if they did not have the knowledge of what is taking place here and this is going to surprise many when this does take off. The time period is a difficult one and I will be accumulating weekly from now before we see the transaction numbers rise in the New Year.