I think everyone is under the impression when adoption starts to happens in crypto then it will be super quick. This is probably right and we are seeing adoption happen on certain crypto projects as the numbers do not lie, but it is like watching paint dry and not super quick. The other day when I looked in on VeChain I had to do a double take as the numbers have grown that much. I knew things were happening, but I never thought I would see instant growth like this.
This is an investment I have been holding off on as this project is not ready and knew it would be ready after June /July or that is what I thought. The problem is the new staking initiative has sped things up a little and I now need to start accumulating before July which is not such a bad idea. Very few things wait until you are ready and they will dictate to you what needs to happen. The numbers are now telling me this cannot wait much longer.
I think it is like watching someone you live with getting old as you do not really notice this and comparing it to someone you have not seen for some time. This can be quite shocking and the scary part is they are thinking the same about you. I have not checked in on the VeChain for a few months now and in that time I have noticed serious growth that was not there before or if it was it was marginal.
If we look at the Month of March last year the entire VeChain processed close to 7.6 million clauses (multiple transactions = 1 clause). The first week of March 2025 shows that the blockchain will process roughly 50-60% of what was achieved in an entire month. March is no special month and why this is a good time period to compare. Looking at comparing February from last year to this year the transactions have doubled. 6 million to 12 million roughly so here is definite growth and adoption happening even though it may seem slow it is still doubling. March could see a 4 x growth so what will April and May bring if these numbers keep rising? It will not be long before others see this and the hope is this may be overlooked in the bull cycle as who would have thought a crypto project was already being adopted in the real world.
So much for a dead blockchain as these figures show us that this is going to pop one of these days. How many blockchains are processing millions of transactions per month in the real world and this is what VeChain is doing. They are proving every day their technology is working and this technology is being adopted whilst 99% of crypto is trying to get to this point proving and showing they have technology to offer. These projects and investors are all hoping they have a case yet VeChain is quietly going about it's business so much so no one even remembers who they are. Apparently if you do not make much noise on social media then you are no longer relevant. The truth is they do not need your investment as the value is going to rise through adoption whether you are involved or not.
There is still well over 4 hours to go today so I expect another solid 600K -640K clauses.
The funny thing is they themselves know what is coming and there is no need to advertise their successes. The clients they have on board already are enough to make them successful and possibly the busiest blockchain in the crypto world. The VeChain team is keeping their heads down making sure they are ready for January 2026 when CBAM goes live. This has been the objective for the last 5 years and unless you researched you would never know.
Currently ranked at 53 on the market cap charts yet it is way more than a 53 ranking and can see this being in the top 3 or 4 next year.
We are all hoping for a bull market to make some serious gains and they will be creating one of their own through supply and demand. Many have been speculating about Ethereum and SOL toppling Bitcoin on market cap, but more realistically it could be VET and I am not joking either. Maybe a little far fetched right now, but maybe not when millions of companies are using the VeChain daily. VET has a $2.3 billion market cap at 2.7c each currently so the legs are there to make some huge gains. What they have is that big and with the latest announcement regarding Stargate and staking the supply of the gas token VTHO is reduced which once adoption happens will make it deflationary.
What amazes me is the current price of VTHO which is the gas token paying for the transactions on the VeChain. How much is a fully adopted blockchain really worth? There are currently 36 million VTHO generated per day and if there were a million transactions actioned today that would cost only $2600. 36 million transactions is only costing $93 600 which still sounds incredibly cheap if you ask me. I would have though this would be realistically in the millions of dollars each day and why my head says the gas token is way under valued for what it does. A 10 x would only generate less than $30 million per month so this price is way off.
I am not one for price predictions or playing a guessing game so I will rather wait and see as this is a real crypto project operating as it should whilst under the radar.