What is VeChain (VET)? The supply-chain blockchain where only staking earns VTHO

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.VeChain is a blockchain for tracing goods and runs on two tokens, VET and VTHO. Since the Hayabusa upgrade, new VTHO is only generated for staked VET.Add as a preferred source on GoogleFollow on Google NewsVeChain is a public blockchain used by companies mainly to trace goods through supply chains. The network is called VeChainThor and runs on two tokens: VeChain (VET) is the store of value that you trade and stake. VeThor (VTHO) pays the fees for transactions and smart contracts. Since the Hayabusa upgrade in December 2025, new VTHO is only created for VET that is staked. If you simply hold VET in a wallet, you no longer receive anything extra. On November 3, 2026, one VET cost around €0.0049. Total market capitalisation stood at roughly €425 million, which means VeChain is no longer among the hundred largest cryptocurrencies. VET is available on many large trading venues; our comparison of the best crypto exchanges gives an overview of fees and licences. This profile explains ...