VeThor Price

VeThor (VTHO) is a utility token that powers the VeChain Thor blockchain network. It functions within a dual-token ecosystem where VTHO is specifically used to pay for transaction fees and smart contract operations on the network. Currently ranked #375 with a price of $0.001196, VTHO has seen a +9.82% change in the last 24 hours. VTHO has a circulating supply of 95.92B VTHO with a total supply of 95.97B VTHO. The token's market capitalization stands at $114.73M, representing 99.95% of its fully diluted valuation of $114.78M. As the gas token of the VeChain ecosystem, VTHO is automatically generated for VET holders, creating a sustainable economic model where network usage directly drives token utility and value.

VeThor was created on July 30, 2018, when it was officially launched as the energy token for the VeChainThor blockchain. VeThor functions as the gas token that powers transactions and smart contract executions on the VeChain network. It was designed as part of VeChain's dual-token economic model, where VET generates VTHO automatically, and VTHO is consumed when transactions are processed on the blockchain.

VeThor was founded by Sunny Lu and the VeChain team. Sunny Lu, a former CIO at Louis Vuitton China, launched the VeChain project in 2015, which later developed VTHO as its gas token. VTHO functions as the energy or 'gas' token within the VeChain ecosystem, used to pay for transactions and smart contract executions on the VeChain blockchain.

VeThor (VTHO) operates as a secondary token within the VeChainThor blockchain ecosystem, functioning as the energy or 'gas' token that powers all blockchain transactions and smart contract executions. When users perform actions on the VeChainThor network, they pay transaction fees in VTHO, not in VET (the primary value token). The dual-token model separates transaction costs (VTHO) from the main value token (VET), helping to maintain stable transaction fees even as VET's value fluctuates. VTHO is automatically generated when holding VET tokens - the more VET you hold, the more VTHO you generate over time. With a current market cap of $114.73M and trading at $0.001196, VTHO serves as the fuel that powers the entire VeChainThor ecosystem, enabling enterprise-level blockchain applications while maintaining predictable operational costs for businesses.

VeThor operates on a dual-token economic model within the VeChainThor blockchain. The technical architecture of VTHO is built on a proof-of-authority (PoA) consensus mechanism, which offers high throughput, low transaction costs, and energy efficiency. VTHO functions as the energy or 'gas' token that powers transactions on the VeChainThor network. It's automatically generated and distributed to VET token holders at a predetermined rate. This two-token system helps maintain stable transaction costs for enterprise users. The technical design includes: - Thor Protocol: The core blockchain protocol that manages transaction processing - Meta-transaction features: Allowing fee delegation and multi-party payment capabilities - Built-in governance mechanisms: For network parameter adjustments - Smart contract platform: Supporting Solidity-based applications This architecture enables VTHO to serve as the cost-bearing token that fuels all blockchain operations while maintaining predictable network usage costs for businesses.

VeThor has a promising future as part of the VeChain ecosystem, where it serves as the energy or 'gas' token. The roadmap for VTHO focuses on enhancing utility within the VeChain Thor blockchain, supporting smart contracts and dApp operations. By 2026, VeThor aims to improve transaction efficiency and reduce costs. The development team plans to implement protocol upgrades that will optimize gas consumption and potentially increase token value through greater adoption. For 2027-2030, the roadmap includes expanding enterprise partnerships, particularly in supply chain management and sustainability tracking. These initiatives could drive increased demand for VTHO as transaction fuel. The long-term vision includes potential governance mechanisms allowing token holders to participate in ecosystem decisions. With VeChain's growing adoption in real-world business applications, VeThor could see increased utility and demand, potentially affecting its market position currently at #375 with a market cap of $114.73M. The token's value proposition remains tied to network activity - as VeChain transactions increase, so does the consumption of VTHO.