Over the next 18 months I see this as the calm before the storm with VeChain due to the use cases they have developed. When I first started out researching VeChain over 2 years ago was looking why the tokens VET and VTHO were not having a higher dollar valuation and this was down to adoption.
One has to understand the VeChain is a dual coin chain with VET and VTHO. VET generates VTHO which is the gas token and the work horse that pays for all the transactions that take place. Roughly 36 million is generated daily every day and this is what pays for every transaction that takes place.
To burn he 36 million VTHO generated daily one would actually need 30% more as 70% is burned and 30% goes to the node operators as rewards. This would the require around 53 million being spent on transactions daily to keep the VTHO supply number from growing.
This number of 77 billion VTHO tokens is seriously big and even if the daily transactions burned the daily supply of 36 million here is the equivalent of another 2149 days to catch up. With my calculations this will grow over the next 18 months and be some where around the 90 billion VTHO circulating supply mark when we hit January 2026.
Lets get back to the umber of accounts as this is important to understand the significance of this period and the next 18 months.
2018 73 321 accounts
2019 181 874
2020 419 069
2021 1 603 293
2022 1 963 245
2023 2 638 268
2024 3 474 619
2024 still has another 194 days remaining and already there have been 836 351 wallets/accounts added thus far. This number could easily be close to a growth of 2 million when we see the end of this year. By the time 2026 arrives this number should be in excess of 6 million or maybe even far higher around 10 million.
Those that follow my posts o VeChain know I stand by my 2026 time line for adoption for this project and maybe an upswing 3-6 months prior to January 2026. This date is all down to the CBAM regulations for the EU and every company having to comply with those regulations.
VeChain is not like any other crypto project and what is different is they have formed partnerships that are doing the marketing work directly with their customer base. They do not make huge announcements on social media and this is all done behind the scenes in the EU Parliament and the United Nations.
VeChain has helped the EU Regulators with the carbon emissions monitoring frame work as they have been recognized as the gold standard with what they have developed and created over the last few years. This is why AWS partnered up with VeChain a few years back because they are the blockchain that will be controlling carbon emissions. Most people think when a partnership is announced you will see instant movement, but this is years in the making and is still coming.
No other crypto has changed their set up like VeChain has with them moving their HQ to San Marino in order to be recognised as non Chinese and more European. The Chinese VeChain is now called NanoJClean yet they are still one and the same. This was done to become more accepted and no other reason and why they will benefit the rewards when the regulations kick off in January 2026.
All the other development they have done will just add to the total number of daily transactions which I see in the tens of millions. This will comfortably burn the daily VTHO supply and start to erode the 90 billion VTHO that would be the circulating supply.
Looking at the daily transactions nothing has changed and will not expected to change for some time and why I monitor this weekly. Maybe if we see the bull market towards the end of next year this price of VET and VTHO could go bonkers especially if we see the uptick in transactions as I expect we will. I still need to accumulate more and will do before June 2025 with a target in mind of 100K VET and 1 million VTHO.
Again this is not financial advice and you need to do you own research and this is down to my 30 month research and where I believe this project is heading.