VeChain Network Hits Milestone as Ecosystem Continues Impressive Development

Enterprise-grade Layer-1 blockchain network VeChain (VET) saw significant developments and adoption in April, focusing on real-world assets (RWA) and sustainability narratives. The project attracted over 3 million VeChain has blossomed into a vibrant ecosystem for smart contracts and web3 projects. With over 3.5 million active addresses and 24,000 smart contracts deployed, the network is experiencing unprecedented growth.

VeChain's Staggering Development Activity: Up 520%!

VeChain has attained strong milestones with a staggering 520% development activity growth. As a result, it has VeChain’s ecosystem is expanding rapidly with increased adoption, strategic partnerships, and enhanced security, positioning it as a big player in the blockchain space. This impressive growth underscores the network's commitment to innovation and real-world solutions.

New Staking Model and VTHO Distribution

It introduces a new staking model that changes how VTHO, a token in VeChain’s ecosystem, is distributed to VET holders and validators. This updated mechanism aims to further incentivize participation and enhance the stability of the network, ensuring a more sustainable and robust ecosystem for all users.

VeChain's Vision for 2025

By 2025, VeChain will further consolidate its leading position in the enterprise blockchain field through technological upgrades, ecological expansion, and strategic cooperation. The network is dedicated to becoming the premier platform for businesses seeking blockchain solutions that drive efficiency, transparency, and sustainability.

VeChain's future looks brighter than ever as it continues to build momentum and deliver groundbreaking solutions for a wide range of industries.