800,000 Transfers of VOT3 and Over 1,500,000 Transfers of B3TR Cement Ecosystem Growth

VeChain’s ecosystem growth is driven by over 800,000 VOT3 and 1.5 million B3TR transfers, showcasing robust activity.
New partnerships and on-chain innovations highlight VeChain’s expanding influence in digital trust and sustainability.

VeChain had a strong August, making strides in tokenization, sustainability, and IoT. As previously highlighted by CNF, VeChain has been featured in a Blockchain 2030 report for its role in blockchain-based solutions for supply chain management.

A recent tweet by CryptoBusy revealed key achievements, including the activation of on-chain sustainability proofs via VeBetterDAO, leading to over 2 million transactions. VeChain’s ecosystem continues to grow with new dApp templates and tools, attracting significant developer interest.

#VeChain WINS for the month of August! 🔥

There’s a reason why @vechainofficial stays on top of the #RWA and #IoT trend, focusing on tokenization, sustainability, and internet of things!!

August Recap:

🔸 New Update on #VeBetterDAO – OnChain sustainability proofs for dApps has… pic.twitter.com/RkwKo5oXFr

— CryptoBusy (@CryptoBusy) September 3, 2024

VeChain also secured key partnerships, including with the Crypto Carbon Rating Institute, and completed a smart contract audit by HackenClub. Its tokens, VET and VTHO, are now available to New York Coinbase users, and the VeChainThor DAO reported over 1 million transactions daily.

The project gained recognition in the “Blockchain 2030” article and secured a U.S. patent for “Blockchain as a Service.” With ongoing developments and increased adoption, VeChain is solidifying its position in the digital trust and sustainability space.

VeChain (VET) is trading at $0.02081, with a decrease of 4.75% in the past day and 8.83% in the past week. See the BTC price chart below.