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- 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.