VeChain is an enterprise-focused blockchain ecosystem that aims to enhance supply chain management by connecting blockchain technology with the real world through 'a comprehensive governance structure, a robust economic model, and advanced IoT integration'. VeChain enables manufacturers to assign products with unique identifiers on the platform, thereby allowing participants to track the movement and provenance of products in a supply chain.
Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.$118,411,007
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.
1 ETH = 3500 VeChain
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