- VeChain achieves 3 million unique wallets, signaling significant growth in adoption.
- VeChain teases upcoming developments on the VeChainThor blockchain ecosystem.
- Transition to VeWorld wallet from VeChainThor mobile wallet announced.
VeChainThor blockchain development has achieved a significant milestone as the blockchain paints ATH levels for activity on the chain. In detail, over 3,000,000 unique VET wallets have been created so far, marking a momentous occasion in the platform’s growth journey.
HUGE milestone completed.
3,000,000 unique $VET wallets created. 🎉
This rapid accumulation of fresh addresses seen a surge of 50% in a span of just 1 year and 1 month. #vechain #Vet #VeFam #Crypto #CryptoCommunity #NFT pic.twitter.com/kWvorc1vpy
— A P O L L O 🛡️ 𝕍 (@fookelon) March 19, 2024
This remarkable achievement reflects a remarkable surge of 50% within just one year and one month, underlining the increasing adoption and popularity of the VeChain ecosystem among users worldwide.
This dip is MUCH NEEDED.
I’d rather a cooldown & a chance to reload, opposed to:
Blasting straight to $100k, violently wicking back to $80k, retail getting rekt and never coming back again.
Bull markets need corrections to remain sustainable. The alternative is much worse.
— Miles Deutscher (@milesdeutscher) March 20, 2024
In conjunction with this milestone, VeChain teases exciting developments on the horizon for its ecosystem, leveraging the robust infrastructure of the VeChainThor blockchain.
The VeChain Foundation expresses its delight in witnessing the VeFam community’s expansion and celebrates the innovation flourishing on the network. With tools like VORJ, incentives from hackathons, and the VeBetterDAO, users are embracing the platform’s offerings and contributing to its evolution.
Amidst this thriving ecosystem, the VeChain Technology Centre announces a pivotal transition with the impending launch of VeWorld, a dynamic new wallet set to revolutionize the VeChain ecosystem.
With enhanced features surpassing those of the existing VeChainThor mobile wallet, including a dApp explorer, Coinbase fiat gateway, and an in-built NFT viewer, VeWorld signifies a significant advancement in user experience and functionality.
🚨 Update on VeChainThor Mobile Wallet deprecation – Taking Place 31st March, 2024 🚨
In December, we shared that the VeChainThor mobile wallet would become read-only, with VeWorld assuming its role as VeChain’s main official wallet.
Following the announcement, many of you…
— vechain (@vechainofficial) March 20, 2024
As part of this transition, the VeChainThor mobile wallet will enter storage-only mode from December 31st, 2024, paving the way for the community-wide migration to VeWorld. While ensuring the security of users’ assets, this move streamlines the user experience and aligns with VeChain’s commitment to continuous innovation and user-centric design.
To assist users through this transition, comprehensive migration guides are provided, offering step-by-step instructions for importing addresses to VeWorld via seed phrase, keystore file, or Ledger device. With these developments, VeChain reaffirms its position as a leading blockchain platform, poised for further growth, innovation, and mass adoption in the digital asset landscape.
