State of @vechainofficial Q4:Key Insight: VeChain advanced its network evolution in Q4 with the activation of the Hayabusa upgrade

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3 hours ago

State of @vechainofficial Q4:

Key Insight: VeChain advanced its network evolution in Q4 with the activation of the Hayabusa upgrade, transitioning VeChainThor from Proof of Authority (PoA) to Delegated Proof of Stake (DPoS). The network also introduced StarGate 2.0’s staking NFT framework, strengthening validator participation, economic security, and ecosystem governance through VeBetter.

QoQ Metrics 📊

• Total known addresses ⬆️ 9.4% QoQ to 14.4M

• Total deployed smart contracts ⬆️ 11.2% QoQ to 925k

• DeFi ecosystem TVL ⬆️ 124.9% YoY to $2.1M


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