Executive Summary
Velas (VLX) is an innovative blockchain platform combining Ethereum's security with Solana's speed, powered by AI-optimized Delegated Proof-of-Stake consensus enabling 75,000 transactions per second. As of November 2024, the VLX price hovers around $0.001 USD with a market cap of approximately $2.9 million. This comprehensive analysis explores Velas technology, development history, and price predictions for 2026-2030, helping cryptocurrency investors make informed decisions.
Key Takeaways:
- Velas utilizes hybrid EVM/eBPF architecture with full Ethereum smart contract compatibility
- Transaction finality achieved in just 1.2 seconds with minimal fees
- 2026 VLX price predictions range between $0.002-$0.003 USD
- 2030 projections suggest potential growth to $0.008-$0.012 USD
- MEXC offers secure trading with 100% reserve fund backing
What is Velas (VLX)? Deep Dive into Technology
Core Technical Architecture
Velas represents a groundbreaking Solana L1 fork with full EVM blockchain capabilities, seamlessly bridging EVM familiarity with exceptional performance. This unique dual-chain architecture enables Ethereum projects to migrate smart contracts with a single click without costly code rewrites, while leveraging Solana-level processing speeds.
From a blockchain technology perspective, Velas employs neural networks optimized by artificial intuition to enhance its consensus algorithm, addressing critical challenges including centralization, 51% attacks, nothing-at-stake problems, scalability, security, and high initial costs. The AIDPoS (Artificial Intuition Delegated Proof-of-Stake) mechanism not only improves network efficiency but significantly reduces energy consumption, achieving carbon-neutral operations.
Native VLX Token Utility
The VLX token plays a central role in the Velas ecosystem, facilitating staking rewards, transaction fee payments, and decentralized governance voting. With approximately 2.8 billion tokens in total supply, all currently circulating, holders can earn network rewards through staking. Becoming a validator requires at least 1 million VLX, while delegators need only 1 VLX to participate.
Unlike Bitcoin's Proof-of-Work mechanism, Velas PoS approach proves more environmentally friendly and efficient. Compared to traditional blockchain projects, its TPS (transactions per second) performance stands particularly impressive.
Velas Development Timeline: From Launch to Ecosystem Expansion
Project Origins and Team Background
Velas was founded in 2019 by Alex Alexandrov, who also established CoinPayments, the world's first cryptocurrency payment gateway. Headquartered in Zug, Switzerland (Crypto Valley), the project launched its mainnet in January 2020. Alexandrov has consulted with the FBI, Europol, and multiple national governments on blockchain and AI technology implementation, providing solid foundations for Velas innovation.
Critical Milestone Events
The 2020 introduction of EVM-compatible mainnet marked a pivotal turning point for Velas, enabling seamless migration of Ethereum DApps and DeFi protocols. The project ecosystem gradually expanded to encompass decentralized exchanges (such as WagyuSwap), NFT marketplaces (Velas Punks, Velas Dogs), and cross-chain bridging services.
In November 2024, Velas announced the launch of version 2.0, aiming to redefine and solve major challenges facing today's crypto industry. This upgrade further solidified its position as the fastest L1 EVM blockchain.
Velas (VLX) Price Prediction: 2026-2030 Outlook
Current Market Performance Analysis
According to CoinMarketCap data, the current VLX price stands at approximately $0.001054 USD with 24-hour trading volume of $1,429.56 USD, ranked #1615 by market capitalization. Despite declining over 99% from its all-time high of $0.572 (November 2021), recent price action demonstrates relative stability.
2026 Price Forecast
Multiple analytical platforms maintain cautiously optimistic views on 2026 VLX price projections:
- CoinCodex predicts a range of $0.002093-$0.002287 USD, representing 9.56% growth if reaching the upper target
- Bitget forecasts $0.001790 USD based on 5% annual growth rate
- Aggressive predictions suggest potential breakthrough above $0.003 USD
Price growth drivers include: continuous blockchain technology innovation, EVM compatibility attracting more developers, and overall cryptocurrency market recovery.
2030 Long-Term Projections
Looking toward 2030, VLX price predictions show greater divergence:
- CoinCodex conservatively estimates a range of $0.002317-$0.002702 USD, representing 29.43% growth at the upper limit
- Bitget projects $0.002176 USD based on 5% compound annual growth rate
- Optimistic forecasts suggest prices could climb to $0.008-$0.012 USD as blockchain technology gains widespread adoption
It's crucial to recognize that cryptocurrency price predictions remain highly challenging, influenced by market sentiment, regulatory policies, technological developments, and multiple other factors. Investors should maintain rationality and avoid blind speculation.
Why Trade Velas (VLX) on MEXC?
Leading Global Trading Platform
While VLX has not yet launched on MEXC, MEXC Exchange stands as the preferred platform for cryptocurrency traders due to exceptional advantages:
Most Comprehensive Trading Pairs: MEXC offers the world's most extensive trading pair selection, supporting 1,800+ cryptocurrencies to meet investors' diversification needs. Whether mainstream coins like Bitcoin or emerging project tokens, trading opportunities abound on MEXC.
Industry-Leading Liquidity: Deep order books ensure rapid execution of large trades with reduced slippage. This proves particularly important when trading assets with volatile crypto prices.
Fastest Listing Speed: MEXC responds rapidly to market trends, with new project tokens often listing first, allowing users to seize opportunities. As the Velas ecosystem develops, VLX listing on MEXC remains highly anticipated.
Security and Transparency Guarantees
The MEXC Proof of Reserves system provides robust protection for user assets. The platform maintains a 100% reserve ratio, with users able to verify at any time. This transparency sets industry standards among cryptocurrency exchanges, giving investors greater confidence when trading Velas (VLX) and other assets.
Zero Fee Benefits
MEXC offers zero-fee policies for multiple trading pairs, significantly reducing trading costs. For frequent traders, this means allocating more capital to crypto investments rather than paying high fees.
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Conclusion: Velas (VLX) Investment Value Assessment
Velas (VLX) as an innovative blockchain platform combining Ethereum and Solana advantages possesses unique technical competitive advantages. Its ultra-high TPS, low fees, and EVM compatibility provide an ideal environment for DApp developers. However, current low market cap ranking and trading volume reflect limited market awareness requiring improvement.
From a price prediction perspective, VLX may achieve moderate growth during 2026-2030, but breaking through historical highs still requires significant ecosystem expansion and improved market sentiment. Investors should recognize the high-risk nature of cryptocurrency markets and allocate reasonably based on individual risk tolerance.
We anticipate Velas listing on MEXC in the future, when users can participate in VLX trading through this secure, reliable, low-fee platform, capturing investment opportunities from crypto price volatility.
Frequently Asked Questions (FAQs)
What differentiates Velas from Solana?
Velas is a Solana L1 fork that retains high-performance advantages while adding full EVM compatibility, allowing one-click Ethereum project migration—a feature Solana's native chain lacks.
Where can I purchase VLX tokens?
VLX currently trades on multiple centralized and decentralized exchanges, including Bittrex and HitBTC. Though not yet listed on MEXC, given MEXC's rapid listing strategy and comprehensive coverage, future listing remains highly probable.
How does Velas achieve carbon neutrality?
Velas employs a green PoS consensus mechanism with far lower energy consumption than Proof-of-Work chains. Additionally, the project commits to offsetting remaining emissions through carbon credits, achieving 100% carbon-neutral operations.
What are the main risks of investing in VLX?
Primary risks include: low market awareness causing insufficient liquidity, severe price volatility, intense competition (requiring competition with Ethereum L2 and other high-performance chains), and cyclical cryptocurrency market fluctuations.
How can I participate in Velas staking?
Users can stake through the official Velas wallet. Becoming a validator requires at least 1 million VLX, while delegated staking needs only 1 VLX to earn network rewards. Annual yield approximates 8%.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Cryptocurrency markets exhibit high volatility and uncertainty. Price predictions based on historical data and technical analysis may significantly deviate from actual performance. Investors should fully understand risks, conduct independent research, and make prudent decisions based on personal financial circumstances. Past performance does not guarantee future returns. Please consult professional financial advisors before investing. MEXC and the article authors bear no responsibility for any investment losses.
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