Since its inception, VANRY has been a roller coaster ride: in November 2023, heavy news kept coming (token replacement, climbing the AI trend, partnerships with major companies), igniting market sentiment and causing the price to surge. Statistics show that on the day the news about joining the Nvidia program was released, VANRY skyrocketed past $0.3, with a daily increase of over 14% and a weekly increase of up to 52%. Coupled with various KOLs promoting the 'new story of AI public chain', the price briefly rose four to five times. However, as the saying goes, 'the more it rises, the harder it falls'; friends who bought in during the early surge likely experienced a descent from heaven to hell. As the market calmed and the overall trend turned bearish, VANRY gradually retraced its gains from 2024 to 2025, hitting a historical low of ¥0.044 (about 0.6 cents) in October 2025, which is more than a halving compared to its initial high point, nearly returning to a state of obscurity (down over 99% compared to the peak of TVK back in the day). Currently, at the beginning of 2026, VANRY hovers around ¥0.055, which is less than 1 cent. As such, early believers have mostly transformed into long-term holders, while many newcomers are just looking for airdrops and events as short-term traders. In terms of trading, VANRY is mainly active on exchanges like Gate and Bitget; although Binance hasn't directly listed it for spot trading, in 2024, they launched a special VANRY financial product with an annualized yield of 8.9%, plus a total of 78,000 VANRY tokens as airdrop incentives. Even Binance's financial products are promoting it, which shows that the platform was trying to leverage the trend to attract attention. However, it is worth noting that American exchanges like Coinbase are cautious about Vanar and have even explicitly stated that they will not help users automatically convert TVK to VANRY—this indicates that in the mainstream compliant market, VANRY still has a bit of an 'awkward identity'. This dichotomy in market conditions also reflects the project's inherent contradictions: on one hand, there are concepts and stories that can generate short-term hype; on the other hand, the realization and user scale do not currently match the valuation, leading to a return to rationality or even overshooting after the heat fades.
Discussing any cryptocurrency inevitably involves the influence of the overall environment. Over the past two years, the Federal Reserve shifted from aggressively printing money to raising interest rates, tightening global liquidity, which has dealt a direct blow to emerging small coins like VANRY—without the flood of liquidity, market risk appetite has plummeted, favoring major assets like Bitcoin and Ethereum while sidelining speculative altcoins. This partly explains why Vanar's popularity sharply declined in 2024-2025: it’s not that the story isn’t compelling, but rather that the tide has receded, leaving those who were exposed on the beach awkward. Moreover, the tightening of regulations in various countries is a double-edged sword. On one hand, the U.S. SEC is closely watching crypto projects, with various lawsuits and reviews since last year causing many institutions to steer clear of unvetted new projects; Europe has also introduced MiCA regulations to strengthen the supervision of crypto assets. For a transitioning public chain project like Vanar, attracting partnerships from traditional industries requires proving its compliance and reliability. Fortunately, the team seems to have prepared in advance: they established a dedicated Vanar Foundation as the project entity to ensure governance transparency and reduce policy risks; at the consensus level, they introduced real-name verification for nodes and an open port verification mechanism to prevent misconduct by anonymous nodes from the ground up. This 'suit-wearing blockchain' style precisely aligns with future compliance trends. Some argue that Vanar's unique legal entity structure can effectively address regulatory challenges, allowing enterprises to confidently deploy applications; as global compliance becomes the trend, Vanar's first-mover advantage is expected to translate into network effects. In other words, while others are still worried about compliance issues, it has already laid down the fireproof mat. Of course, whether the winds of regulation can truly blow in their favor depends on policy implementation. If one day the U.S. or major powers openly support on-chain AI applications, public chains like Vanar will undoubtedly find it easier to ride the wave. Conversely, if the regulatory environment remains unclear or even suppresses innovation, then Vanar will also struggle to stand out and may only continue to explore cautiously in friendly regions and vertical circles.
Vanar's play of 'Switching to AI Public Chain'—can it really turn the tables? As an old player in the crypto space, my view is cautiously optimistic but not blindly enthusiastic. The optimism lies in the Vanar team's vision and execution, which are indeed exceptional: they dare to pivot multiple times to seize opportunities, from NFTs to AI, each time hitting the trends accurately and acting swiftly; their ability to form partnerships is also strong, attracting big names like NVIDIA and Google to endorse them, reflecting the team’s extensive cross-industry connections and persuasive power. Technically, they are willing to tackle hard challenges, developing their own on-chain storage and AI modules while continuously optimizing their consensus mechanism; these efforts indicate that the project is not just a gimmick but is genuinely aimed at creating something meaningful. What’s even more commendable is that it has chosen a path focused on practical applications, addressing the needs of enterprises and mainstream users (environmental sustainability, usability, compliance). This aspect stands out in the competitive landscape of public chains, betting on long-term value rather than immediate gains. @Vanarchain #Vanar $VANRY