VeThor (VTHO) Climbs Over 52% as Bybit Hints Listing

VeThor (VTHO), an ecosystem token on the VeChain blockchain, has surged massively in the last 24 hours, gaining as much as over 52%. The bullish trigger came after the leading crypto Bybit exchange concluded that the token would soon be listed on its platform.

📣 $VTHO is coming soon to the #BybitSpot trading platform with @vechainofficial!

Stay tuned for more!#BybitListing #TheCryptoArk pic.twitter.com/mrwSlPopXX

— Bybit Alpha (@BybitAlpha) April 14, 2025

This announcement fueled excitement in the VeChain community and led to a wave of buying pressure for VTHO. According to data from Coingecko, the token surged to a market price of $0.002874 at the time of writing.

Bybit to List VeThor

In a Monday tweet, the Bybit exchange revealed plans to list VeThor. However, the platform has yet to disclose the date. As one of the largest global crypto exchanges by trading volume, VTHO listing on the platform could offer greater accessibility and liquidity for the token. This could also attract new retail investors and institutions seeking exposure to utility-driven blockchain assets.

Driven by the visibility and credibility that would likely come with Bybit’s endorsement, VeThor’s trading volume rose to over $313 million, reflecting a notable 6,160.70% increase in the last 24 hours. The token’s market cap has currently exceeded $254 million. Moreover, VeThor’s market value has surged by 52.90% in the last 7 days, thus outperforming the global cryptocurrency market, which is up 6.00%.

Bybit’s decision to list VeThor came after the official announcement of its support for VET, the platform’s native token. To attract and reward early traders, the exchange revealed an ongoing VET giveaway. To participate, users must deposit and trade the token on the platform. This would allow them to win a share of a 27,000,000 VET prize pool.

It is worth mentioning that although Bybit disclosed support for VET, the token’s market price is experiencing a slight increase compared to VTHO. At press time, VET was $0.02325, representing a 1.1% surge over the last 24 hours.

While VTHO’s current price action has captured market participants’ attention, the rally’s sustainability remains uncertain. This is because the exchange has yet to reveal the specific listing date. Therefore, investors and enthusiasts are advised to remain cautious, conduct thorough research, and stay informed about the development within the ecosystem. 

About VeChainThor

VeChainThor is the blockchain developed by VeChain, a project founded in 2015. It’s known for working with real-world companies and building solutions that bridge the gap between blockchain tech and practical business needs. The blockchain has two tokens: VeThor and VeChain Token (VET). 

VET is the platform’s native token. It acts as a store of value and is used for staking, governance, and value transfer within the VeChain ecosystem. On the other hand, VTHO is a VIP-180 Standard token that denotes the cost of using the blockchain. 

As the primary utility token on the blockchain, VTHO essentially acts as the “gas fee” or the fuel required to facilitate transactions and smart contracts on the network. This token is automatically generated by holding VET, but it remains a separate, tradable asset that can be exchanged on exchanges like Binance.

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