Vanary (or @Vanarchain Vanar Chain, ticker VANRY) is a Layer-1 blockchain that has undergone a significant transformation. Originally known as Virtua (TVK), a project focused on the metaverse and NFTs, it rebranded to Vanar Chain to position itself as a high-performance, AI-native infrastructure for the next generation of Web3 applications.
As of February 2026, here is the status and utility of the Vanary ecosystem:
Current Market Performance (Feb 2026)
Following the broader crypto market correction (led by Bitcoin), VANRY has seen significant volatility.
* Price: Currently trading around $0.0061 – $0.0064.
* Market Cap: Approximately $13.6 Million, ranking it around #1000 in the global market.
* Supply: It has a circulating supply of roughly 2.15 Billion tokens out of a maximum supply of 2.4 Billion.
Core Utility: What does the token do?
The $VANRY token is the "gas" or fuel for the Vanar Chain. Its primary functions include:
* Transaction Fees: Used to pay for all on-chain activity.
* AI Subscriptions: In early 2026, Vanar moved to a subscription model where developers use $VANRY to access core AI tools.
* Staking & Security: Holders can stake tokens to help secure the network and earn rewards.
* Governance 2.0: A recent update allows holders to vote on AI model parameters and smart contract cost calibrations.
Key Developments in 2026
* AI-Native Infrastructure: Unlike chains that "add" AI later, Vanar launched its Kayon AI engine and Neutron Semantic Memory layers, specifically designed to handle AI training and inference on-chain.
* NVIDIA Collaboration: The project utilizes NVIDIA Inception resources, including CUDA-X, to power high-fidelity metaverses and complex AI computations.
* PayFi & Real-World Adoption: Vanar has partnered with payment giants like Worldpay to enable "Agentic Payments," where AI agents can autonomously settle fees for things like EV charging or logistics.
> Note: While the project has strong technical foundations and partnerships, the token price is currently near its historical lows following the February market crash. Many analysts view this as a "capitulation" phase where the project must prove its utility matches its ambitious AI vision.
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