Is VANRY’s “AI public chain” narrative genuine innovation — or just a new label?
I’ve been watching Vanar closely over the past couple of days. At around $0.006, $VANRY isn’t exactly trending, but it’s not abandoned either. Circulating supply is roughly 2.29B out of a 2.4B max, market cap is just over $10M, and daily volume sits around $1M. That tells me there’s activity — but not mania.
The real focus isn’t price; it’s the recently promoted “AI Native five-layer stack.” On paper, the architecture sounds ambitious: base chain + Neutron (data compression/structuring) + Kayon (inference layer). The website even claims Neutron can compress 25MB into 50KB — which is bold, to say the least. At least they’re putting specific numbers out there.
But I’m not buying into the “AI + public chain” tagline alone. And I’m not assuming that a small market cap automatically means 100x upside. The real question is simple: are these layers actually being used by real dApps and real businesses?
Vanar has previously positioned itself around PayFi and RWA use cases and announced a payment partnership with Worldpay back in 2025. But announcements are one thing — on-chain activity is another. If cooperation headlines don’t translate into measurable transactions, that’s the line where conviction weakens.
For now, I’m tracking three checkpoints:
Do Neutron and Kayon have repeatable, working product demos — not just slide decks?
Is real on-chain usage growing?
With supply almost fully circulating (2.29B/2.4B), if the narrative fails to convert into traction, liquidity could exit fast.
I’m neither shilling nor attacking it. Vanar feels like one of those projects that tells a compelling story — but the next three months will decide everything. If delivery lags, the market will go quiet. If the AI stack becomes something developers actually adopt, then its small market cap could turn from a risk into a powerful asymmetry.
