Venice Token hits record high amid Venice AI growth

Venice Token (VVV) reached a record high of $34.51 on September 21, 2026, marking an increase of approximately 3,650% from its December 2025 low of $0.92. The token powers Venice AI, a privacy-focused generative AI platform founded by Erik Voorhees. As of late September, the token's market capitalization is estimated between $1.4 billion and $1.6 billion.

Venice AI utilizes a staking model where VVV holders gain proportional access to the platform's API inference capacity without per-request charges. Additionally, users can lock staked VVV to mint DIEM, a secondary token providing $1 of daily AI credits. The platform has seen significant growth, reporting between 3.5 million and 4 million registered users and processing massive daily token volumes.

In July 2026, Venice AI secured $65 million in Series A funding at a $1 billion valuation, with Dragonfly leading the round and Coinbase Ventures participating. The company has implemented aggressive supply management, including buyback and burn programs that have removed approximately 42% of the total 100 million token genesis supply. Annual token emissions are also projected to decline.