VVV Token Surges to New ATH as Venice Burns a Record $391K Worth of Tokens

By Michael Adeleke

Key highlights:

  • VVV hit a new all-time high of $29
  • This comes after a discretionary burn worth $391,000 at execution
  • The rally also followed the addition of new GPT Image 2.5 models to the Venice platform

Venice’s native token VVV set a new all-time high on Wednesday, climbing past $29. The coin is currently up over 45% in the day and 75% in the past week. The latest all-time highs came after Venice confirmed it had completed the largest token burn in its history.

 

Venice completes its largest burn to date

Venice said it carried out a discretionary burn valued at about $391,000 at the time of execution, calling it the biggest burn the project has done so far. The burn was confirmed through an on-chain transaction and logged on the project’s public burn tracker.

The team did not disclose the exact number of tokens burned in this round. The project had shared that it would choose the size and timing of each burn depending on various factors instead of following a fixed schedule.

The Venice burn tracker has two types of burns. Programmatic burns remove purchased tokens immediately, while discretionary burns are done monthly, funded by a portion of the project’s revenue, which is used to buy tokens and send them to a burn address. 

The dashboard also shows that unclaimed airdrop tokens were burned back in March 2025, and that revenue-funded buybacks began in December 2025. The burn comes not long after the Venice Founder said loyal users could get free VVV tokens.

Supply is shrinking from the issuance side as well. The project said annual token emissions were cut to 2.5 million a year starting September 1. A further reduction to 2 million has also been scheduled for October 1. Burns reduce the supply, and lower emissions help slow the pace of new tokens entering circulation.

New AI models add to the momentum

Not long after the burn announcement, Venice said that GPT Image 2.5 Flare and Sunburst were now live on its platform. 

This works well with the company’s plan of offering private access to AI tools compared to other closed platforms that store prompts and apply their own content rules.

Adding this new image model would not affect the token’s supply. However, it can determine how traders approach demand if more usage flows through paid plans, credits, or the project’s staking and minting system. 

VVV is not required for the use of the platform, but its design links demand to staking, yield, and burns funded by subscriptions and credits.

Analysts share thoughts on the rally

A couple of analysts weighed in on the bullish run. Crypto analyst Nebraskangooner described the chart as “strongly bullish until proven otherwise.” He also set resistance price targets above $27 and $35.

However, not everyone is convinced that the rally still has room to run without a pause.  Crypto Patel suggested that some investors may want to consider taking profits, suggesting its rally could be fading out.

Source:: VVV Token Surges to New ATH as Venice Burns a Record $391K Worth of Tokens

Updated: September 9, 2026 at 3:07 pm
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