VELVET Rises Amid Crypto Winter, Surging 378% Year-to-Date
VELVET has emerged as an unlikely star in the cryptocurrency world, despite the struggles of more prominent assets like Bitcoin and Dogecoin.
In 2026, VELVET's price skyrocketed by a staggering 378% year-to-date, while Bitcoin fell 27.28%, Ethereum dropped 36.47%, and Dogecoin slid 44.41%.
The AI-powered decentralized finance operating system's surge can be attributed to the introduction of synthetic pre-IPO products on its platform, allowing users to trade tokenized, leveraged exposure directly from VELVET's on-chain terminal.
As Space Exploration Technologies Corp.'s public listing approached, VELVET saw an explosive 1,400% increase in a single week, driven by intense trader interest in the SpaceX and AI pre-IPO markets, according to CoinMarketCap.