Venice, a privacy-focused AI platform founded by Erik Voorhees, has launched its VVV token on the Solana blockchain through Sunrise, enabling Solana users to trade VVV directly without bridging. The token originally launched on Base in January 2025 and now has about 48.5 million of its 100 million total supply in circulation. Venice also cut its annual token emissions from 2.5 million to 2 million and introduced buy-and-burn mechanisms to reduce supply. The company reported a $100 million annual revenue run rate as of August 2026 and recently raised $65 million at a $1 billion valuation. This expansion improves accessibility for traders and supports token value through reduced emissions and buybacks.
The Venice VVV token launch on Solana provides context for cryptocurrency market activity on Pluang as of Oct 06, 2026 22:02 WIB: out of 50 major cryptocurrencies, 29 rose and 19 fell. Among notable movers, THETA rose 2.27% to Rp4.197 with a typical hold time of 77 days but saw 100% sell orders. In contrast, SNX increased 2.20% to Rp4.591 with 99% buy orders, while CAKE declined 2.26% to Rp43.501, showing a more balanced order activity of 55% sell and 45% buy.
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