Activation functions play a critical role in deep neural networks by shaping gradient flow, optimization stability, and generalization. While ReLU remains widely used due to its simplicity, it suffers from gradient sparsity and dead-neuron issues and offers no adaptivity to input statistics. Smooth alternatives such as Swish and GELU improve gradient propagation but still apply a fixed transformation regardless of the activation distribution. In this paper, we propose VeLU, a Variance-enhanced Learning Unit that introduces variance-aware and distributionally aligned nonlinearity through a principled combination of ArcTan-ArcSin transformations, adaptive scaling, and Wasserstein-2 regularization (Optimal Transport). This design enables VeLU to modulate its response based on local activation variance, mitigate internal covariate shift at the activation level, and improve training stability without adding learnable parameters or architectural overhead. Extensive experiments across six deep neural networks show that VeLU outperforms ReLU, ReLU6, Swish, and GELU on 12 vision benchmarks. The implementation of VeLU is publicly available in GitHub.