Vaporeon in depth
A shower with a steam name
The Japanese is シャワーズ, “Showers”, with no wordplay beyond the obvious: showers. English and Spanish both use Vaporeon, from vapor plus the -eon suffix shared by the whole family and derived from Eevee's name. French takes a different route from both and calls it Aquali, based on the Latin aqua.
The design blends aquatic animals without committing to any one of them. It has the outline of a four-legged mammal, but flippers, gills, a membranous crest on its head and a split caudal fin have been added, with the tail being the only clearly fish-like part. That tail is what gives rise to the mermaid idea, which is not a fan reading but official text: the Pokédex says that some people mistake it for one.
What changed under the hood
In Generation I, Abilities did not exist and Special was a single stat. That Vaporeon therefore defended with 110 instead of 95: it was tougher against special attacks than it is today, and lost that advantage when Generation II split Special into two stats. Water Absorb arrived with Abilities, and Hydration much later as its Hidden Ability.
Hydration cures status conditions while it is raining, and its obvious reading is Rain Dance plus Rest: it sleeps for one turn, restores all its HP and wakes up instantly because of the rain. The cost is giving up Water Absorb, which is almost always the better of the two, and relying on weather that the opponent can change.
Its modern movepool has shifted too. In Scarlet and Violet it learns Aqua Tail and Flip Turn, two physical Water-type attacks that are not much use with 65 Attack, and Tera Blast, which arrived with Generation IX and can change its offensive typing. It still has Acid Armor at level 45, which sharply raises its Defense and, on a base 60 stat, is the only way to patch up its weak side, and Last Resort at 55, a 140-power move that its Attack wastes.
Compared with Pokémon that do the same thing
As a special Water-type wall, it competes with Milotic, which has better Defense and Recover, and with Lanturn, whose Water/Electric typing removes one of the two weaknesses and adds useful immunities. Against them, Vaporeon's advantage is its 130 HP and an Ability that turns an entire type of attack into healing: nobody in that group handles a trade against Water quite as well.
Within the family, the contrast is with Jolteon, which got the opposite spread—low HP, high Speed—and with Flareon, which ended up with 130 Attack and a physical movepool that for generations lacked anything decent of the Fire type. Vaporeon suffered the least from that lottery: its best offensive stat and its best attacking type have matched since 1996.