IOTA coin, famous for its
Layer 1 Upgrade promising over
50K+ TPS and complete
decentralization, has been making some positive strides. It has recorded a
370% rise to a yearly high and garnered a
40% surge in market performance within 24 hours. The token is predicted to have
50% value growth, but there are anticipations that a correction may follow this recent run. The
European Commission has selected
IOTA Web3 ID for its blockchain sandbox, pushing the coin's adoption. IOTA has also completed the
EU blockchain pre-commercial phase. Layer 1 token has gone through significant improvements, with IOTA being a specific highlight. A new coin named
'IOTA 2.0' was launched to remove Proof of Work (PoW) and introduce Proof of Stake (PoS). Experts predict the possibility of the IOTA price surging to
$1 ahead of the Rebased upgrade. Despite a risk warning from Binance and an overall struggling crypto market, IOTA continues to shine. The coin saw adoption increase following its network upgrade for real-world applicability purposes and became Sharia compliant. It has also gained attention due to Binary Delisting, with a 43% jump after registering an
Ecosystem Foundation in Abu Dhabi. While significant growth is expected, experts also raise major security concerns.
IOTA Coin News Analytics from Tue, 13 Jun 2017 15:07:54 GMT to Wed, 15 Jan 2025 08:19:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
