IOTA is on the verge of a significant transformation as it prepares for the much-anticipated IOTA Rebased network upgrade. Set to go live within the next 24 hours on May 5, 2025, this upgrade is a milestone for the network, marking a historic shift from the current Stardust architecture to a more advanced and scalable IOTA network. This development will open the door to a new era for IOTA, bringing with it a host of exciting features that will likely change the dynamics of the network and its market position.
The upcoming IOTA Rebased upgrade is poised to bring about a number of key enhancements to the network. Most notably, it will allow for a much more decentralized network, with up to 150 validators joining the ecosystem. The addition of more validators is expected to increase IOTA’s security and make the network more resilient to centralization pressures, which have been a concern for many blockchain projects.
One of the biggest promises of the IOTA upgrade is scalability. The new network architecture is expected to support an impressive 50,000 transactions per second (TPS), with subsecond finality, meaning that transactions will be confirmed almost instantaneously. These features could position IOTA as one of the most scalable blockchains, capable of handling large-scale applications and a growing number of users.
Moreover, the upgrade will introduce IOTA staking rewards, enabling token holders to participate in the network’s security and governance while earning rewards. This could make IOTA more attractive to investors and encourage a more active community.
The upgrade will also be accompanied by a Genesis Ceremony, in which the IOTA Foundation, alongside 12 trusted validators, will initiate the migration to the new network. During this ceremony, the IOTA network will temporarily shut down to facilitate the transition to the new chain. This moment will symbolize the beginning of the IOTA Rebased network and its ambitious goals for the future.
In anticipation of the Rebased upgrade, IOTA has secured a crucial partnership with Zodia Custody, a leading custodial service provider for digital assets. This integration is a significant step in bringing IOTA into the institutional market. Zodia Custody will provide a platform for institutional investors, including large funds, to securely buy, hold, and manage IOTA tokens. This partnership opens up a gateway for IOTA to attract institutional capital, which has historically been a challenge for smaller blockchain projects.
The collaboration with Zodia Custody will go live alongside the Rebased mainnet upgrade, further solidifying IOTA’s position as a serious player in the blockchain space. The involvement of institutional investors could help bolster IOTA’s market liquidity, drive up demand, and provide increased stability to its price.
Despite the excitement surrounding the upcoming upgrade, IOTA’s price action has been relatively quiet recently. As of the latest update, IOTA was down 1.27% in the last 24 hours, trading at around $0.206. After an impressive rally from mid-April, where IOTA surged from a low of $0.1307 on April 7 to a high of $0.242 by April 28, the token has entered a phase of consolidation. Currently, IOTA is trading between its 50-day and 200-day simple moving averages (SMA) at $0.18 and $0.2304, respectively.
The current price consolidation is likely to continue until a decisive move is made, with a break above or below these levels likely determining the next direction for IOTA’s price. If the momentum from the mid-April rally resumes, the price could push higher, possibly testing new resistance levels. However, if the market sentiment turns negative, a pullback could be on the horizon, with IOTA potentially revisiting lower support levels.
The next 24 hours will be crucial for IOTA. The introduction of the Rebased network and the institutional integration with Zodia Custody have the potential to significantly reshape IOTA’s future. While the market is in a consolidation phase, the upcoming upgrade and partnerships could serve as a catalyst for price action, leading to new highs or potentially paving the way for a more substantial market presence.
As IOTA continues to evolve, it will be essential for the project to maintain momentum and capitalize on the opportunities presented by these developments. Investors and community members alike are eagerly awaiting what could be a turning point for the project as it enters this new phase of growth and expansion.
Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.
Get the latest Crypto & Blockchain News in your inbox.
Join Now