The IOTA Rebased upgrade scheduled for May 5, 2025, marks a crucial step for the network transitioning from the Stardust architecture to a new platform.
IOTA Rebased Network Upgrade
The IOTA Rebased upgrade, set to occur on May 5, 2025, represents a historical shift as the network migrates to a new architecture. This upgrade is expected to enhance the network's decentralization, adding up to 150 validators, as well as ensure scalability of over 50,000 transactions per second and instant finality.
Partnership with Zodia Custody
In anticipation of this significant milestone, IOTA has announced a partnership and technology integration with Zodia Custody, a provider of digital asset custody services. This partnership will enable institutional investors, including large funds, to leverage Zodia Custody to buy, hold, and manage IOTA tokens. The integration will go live with the IOTA Rebased mainnet upgrade.
IOTA Price Analysis
At the time of writing, IOTA was down 1.27% in the last 24 hours to $0.206. Since mid-April, IOTA has embarked on a quiet rally, reaching highs of $0.242 before entering consolidation. At one point, IOTA rallied for eight consecutive days from April 21 to April 28, building on a rebound that began from lows of $0.1307 on April 7.
The IOTA Rebased upgrade and partnership with Zodia Custody highlight the project's ambition to expand its network and attract institutional investors. The forthcoming changes may impact the price dynamics of IOTA and increase interest in the token.
