HomeIOTAIOTA 2.0 Is Coming – High-Speed Transactions, Digital ID, and Binance Growth

IOTA 2.0 Is Coming – High-Speed Transactions, Digital ID, and Binance Growth

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  • IOTA 2.0 introduces a high-speed network with over 50,000 transactions per second and near-instant finality.
  • Binance will list the IOTA/USDC trading pair, enhancing liquidity and adoption.

The upcoming IOTA 2.0 update is poised to be one of the most significant advancements in the cryptocurrency space. The mainnet launch, expected this March, will bring a high-performance network capable of handling over 50,000 transactions per second with finality in under a second.

Additionally, the integration of MoveVM and Ethereum Virtual Machine (EVM) will enhance its smart contract capabilities. IOTA’s advancements extend beyond transaction speed.

The network is playing a crucial role in the development of Digital Product Passports, backed by the European Defence Agency. These passports will provide a tamper-proof way to track product authenticity and ensure supply chain transparency.

Another notable development is Binance’s decision to list the IOTA/USDC trading pair on March 20, 2025. This move will increase IOTA’s global liquidity, making it more accessible to traders and investors.

With the listing, IOTA is expected to attract greater attention, further strengthening its position in the market.

IOTA’s Decentralized Identity Framework Sets New Standards

IOTA isn’t focusing on blockchain transactions alone; it is also leading the way in decentralized digital identification solutions. IOTA Identity, which has been newly released, introduces a system that eliminates the middlemen who are involved in the verification of identities.

This solution grants self-determination with regard to personal and corporate data, lessening the threats that come with data breaches and identity theft.

As we reported, unlike centralized identification systems, which are vulnerable to manipulation and hacks, IOTA Identity puts the user fully in control of their online identities.

The system complies with international Web3 Consortium (W3C) standards and accommodates Decentralized Identifiers (DIDs), as well as Verifiable Credentials.

This allows individuals, organizations, and even artificial intelligence systems to self-verify without the necessity for third parties.

The reach of IOTA Identity crosses many sectors. In finance, it has the ability to simplify Know Your Customer (KYC) operations and electronic signatures, making it easier to prevent fraud.

Moreover, in the Internet of Things (IoT), IOTA Identity facilitates secure authentication of trusted devices, allowing smart devices to communicate safely without the need for centralized control.

IOTA’s emphasis on decentralization has been underscored in the recent past by its founder, Dominik Schiener, who raised concern about the growth of permissioned blockchains. In particular, he singled out Ethena Labs’ Converge and Ondo Chain, arguing that the two blockchains are contrary to the principles of decentralized finance.

These kinds of projects, according to Schiener, are more about control and regulation compliance and less about providing real financial autonomy.

His stance affirms IOTA’s dedication to maintaining a permissionless and decentralized system, as the original vision for blockchain technology intended.

IOTA Trading Volume Spikes 46.68% as Breakout Looms

Recent developments have given IOTA’s price a boost in momentum. The token has risen to $0.1921, an increase of 8.37% in the last 24 hours and an increase of 7.10% in the last week. Its trading volume has also risen by 46.68% to $29.98 million.

These figures show rising investor interest, which we attribute to the imminent mainnet launch and listing on Binance. Technically, the price chart of IOTA shows a potential breakout.

The token is forming a Falling Wedge pattern, a pattern that tends to be bullish in nature and signal a reversal. If the breakout succeeds, IOTA could see a strong upsurge in the upcoming weeks.

Experts expect that a successful breakout would push the price towards the significant resistance levels of $0.36, followed by $0.54 and, on a longer term, $0.72.

But if the price fails to hold above the $0.19 support, it could come under more pressure on the downside, possibly canceling the bullish scenario.

Market watchers are eagerly waiting for a volume confirmation and a firm close above $0.20, which would confirm the bullish case.

Traders are also encouraged to pay close attention to the $0.36 level, as it could be a consolidation point where the price stabilizes before making the next move.

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Mishal Ali
Mishal Ali
Mishal Ali is a passionate crypto journalist with over five years of experience in finance and cryptocurrency reporting. She has worked with renowned platforms like TronWeekly, delivering in-depth market insights and industry updates. She also runs personal blogs to explore these topics further. In her free time, Mishal loves watching movies and staying inspired through creative storytelling.
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