{"id":41306,"date":"2025-07-04T11:34:56","date_gmt":"2025-07-04T11:34:56","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/04\/iota-price-crashed-after-rebased-upgrade-will-it-rebound\/"},"modified":"2025-07-04T11:34:56","modified_gmt":"2025-07-04T11:34:56","slug":"iota-price-crashed-after-rebased-upgrade-will-it-rebound","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/04\/iota-price-crashed-after-rebased-upgrade-will-it-rebound\/","title":{"rendered":"IOTA price crashed after Rebased upgrade: will it rebound?"},"content":{"rendered":"
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IOTA price has remained in a tight range at a crucial support level in the past few days. It was trading at $0.1600 on Friday, a few points above the year-to-date low of $0.1400. It has plunged by over 40% from its highest level in March this year. <\/p>\n

Why IOTA price crashed after Rebased Upgrade<\/h2>\n

IOTA token has been in a strong downtrend in the past few weeks, mirroring the performance of most altcoins. This crypto crash explains why it has dropped in the past few months.<\/p>\n

The token has also plunged after the developers launched the Rebased upgrade<\/a>, which was touted as a game-changer for the network. <\/p>\n

Rebased changed the IOTA network significantly, aligning it with other popular chains like Ethereum, Solana, and Sui. It did that by introducing Move and EVM-based smart contracts, making it possible for developers to build decentralized applications (dApps).<\/p>\n

Rebased also made IOTA highly decentralized by incorporating the delegated proof-of-stake features. This, in turn, has enabled users to generate a monthly return by just holding the token. <\/p>\n

Introducing staking in IOTA was a significant development because holders can now earn approximately 13% in annual returns, which is significantly higher than what US bonds and the most popular dividend ETFs offer. <\/p>\n

Data show that IOTA\u2019s staking yield is significantly<\/a> higher than that of other popular cryptocurrencies, such as Solana and Ethereum. IOTA has a staking market capitalization of over $338 million, giving it a staking ratio of 45%. <\/p>\n

IOTA also introduced the Mysticeti consensus algorithm, which introduced over 50,000 transactions per second (TPS). Additionally, the network implemented a deflationary mechanism that regularly burns tokens. <\/p>\n

IOTA price has crashed because it is yet to gain traction among developers. Data shows that IOTA has just 1 protocol, which has a total value locked (TVL) of over $10.1 million. IOTA EVM has 9 dApps with just $8.6 million in assets. <\/p>\n

These numbers make it much smaller than recently launched chains like Unichain and Sonic, which have attracted millions in assets and stablecoin supply.<\/p>\n

On-chain data<\/a> <\/strong>also shows that it only has 375,000 addresses, with the daily ones being at 457. <\/p>\n

IOTA price technical analysis<\/h2>\n
IOTA price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

The daily chart shows that the IOTA token price has been under pressure in the past few months. It has crashed from a high of $0.6362 in December to the current $0.1600. <\/p>\n

IOTA has plunged below the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bears are in control. It also moved below the 78.6% Fibonacci Retracement level at $0.2185. <\/p>\n

On the positive side, IOTA has formed a large double-bottom pattern at $0.1400 and a neckline at $0.2750. A double bottom is one of the most common bullish reversal patterns. <\/p>\n

Therefore, the token will likely bounce back in the next few days, with the next target being at $0.2750, up by 70% from the current level. A move above that level will point to more upside, potentially to $0.3700, the 50% retracement level.<\/p>\n

A drop below the support level at $0.140 will invalidate the bullish IOTA price forecast, and point to more downside, potentially to $0.10.<\/p>\n

The post IOTA price crashed after Rebased upgrade: will it rebound?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

IOTA price has remained in a tight range at a crucial support level in the past few days. It was trading at $0.1600 on Friday, a few points above the year-to-date low of $0.1400. It has plunged by over 40% from its highest level in March this year.  Why IOTA price crashed after Rebased Upgrade <\/p>\n","protected":false},"author":1,"featured_media":41307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-41306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=41306"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/41307"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=41306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=41306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=41306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}