IOTA (IOTA) has experienced a decline in recent market conditions, but crypto researcher SMQKE believes that the IOTA team has been actively working on building and testing advancements in smart contracts. SMQKE reveals that the team is laying the foundation for its biggest upgrade in 2025, known as the IOTA Rebased Protocol. This protocol aims to improve scalability, programmability, and decentralization of the network and will introduce new features to enhance performance. The protocol will also integrate MoveVM, enabling programmability at the Layer 1 level. The team plans to launch the protocol on the mainnet in 2025, pending the fulfillment of certain conditions. The IOTA community has already approved the upgrade through a governance vote. SMQKE also suggests that IOTA is an undervalued token and highlights the importance of proper information and not overlooking hidden gems like IOTA.



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