The IOTA network is set to relaunch its mainnet in early 2025 with the implementation of the IOTA Rebased protocol. This protocol aims to improve scalability, programmability, and decentralization of the network. The mainnet re-launch positions IOTA for real-world adoption by bridging the needs of decentralized finance (DeFi) and institutions through MoveVM and EVM integration. The Rebased protocol introduces advanced features such as Ethereum Virtual Machine (EVM) and Move Virtual Machine (MoveVM) support, which enhance data abstraction capabilities and simplify resource management tasks. The direct integration of EVM into the Layer 1 network aims to enhance security and decentralization of dApps built on IOTA's EVM Layer 2 network. The community has approved the initiative through a governance vote, and the mainnet release is scheduled for early 2025. IOTA has also established regulated finance solutions and a $50 million growth fund, signaling readiness for the re-launch. The tokenization, digital trade finance, and regulatory compliance capabilities of IOTA have led to strategic partnerships, such as with the UAE, opening doors for innovative applications of asset tokenization within a regulatory framework. The IOTA coin has seen positive market performance, with an 18.53% increase in value and a rising market capitalization. Crypto analysts predict further upward momentum for IOTA in the near future.



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