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Cryptocurrency News Articles
IOTA (MIOTA) Skyrockets 62% as Voting Begins on Rebased Protocol Upgrade
Dec 03, 2024 at 09:41 pm
The IOTA network has commenced an important voting process to determine the future of its protocol. Starting this Monday, December 2, 2024, token holders can participate in a proposal to implement the new Rebased protocol, designed to enhance the network's scalability, decentralization, and efficiency.
Commencing Monday, token holders can participate in a proposal to integrate the Rebased protocol, which will introduce several key upgrades to the IOTA network. These include Move-based smart contracts on a parallel DAG ledger, a Delegated Proof of Stake (dPoS) consensus system with 150 independent validators, and the Mysticeti protocol for handling over 50,000 transactions per second.
The user experience will also be improved with adaptive transaction fees, sponsored transactions, and a staking reward system offering an estimated annual yield of 10-15%. This change in tokenomics aims to incentivize both validators and stakers while ensuring the ecosystem’s sustainability.
Following the start of the voting process, IOTA has experienced a massive surge, rising by 62% in the last 24 hours and trading at $0.5614. This surge is accompanied by a 190% increase in trading volume, which now surpasses one billion dollars. Notably, IOTA has had an exceptional month, recording a 163% weekly increase and an incredible 422% growth over the past 30 days.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
