Latest Ika (IKA) News Update

By CMC AI
09 December 2025 11:46AM (UTC+0)

What is the latest news on IKA?

TLDR

Ika navigates choppy waters with a major tech upgrade and muted market response. Here are the latest moves:

  1. EdDSA Mainnet Upgrade (4 December 2025) – Expanded cross-chain support to Solana, Zcash, and Cardano.

  2. Trustless Cross-Chain DeFi Push (12 November 2025) – Aimed to unlock Bitcoin liquidity via MPC design.

  3. Exchange Listings Surge (July–August 2025) – Launched on KuCoin, Crypto.com, Bitget.

Deep Dive

1. EdDSA Mainnet Upgrade (4 December 2025)

Overview:
Ika’s mainnet now supports EdDSA signatures, enabling native control of assets on Solana, Zcash, Cardano, and other EdDSA-based chains without bridges or custodians. This complements existing ECDSA support for Bitcoin/EVM chains, covering ~90% of crypto ecosystems.

What this means:
Bullish for IKA’s utility as it broadens use cases in cross-chain DeFi, payments, and institutional custody. Developers gain a unified SDK for programmable policies across chains, potentially accelerating adoption. However, the token’s price remains down 45% monthly, suggesting market skepticism about near-term traction. (CryptoSlate)

2. Trustless Cross-Chain DeFi Initiative (12 November 2025)

Overview:
Ika’s 2PC-MPC protocol aims to inject Bitcoin liquidity into DeFi by allowing Sui-based smart contracts to natively manage BTC without wrapped tokens. Partners like Human Tech plan BTC-collateralized stablecoins and yield products.

What this means:
Neutral-to-bullish long-term. While the tech addresses critical security gaps in cross-chain interoperability, BTC’s DeFi utilization remains below 1%, requiring sustained developer adoption to materialize value. (Blockworks)

Conclusion

Ika’s EdDSA upgrade solidifies its interoperability niche, but token performance lags behind technical strides. With Bitcoin dominance at 58.6% and altcoin sentiment weak, can IKA’s expanded utility translate into demand before broader market rotation?

What are people saying about IKA?

TLDR

Ika's community oscillates between tech optimism and volatility whiplash. Here’s what’s trending:

  1. EdDSA upgrade expands cross-chain capabilities

  2. Exchange listings fuel liquidity surges

  3. Lending freeze after 700% price spike

Deep Dive

1. @ikadotxyz: Cross-Chain Breakthrough Bullish

"endless chains one ika"
– @ikadotxyz (180K followers · 18.2K likes · 2025-11-29 16:39 UTC)
View original post
What this means: Bullish for IKA as the December 4 EdDSA upgrade (CryptoSlate) enables native control of Solana/Zcash/Cardano assets without bridges, potentially increasing developer adoption.

2. @suilendprotocol: Lending Halt Bearish

"Suspended IKA loans indefinitely after 700% price spike caused $379K deficit"
– @suilendprotocol (139K followers · 3.2K likes · 2025-09-09 04:23 UTC)
View original post
What this means: Bearish short-term as the September lending freeze (Binance News) reveals fragility in DeFi integrations during volatility, though liquidations favored shorts ($2.1M vs $103K longs).

3. @kucoincom: Liquidity Momentum Mixed

"World Premiere Listing: IKA/USDT trading starts July 29"
– @kucoincom (3.5M followers · 2.3K likes · 2025-07-28 12:12 UTC)
View original post
What this means: Neutral-long term as the Q3 2025 exchange blitz (KuCoin, Bitget, Crypto.com) initially boosted liquidity but failed to prevent an 84.5% 90-day price drop, suggesting weak holder retention.

Conclusion

The consensus on IKA is mixed – bullish on its zero-trust cross-chain tech (EdDSA upgrade), bearish on token economics (post-listing -84.5%). Watch Sui DeFi TVL changes as IKA’s dWallets aim to unlock Bitcoin liquidity. Can developer momentum offset weak price action?

What is next on IKA’s roadmap?

TLDR

Ika’s development continues with these milestones:

  1. EdDSA Signature Support (4 Dec 2025) – Enables native cross-chain control for Solana, Zcash, and Cardano.

  2. RFP Program Expansion (Ongoing) – Funds builders for Web3 tooling, custody, and DeFi on Ika.

  3. dWallet Ecosystem Growth (2026) – Targets institutional adoption of zero-trust MPC infrastructure.

Deep Dive

1. EdDSA Signature Support (4 Dec 2025)

Overview: Ika’s December 2025 mainnet upgrade introduced EdDSA signature support, expanding native cross-chain capabilities beyond Bitcoin and EVM chains to include Solana, Zcash, and Cardano. This allows smart contracts to manage assets on EdDSA-based chains without bridges or custodians.
What this means: Bullish for IKA as it broadens use cases (e.g., cross-chain DeFi with native Solana assets) and strengthens Ika’s position as a universal interoperability layer. Risks include technical complexity and adoption pace.

2. RFP Program Expansion (Ongoing)

Overview: Launched in August 2025, Ika’s Request for Proposals (RFP) program funds teams building critical infrastructure like decentralized tooling, AI/MPC integrations, and Sui-based DeFi apps. New RFPs are added regularly.
What this means: Neutral-to-bullish, as successful projects could boost Ika’s utility and developer traction. However, delays in high-quality submissions or funding allocation inefficiencies could slow momentum.

3. dWallet Ecosystem Growth (2026)

Overview: Ika aims to onboard institutional partners in 2026 via its dWallet technology, focusing on compliant custody solutions, cross-chain treasury management, and AI-driven asset automation. Partnerships like Human Tech’s Wallet-as-a-Protocol (WaaP) highlight this trajectory.
What this means: Bullish long-term, as enterprise adoption could drive demand for IKA tokens (used for network fees and governance). Bearish risks include regulatory hurdles or competition from centralized custodians.

Conclusion

Ika’s roadmap balances technical upgrades (EdDSA) with ecosystem incentives (RFP) and institutional outreach, aiming to cement its role in cross-chain interoperability. While recent developments enhance utility, execution risks remain. Will Sui’s scalability and Ika’s zero-trust model attract enough builders to sustain momentum?

What is the latest update in IKA’s codebase?

TLDR

Ika's codebase recently expanded cross-chain capabilities through cryptographic upgrades and ecosystem incentives.

  1. EdDSA Signature Support (4 Dec 2025) – Enables native transactions on Solana, Zcash, and Cardano via dWallets.

  2. RFP Program Launch (20 Aug 2025) – Funding builders to expand Ika’s tooling and use cases.

  3. Mainnet Stability Fixes (3 Dec 2025) – Recent commits focus on network resilience and Sui integration.

Deep Dive

1. EdDSA Signature Support (4 Dec 2025)

Overview: Ika’s mainnet now supports EdDSA signatures, allowing dWallets to natively interact with EdDSA-based chains like Solana and Cardano without bridges.

This upgrade extends Ika’s existing ECDSA (used for Bitcoin/EVM chains) compatibility, covering ~95% of major blockchains. Developers can now program cross-chain logic (e.g., Bitcoin-to-Solana swaps) directly via Sui smart contracts.

What this means: This is bullish for IKA because it removes reliance on risky bridges, potentially attracting developers building true multi-chain dApps. Users gain seamless access to assets across chains without wrapped tokens.
(CryptoSlate)

2. RFP Program Launch (20 Aug 2025)

Overview: The Ika Foundation launched a grants program to fund projects integrating dWallets into DeFi, tooling, and novel use cases.

Priority areas include zero-trust custody solutions, cross-chain DAOs, and institutional-grade MPC workflows. Selected teams receive technical support and funding tied to milestone delivery.

What this means: This is neutral for IKA in the short term but could drive long-term adoption by incentivizing ecosystem growth. Successful projects may increase demand for IKA tokens in governance and fee payments.
(Ika Blog)

3. Mainnet Stability Fixes (3 Dec 2025)

Overview: Recent GitHub commits (3 Dec 2025) optimized node synchronization and Sui smart contract gas efficiency.

Changes include latency reductions for 2PC-MPC operations and improved error handling during cross-chain signature aggregation. These updates aim to enhance scalability as network usage grows.

What this means: This is bullish for IKA because faster, more reliable transactions improve user experience, critical for institutional adoption. Reduced operational friction could help Ika maintain its “sub-second” performance claims.
(GitHub)

Conclusion

Ika’s codebase is evolving to cement its role as a zero-trust interoperability layer, with EdDSA support unlocking universal chain coverage and RFP grants fostering developer momentum. Will Sui’s integration with Ika’s MPC network become the standard for cross-chain coordination?

CMC AI can make mistakes. Not financial advice.