IOTA

Shimmer

DeFi

LayerZero

<ul>
 <li>LayerZero integration into ShimmerEVM boosts IOTA’s cross-chain interoperability for DeFi and multi-chain asset transfers.</li>
 <li>Advancements toward IOTA 2.0, IoT adoption, and EU blockchain projects reinforce long-term industrial and DeFi potential.</li>
</ul>
IOTA is trading at $0.2113, reflecting a 6.83% daily increase with a market capitalization of $836.29 million and a 24-hour trading volume of $26.31 million. Over the past month, IOTA has climbed 12.21%, but remains 24.84% down year-to-date and more than 66% below its all-time high of $6.61.
<figure style="width: 100%" class="wp-caption aligncenter"><img src="https://www.ethnews.com/wp-content/uploads/2025/08/IOTAUSDT_2025-08-12_18-58-56.png" alt="IOTAUSDT_2025-08-12_18-58-56" width="1826" height="880">
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 Source: IOTA/Tradingview
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The recent bullish momentum is supported by a recovery from multi-month lows, with technical indicators pointing to a potential continuation toward the $0.25–$0.30 range if buying pressure persists.
<figure style="width: 100%" class="wp-caption aligncenter"><img src="https://www.ethnews.com/wp-content/uploads/2025/08/IOTAUSDT_2025-08-12_18-59-32.png" alt="IOTAUSDT_2025-08-12_18-59-32" width="1826" height="880">
 <figcaption>
 Source: Tradingview
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From a <a href="https://www.ethnews.com/iotas-quantum-resistant-dag-vs-bearish-momentum-can-0-195-support-spark-a-25-rally/" rel="noopener noreferrer nofollow">technical perspective</a>, IOTA has broken above its short-term moving averages and is now forming a potential channel-up pattern, signaling bullish extension possibilities. 
Traders are closely watching for a breakout above $0.22, which could validate the next upward leg. ETHNews analysts suggest the asset may be completing a long accumulation phase and could be preparing for a Wave 3 Elliott rally toward $0.80 in the longer term.
The IOTA Ecosystem DLT Foundation, registered in Abu Dhabi, has committed $10 million to invest in tokenization and trade-focused startups, with a primary focus on the UAE and African markets. 
Another notable step is the integration of LayerZero’s cross-chain interoperability technology into IOTA’s ShimmerEVM, enhancing its ability to transfer value and assets between multiple blockchains. This cross-chain capacity positions IOTA as a competitive player in the growing <a href="https://www.ethnews.com/iotas-real-world-expansion-from-eu-digital-ids-to-korean-smart-ports/" rel="noopener noreferrer nofollow">multi-chain DeFi</a> sector.
Past strategic milestones, such as launching the Shimmer public test chain and progressing toward full decentralization via IOTA 2.0 DevNet, continue to support its long-term roadmap of removing the central Coordinator and scaling for industrial IoT applications.
In the <a href="https://www.ethnews.com/72-below-ath-can-iotas-eu-integration-trigger-a-breakout/" rel="noopener noreferrer nofollow">blockchain ecosystem</a>, IOTA remains a leader in tangle-based distributed ledger technology (DLT), designed for scalability and feeless microtransactions, making it particularly suitable for IoT (Internet of Things) applications.&nbsp;
The project continues to advance in European Union-backed blockchain initiatives, having recently completed a pre-commercial phase in an EU blockchain project aimed at secure data transfer for industrial and governmental use cases.
Developers within the <a href="https://www.ethnews.com/iota-foundation-urges-proportional-compliance-in-response-to-fatfs-aml-cft-proposals/" rel="noopener noreferrer nofollow">IOTA Foundation</a> are also working on enhancing smart contract capabilities via IOTA Smart Contracts Protocol (ISCP), which could open the door to DeFi, tokenization, and cross-chain interoperability.
The post <a href="https://www.ethnews.com/iota-dlt-foundations-10m-fund-targets-tokenization-growth-in-uae-and-africa/" rel="noopener noreferrer nofollow">IOTA: DLT Foundation’s $10M Fund Targets Tokenization Growth in UAE and Africa</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

IOTA: DLT Foundation’s $10M Fund Targets Tokenization Growth in UAE and Africa

ETHNews

Other articles published on Aug 12, 2025

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