IOTA's EVM mainnet is now online, introducing smart contracts, cross-chain and other functions
IOTA announced the launch of the IOTA EVM mainnet, which is a Layer 2 solution fully compatible with the Ethereum Virtual Machine (EVM) on the IOTA network. Since its initial release on Shimmer in September 2023, IOTA EVM has undergone extensive improvements, testing, and auditing. This version introduces features such as smart contracts, cross-chain functionality, parallel processing, and enhanced miner extractable value (MEV) security. Users can connect through MetaMask and explore the network using the Firefly wallet. IOTA EVM will focus on the RWA direction, with partners including LayerZero, Stargate Finance, Pyth Network, and Supra.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MARA's stock jumps after raising $1 billion via convertible notes to buy more bitcoin
MARA Holdings announced the successful closing of its $1 billion offering of 0% convertible senior notes due 2030.The bitcoin miner plans to allocate around $199 million of the proceeds to repurchase $212 million in principal of its existing convertible notes due 2026. The remaining funds will be used to acquire more bitcoin.
Gold loses luster as institutional demand fuels bitcoin price surge, analysts say
Bitcoin’s 46% surge over the past month, contrasted with gold’s 3% decline, highlights a shifting investor preference toward alternative store-of-value assets, analysts say.Derivatives traders are buying up bitcoin call options ahead of Trump’s inauguration, signaling strong bullish sentiment for the beginning of 2024.
SEC is 'engaging' Solana ETF applicants: report
SEC “engaging” on Solana ETF applications, sparking optimism for potential approval in 2025.VanEck, 21Shares, and Bitwise lead Solana ETF filings amid pro-crypto White House hopes.SOL token rises 4.6% to $247.91, bolstered by Solana’s strong DeFi ecosystem and demand.
Shiba Inu Developer Says SHIB Is No Longer a Memcoin