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The Shimmer EVM testnet of IOTA has been seeing a surge in the smart contracts - 2
IOTA is currently observing a consolidation trend in price. It has seen a surge of 2.5% in the intraday session.
IOTA has emerged as a pioneer to reshape the way the Internet of Things work. They use Tangle technology which offers feeless microtransactions and scalable microtransactions. IOTA employs DAG structure which eliminates the need of miners and transaction fees. The security of IOTA utilizes a mechanism called Coordinator to ensure the security and integrity of transactions.It is designed to be highly scalable which …
Source: https://www.thecoinrepublic.com/2023/05/17/iota-price-prediction-is-iota-price-looking-to-hit-0-5/