IOTA Price Valeri After upgrading the upgrade: Will it refuse?

The price of IOTA token remained on the edge on Monday, even while developers activated the largest upgrade in their history.

IOTA (Iota) fell to $ 0.2040, a few points below the last week of High of $ 0.24. This withdrawal has led its own market to $ 777 million.

The main news on Monday was that developers were realized Rabali, the largest upgrade to the date, benefits and tokens and developers.

The renovated introduced decentralization on the IOTA network by activating the 150 best validators, including Ankr, Nansen and Blocksope. This change means the owners of IOT who delegate their tokens will now earn between 10% and 15% in annual yield.

The trained also added the movement of smart contracts, allowing developers to build decentralized applications in areas such as definitive, NFTS, gaming and stablecoins. IOTA upgrade positions as an upper alternative to chains like Stellar and Solana.

Next, IOTA is now one of the fastest and least expensive chains in the crypt industry. It can handle over 50,000 transactions per second, significantly more than 3,000 Solanes and Etherum 35.

The chain data show that IOTA has accumulated Almost 350,000 addresses, with over 1,709 active on Monday. This growth can accelerate if the rhabellation becomes a successful network in the crypto industry.

Technical analysis of IOTA price

The daily shows that IOTA traded from 0,200 on Monday, from $ 0.2415 last week. Currently, about 100-day average movements, while the relative strength index and wider Allsoin sensation stressed down.

Iota’s volume also declined significantly, suggesting that in the Vickoff Theory theory theory phase. In addition, the chart forms a small bakarian pattern.

Therefore, the token will probably try later Bullet interruption. If this happens, the next target will be swing 2,3143 dollars.