Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • IOTA EVM Mainnet MEXC Listing- Sustainable Price Surge or a Temporary Pump?
  • News

IOTA EVM Mainnet MEXC Listing- Sustainable Price Surge or a Temporary Pump?

Simon Njenga 24 August 2024
Iota in space
  • IOTA has been listed in MEXC’s Assessment Zone with the IOTA/USDT trading pair now live, boosting its visibility and market activity.
  • The listing follows recent technological advancements, including IOTA’s integration into European blockchain infrastructure and the launch of its EVM Mainnet.

IOTA (IOTA) is set for increased visibility and liquidity following its listing in the MEXC exchange’s Assessment Zone. The listing comes after positive recommendations from community users and marks a significant milestone for the IOTA ecosystem. Trading for the IOTA/USDT pair officially went live on August 23, 2024, at 12:00 (UTC), signaling new opportunities for traders and investors alike.

MEXC’s Assessment Zone: A Strategic Launchpad

The Assessment Zone, introduced by MEXC in 2020, provides a platform for “non-initial listing” projects recommended by the community. Tokens listed in this zone undergo a 60-day evaluation period. Projects that demonstrate strong performance, development, and activity levels have the potential to transition to the Innovation Zone and, eventually, the Main Zone, where they gain more visibility and trading volume. Conversely, those that do not meet the criteria may be removed or hidden unless community members vote for an extension using MEXC’s native token, MX.

The IOTA listing has already sparked notable buying interest, with the token’s price experiencing a 2.65% surge over the past 24 hours and an 8.81% increase over the last week. IOTA is now trading at $0.1414, though trading volume remains modest, with $6 million in transactions recorded.

Technological Developments and European Blockchain Integration

IOTA’s recent achievements extend beyond its MEXC listing. On August 20, 2024, IOTA announced the completion of the final phase of the European Blockchain Pre-Commercial Procurement (PCP), a key milestone in its collaboration with the European Blockchain Services Infrastructure (EBSI). As part of this initiative, IOTA is developing a distributed ledger technology (DLT) solution that will be integrated into EBSI, aimed at supporting cross-border credential attestations for individuals and organizations across Europe.

This development is a precursor to the next phase of European blockchain infrastructure, known as the European Digital Infrastructure Consortium for Blockchain (EUROPEUM-EDIC), which will focus on scalable, energy-efficient, and secure blockchain applications.

In addition to its European endeavors, IOTA has also launched its EVM Mainnet, which introduces advanced features like smart contracts, cross-chain functionality, and parallel processing. These enhancements position IOTA as a competitive player in the evolving blockchain landscape.

Visionary Leadership and Global Adoption

Dominik Schiener, the founder of IOTA, emphasized the foundation’s commitment to realizing blockchain’s full potential. “We firmly believe that the future of our industry lies in real-world applications like DeFi and stablecoins. That’s why we’re investing heavily in regions like Africa and continuing to pursue groundbreaking use cases,” Schiener stated in a recent interview.

As IOTA forges ahead with strategic listings, technological advancements, and global partnerships, it remains a project to watch closely in the coming months.

Continue Reading

Previous: VeChain Breaks $0.024 as Coinbase Adds VET to New York- 5x Bull Run Next?
Next: BRICS Aims for Financial Independence: Launches Crypto Exchange and Stablecoin

Related Stories

SOLANA IMAGE OF PRICE ANALYSIS
  • News

Solana Price Prediction 2025-2030: Can Institutional Catalysts Drive SOL to $500?

Simon Njenga 6 July 2025
XRP COIN AND A BEAR ON THE SIDE
  • News

XRP Price Prediction: Could Banking Charter & ETF Approval Ignite a 1,500 % Rally and Even $100?

Simon Njenga 6 July 2025
Iota coin as the main focus at the middle
  • News

IOTA Becomes the Only Crypto Named in Chinese Government’s 2025 Tech Report

Dennis Gatheca 4 July 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

SOLANA IMAGE OF PRICE ANALYSIS
  • News

Solana Price Prediction 2025-2030: Can Institutional Catalysts Drive SOL to $500?

Simon Njenga 6 July 2025
XRP COIN AND A BEAR ON THE SIDE
  • News

XRP Price Prediction: Could Banking Charter & ETF Approval Ignite a 1,500 % Rally and Even $100?

Simon Njenga 6 July 2025
Iota coin as the main focus at the middle
  • News

IOTA Becomes the Only Crypto Named in Chinese Government’s 2025 Tech Report

Dennis Gatheca 4 July 2025
ONDO on $100B Market Projection black
  • News

Ondo and Pantera Launch $250M Fund to Accelerate RWA Tokenization

Jane Kariuki 4 July 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok