Officially: IOTA launches Rebase update on the mainnet!
IOTA has released the Rebase Mainnet upgrade today, May 5, 2025, which includes the following updates:
⚡️ Speed exceeding 50,000 transactions per second
⏱️ Near-instant confirmation of transactions
✅ Support for up to 150 Validators
📈 Staking rewards of up to 10–15% annually
🧠 Launch of MoveVM to run smart contracts on layer one
The old wallet (Firefly) will no longer be supported. Users can now transition to the new wallet and use the new asset dashboard.
#IOTA #Rebase #Mainnet #CryptoNews #Staking #SmartContracts #MoveVM #Web3 #Blockchain #DeFi