IOTX Surges 6.27% as Binance Backs IoTeX Upgrade and Hard Fork, Trading Volume Soars

IoTeX (IOTX) has experienced a 6.27% price increase over the past 24 hours, rising from a 24-hour open of $0.02058 to a current price of $0.02187 on Binance. This positive price movement appears to be influenced by recent announcements, including Binance’s support for the upcoming IoTeX network upgrade and the scheduled hard fork on June 19, 2025, as well as the recent IIP-42 vote aimed at increasing transaction speed. These developments have likely contributed to increased market interest and trading activity. Over the last 24 hours, IOTX has seen trading volumes between $11.7 million and $22.6 million, with a market capitalization around $187.9 million and approximately 9.44 billion tokens in circulation. The asset remains actively traded on major exchanges, and the recent upgrade news is a key factor in the current price momentum.