#IoTeX demonstrates positive momentum driven by expansion in AI, strategic partnerships, and network upgrades, although adoption risks still exist.
Launch of the AI Ecosystem – Introduction of the Physical Intelligence platform to integrate real-world data with AI (July 2-3).
Partnership with Vodafone – Collaboration for tokenized edge computing in AI using over 5 million cell towers (July 11).
Community Growth – Incentives for active testing and DePIN/AI event in Southeast Asia (July 15-20).
Detailed Analysis
1. Technical Developments
IoTeX conducted a network upgrade on June 19, reducing the block time to 2.5 seconds and launching System Staking v3 (IoTeX). This improved transaction efficiency, preparing the platform for its AI-focused expansion. On July 15, the team initiated a bug bounty program, offering rewards in IOTX for those who help test the ecosystem — a strategy to increase the platform's reliability as adoption grows.
2. Business and Partnerships
A DePIN x AI partnership with Vodafone, Coinbase, and Chainlink (July 11) aims to transform over 5 million global cell towers into decentralized edge computing nodes for AI (IoTeX). This aligns with the Physical Intelligence platform launched on July 2, which integrates real-time machine data into AI models through blockchain and token incentives (Cointelegraph).
3. Market Metrics
IOTX appreciated +38.87% in the last 90 days, surpassing the +20.28% growth of the crypto market in the last 30 days. The recent price (US$ 0.0251 on July 20) reflects optimism regarding AI integrations, although trading volume remains moderate at 5.17%, indicating liquidity risks should market sentiment change.
Conclusion
IoTeX's shift towards AI-driven DePIN and prominent partnerships positions it as a speculative leader in the union of physical infrastructure with blockchain. However, success will depend on adoption by developers and concrete real-world use cases. Will the acceleration of AI adoption validate IoTeX's 'Realms' architecture by the third quarter of 2025?