The IOTA Rebased protocol is set to launch soon, and developers are making the final preparations.
The new protocol will set IOTA on a new pedestal to compete with its key rivals.
IOTA has released its first quarter (Q1) 2025 report, highlighting the ecosystem’s preparation. This report comes as the IOTA team prepares for the Rebased mainnet launch, which will happen soon.
Progress in the Rebased Mainnet Launch
IOTA commented on its official X account that all teams have worked in unison to finalize core infrastructure, build adoption, and grow the ecosystem.
Image Source: IOTA on X
As we covered in our latest report, the IOTA Foundation recently introduced the Rebased protocol set to improve the network’s scalability, programmability, and decentralization. The Protocol also establishes a completely decentralized Layer-1 network with the addition of advanced features.
With a vote by the community in December of 2024 to make the transition, Rebased is currently gearing up