The Iota (MIOTA) protocol is currently in the headlines after it announced plans to upgrade its core network.

The announcement was another move to improve the overall functionality and usability of the protocol in recent times.

"IOTA core network update! With the upcoming update of Stardust on IOTA, the coordinator will be replaced by the Validator Committee.

The committee has been thoroughly tested on ShimmerNet and will be deployed on the core network as a temporary improvement to Coordicide."

The upcoming upgrade has been dubbed Stardust, and is intended to bring a number of fundamental changes to IOTA, including the replacement of the coordinator by a committee of validators.

In an effort to ensure the Validator Committee is properly deployed and functional, the IOTA protocol has confirmed that it has already deployed and tested the new protocol on ShimmerNet up to this point.

#iota $IOTA

The Shimmer EVM testnet, which went live in late March, has set remarkable milestones. The Shimmer Network posted a tweet celebrating the milestones.

Remarkably, the Shimmer EVM testnet has hit 1 million transactions with over 38,000 wallet addresses. Also, over 2,200 smart contracts have been deployed.

Dominik Schiener, the IOTA co-founder, took to Twitter to celebrate the milestone. "1 million transactions on the Shimmer EVM in less than 1 month, big milestone that shows the resilience, speed, and reliability of the network," Schiener tweeted.

Guess what, folks? Our #ShimmerEVM Testnet hit 1 million transactions with 38K wallet addresses! 🎉 Plus, over 2.2K #SmartContracts were deployed in less than a month after launch. Keep up with our accelerating progress at 🚀⬇️https://t.co/oEGymmtP5N pic.twitter.com/GLtCxzvsn8

— Shimmer (@shimmernet) April 27, 2023

On March 29, the Shimmer EVM test chain launched on the Shimmer testnet. The EVM chain on the testnet represented a key step in expanding the reach of the interoperable Shimmer protocol to a broader community of blockchain users and developers who build EVM-compatible smart contracts.

The launch of Shimmer EVM on testnet precedes its highly anticipated release on the Shimmer network and brings with it various possibilities and access to features available in the Shimmer protocol.

In the public testnet phase, the Shimmer EVM will be further tested and validated in an attempt to find bugs or improvements to be made.

Pyth Network, Treasures of Shimmer

Earlier in April, the Shimmer Network announced the arrival of a critical piece of infrastructure on the Shimmer EVM. The Pyth Network has deployed its oracle contracts on the ShimmerEVM testnet.

The deployment would enable projects on Shimmer to pull real-time price data onto the EVM, which is crucial for lending protocols and derivatives platforms.

In a separate announcement, Treasures of Shimmer, a two-week-long incentive campaign starting on May 3, 2023, will reward projects and users for participating in the public testing of the EVM chain and the dApps deployed on it.

Participants would be able to partake in a prize pool of 1,300,000 SMR tokens.

#iota #crypto2023 #crypto #Binance #askbinancesensei

The cryptocurrency market is renowned for its dynamic nature, with prices constantly fluctuating based on various factors. Today, we take a closer look at the top gainers in the crypto space, highlighting the impressive performances of Ordi, Tia, IOTA, Super, and Ssv tokens.1. Ordi (ORDI):Ordi has emerged as a standout performer in today's market, showcasing a remarkable surge in value. Ordi, with its unique features and functionalities, has garnered significant attention from investors. Its solid performance can be attributed to factors such as innovative technology, a strong community, and positive market sentiment.Investors and analysts are closely watching Ordi as it continues to make strides in the crypto space. The token's upward trajectory is indicative of the growing interest in its underlying project and the potential it holds for the future.2. Tia (TIA):Tia is another cryptocurrency making waves today, experiencing substantial gains in its valuation. Tia's success can be attributed to a combination of factors, including strategic partnerships, technological advancements, and a robust development team.As Tia gains momentum, it is essential to keep an eye on any developments or announcements that may contribute to its upward trajectory. The crypto community is eagerly anticipating further insights into Tia's roadmap and future plans.3. IOTA (IOTA):IOTA, known for its unique Tangle technology, has consistently been a strong player in the cryptocurrency space. Today's surge in IOTA's value may be linked to recent advancements in its technology, partnerships, or broader market trends.Investors familiar with IOTA's vision of the Internet of Things (IoT) and its potential applications are keenly observing its current performance. As IOTA continues to evolve, its progress will likely have a substantial impact on its market standing.4. Super (SUPER):Super, with its commitment to decentralization and community governance, has gained significant traction in the crypto market today. The token's rise in value can be attributed to a combination of community support, unique features, and a clear roadmap.As Super gains attention, investors are eager to explore the token's utility and potential for long-term growth. Tracking Super's community engagement and development updates will provide valuable insights into its continued success.5. Ssv (SSV):Ssv is rounding off the list of top gainers today, showcasing a commendable increase in value. The reasons behind Ssv's surge could range from protocol upgrades to increased adoption or positive sentiment within the crypto community.Investors and enthusiasts alike are encouraged to delve deeper into Ssv's fundamentals, exploring the underlying technology and use cases that contribute to its current success. Staying informed about Ssv's ecosystem and any upcoming developments will be crucial for those looking to understand its potential trajectory.Conclusion:Today's crypto market is a testament to the rapid and unpredictable nature of digital assets. As Ordi, Tia, IOTA, Super, and Ssv tokens emerge as the top gainers, investors and enthusiasts must approach these opportunities with a well-informed perspective. Conducting thorough research, staying updated on project developments, and monitoring market trends will empower individuals to make informed decisions in the ever-evolving world of cryptocurrencies.#ordi #ssv #tia #iota #BTC

The price of IOTA has increased by fifteen percent, reaching $0.2400, as a result of the decisive actions taken by purchasers over the previous two days. On account of the fact that IOTA is now assaulting major moving averages and resistance, technical indicators are indicating that bullish momentum is becoming stronger.
The 20-day exponential moving average (EMA) for the price of IOTA is now at $0.2393, while the 50-day EMA is currently at $0.2473. Considering that the price has been climbing to test these levels, a strong move above might indicate a shift in the trend toward bullishness. A goal for the bulls is also represented by the 100-day exponential moving average, which is now located at $0.2331.
Today, the Relative Strength Index (RSI) has reached 48.35, which is a significant increase from the oversold value of 39.06 that was recorded yesterday. This swift increase is a reflection of the strengthening of the upward momentum, which has the potential to accelerate the price of IOTA over the above obstacle.
The MACD histogram has progressed to a level of -0.0007, which is a significant improvement from the level of -0.0028 that it reached the day before. Now, those who are optimistic on IOTA will be searching for a bullish crossing of the MACD above zero in order to validate the developing upward trend.

Initially, there is anticipated to be resistance for IOTA between the prices of $0.2279 and $0.2349, which is where sellers have formed. Should this region be cleared, it would pave the way for a challenge of the 20-day exponential moving average (EMA) at $0.2393 and the 50-day EMA at $0.2473. This zone is the psychological threshold of $0.25, which lies beyond it.
During pullbacks, the first significant support level is located around $0.2100. This level is associated with the confluence of the Fibonacci retracement level of 0.786 and the swing low of IOTA at the present time. In the event that this region is unable to maintain its position, the 200-day exponential moving average, which is located at $0.2161, would become the subsequent target for the downside.
IOTA's technical picture is becoming better as a result of the recent rise it has seen. As the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) both indicate that the upward momentum is growing, a possible acceleration of the move higher might be triggered by a breach of the exponential moving average (EMA) resistance and the $0.25 level. Staying above the $0.21 support level will be essential in order to maintain the newly discovered bullish bias.
#iota #Write2Earn #TradeNTell