The upcoming IOTA EVM launch, supported by Shimmer’s infrastructure, represents a significant leap forward in blockchain technology.
Recent infrastructure upgrades and new tools promise to enhance the functionality and adoption of the IOTA EVM.
The IOTA technical team has been making substantial strides in their infrastructure, crucial for fostering growth and innovation within the ecosystem. Shimmer, as a standalone Layer 1 network, has been instrumental in driving IOTA’s technological evolution by being the first to test, release, and validate major protocol upgrades.
Following the success of ShimmerEVM, the impending release of the IOTA EVM is set to revolutionize the network. This phase will introduce IOTA 2.0, featuring sustainable tokenomics and enhanced programmability, further solidifying its position in the evolving Web3 environment.
Current Progress and Future Outlook
As highlighted in a recent CNF YouTube video, the IOTA team has established new price pusher services for
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