The IOTA Rebased protocol is scheduled for imminent launch, with developers in the final stages of readiness. This new protocol aims to elevate IOTA’s position and enhance its competitiveness against major competitors. IOTA has published its Q1 2025 report, which underscores the ecosystem’s readiness for this development. This report arrives as the IOTA team gets ready for the imminent launch of the Rebased mainnet, highlighting advancements made towards this launch. IOTA stated on its official X account that all teams collaborated effectively to enhance core infrastructure, boost adoption, and expand the ecosystem. According to our recent report, the IOTA Foundation has launched the Rebased protocol, which aims to enhance the network’s scalability, programmability, and decentralization. The Protocol sets up a fully decentralized Layer-1 network equipped with enhanced functionalities. Following a community vote in December 2024 to proceed with the transition, Rebased is preparing to release its mainnet. The IOTA Foundation has recently launched a public testnet for IOTA Rebased. This enabled both users and developers to experience its features prior to the launch of the mainnet. In the Q1 report that was recently published, the IOTA Foundation noted that the network is progressing into Q2 with significant momentum. In addition to being prepared and having a defined direction for the eagerly awaited launch of IOTA Rebased, the report states that developers will be well-equipped for success as the audits for ISC and core tools are either finished or underway. The ISC team has primarily concentrated on achieving compatibility between IOTA EVM and IOTA Rebased, successfully deploying a compatible version on testnets. They are currently undergoing a Sherlock audit to confirm the security and integrity of this implementation.
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