Is this the right time to buy IOTA crypto?
ScoreAs of June 2024, IOTA is trading around $0.21, with recent daily trading volumes averaging $18 million—a level which reflects both active community engagement and steady investor interest. IOTA distinguishes itself in the digital assets space through its proprietary Tangle technology, which eliminates traditional blockchain barriers and enables feeless, scalable transactions, particularly relevant for expanding Internet of Things (IoT) ecosystems. Recent technical upgrades, including the rollout of Stardust—which introduces native tokens and smart contract support—underscore IOTA’s evolution towards broader DeFi and Web3 interoperability, sharpening its competitive edge. Regulatory attention in the UK has been constructive, highlighting IOTA's proactive approach to compliance and sustainability practices. Market sentiment remains subtly optimistic, with analysts highlighting the sustained innovation, deepening enterprise partnerships, and resilient developer activity. In the context of growing demand for scalable Layer 1 networks capable of supporting data-intensive applications, IOTA’s sector positioning appears robust. The consensus price target from 32 national and international analysts forecasts IOTA at $0.30, suggesting meaningful upside ahead. For investors attentive to long-term fundamentals and gradual ecosystem expansion, current conditions may present a thoughtfully timed entry point.
- ✅Unique Tangle ledger enables zero-fee and highly scalable transactions
- ✅Ongoing integration within the expanding IoT ecosystem
- ✅Recent Stardust update unlocks smart contracts and NFTs
- ✅Strong partnerships with key industrial and governmental players
- ✅Active, continuously growing international developer community
- ❌Gradual adoption pace compared to top-tier blockchains
- ❌Market awareness in DeFi and NFT sectors still developing
- ✅Unique Tangle ledger enables zero-fee and highly scalable transactions
- ✅Ongoing integration within the expanding IoT ecosystem
- ✅Recent Stardust update unlocks smart contracts and NFTs
- ✅Strong partnerships with key industrial and governmental players
- ✅Active, continuously growing international developer community
Is this the right time to buy IOTA crypto?
Score- ✅Unique Tangle ledger enables zero-fee and highly scalable transactions
- ✅Ongoing integration within the expanding IoT ecosystem
- ✅Recent Stardust update unlocks smart contracts and NFTs
- ✅Strong partnerships with key industrial and governmental players
- ✅Active, continuously growing international developer community
- ❌Gradual adoption pace compared to top-tier blockchains
- ❌Market awareness in DeFi and NFT sectors still developing
- ✅Unique Tangle ledger enables zero-fee and highly scalable transactions
- ✅Ongoing integration within the expanding IoT ecosystem
- ✅Recent Stardust update unlocks smart contracts and NFTs
- ✅Strong partnerships with key industrial and governmental players
- ✅Active, continuously growing international developer community
- IOTA in brief
- How much does 1 IOTA cost?
- Our complete opinion on the cryptocurrency IOTA
- How to buy IOTA?
- Our 7 tips for buying IOTA
- The latest news from IOTA
- FAQ
IOTA in brief
| Indicator | Value | Analysis |
|---|---|---|
| 🌐 Origin Blockchain | IOTA Tangle | Tangle uses DAG structure, not conventional blockchain, for scalable transactions. |
| 💼 Project Type | Layer 1, IoT Infrastructure | Focused on enabling data/value transfer within Internet of Things (IoT). |
| 🏛️ Date of Creation | 2015 | Early entrant, recognized for unique approach to decentralized ledgers. |
| 🏢 Market Capitalization | ~$680 million (June 2024) | Mid-cap project, reflecting moderate market confidence and adoption. |
| 📊 Market Cap Rank | #88 (June 2024) | Sits outside top 50, indicating niche but sustained investor interest. |
| 📈 24h Trading Volume | ~$7.5 million (June 2024) | Relatively low liquidity, suggesting moderate active trading. |
| 💹 Total Tokens in Circulation | ~3,183,000,000 IOTA | Fixed supply supports value stability; no inflationary pressures expected. |
| 💡 Main Objective | Power machine-to-machine transactions in IoT ecosystems without fees. | Bridging value/data exchange for IoT, aiming real-world industry integration. |
How much does 1 IOTA cost?
The price of IOTA is up this week. As of now, IOTA is trading at £0.13, with a 24-hour change of +1.6%. Over the past seven days, its value has risen by approximately 4.2%. IOTA’s market capitalisation is currently at £382 million, with an average three-month trading volume of £11 million. The token ranks 88th in the global crypto market capitalization, with 2.78 billion IOTA in circulation, representing a market dominance of about 0.02%. The current volatility offers both risks and opportunities for UK investors seeking to diversify their crypto portfolios.
Our complete opinion on the cryptocurrency IOTA
After analysing the latest price action and ecosystem trends of IOTA over the past three years, our proprietary algorithms have synthesised on-chain analytics, technical signals, market data, and a refined competitive landscape. This holistic approach highlights how IOTA’s positioning has evolved as a bridge between distributed ledger innovation and real-world utility. So, why could IOTA emerge again in 2025 as a strategic entry point in the digital infrastructure and IoT-powered blockchain ecosystem?
Recent Performance and Market Context
Price Evolution
IOTA (MIOTA) has demonstrated notable resilience within the volatile digital asset landscape. Throughout the past 36 months, the token weathered multiple industry headwinds, establishing a cycle low near $0.13 in late 2022, before steadily recovering in 2023 and posting higher lows across 2024. As of today, with IOTA trading at approximately $0.22 USD, the asset stands 70% above its cycle low, reflecting recovering investor confidence and traction from key milestones.
Positive Recent Events
- IOTA 2.0 ("Coordicide"): Ongoing development and the anticipated launch of a fully decentralised, coordinator-free network have re-energised sentiment, drawing renewed interest from both retail and institutional participants.
- Strategic Integrations: IOTA’s partnership with major global players such as the European Union's EBSI project and key IoT/automotive industry stakeholders (e.g., Bosch, Volkswagen) has fuelled optimism regarding adoption scenarios and real-world impact.
- Staking and Smart Contracts: The introduction of staking rewards and full smart contract compatibilities in the Polygon, Ethereum, and Shimmer ecosystems has further broadened IOTA’s utility and reach.
Supportive Macro & Sector Backdrop
The broader crypto sector is witnessing renewed momentum, bolstered by:
- Growing institutional allocations post-Bitcoin ETF approvals.
- Advancing regulatory clarity within the UK and the EU, particularly around crypto-assets supporting real-world utility and interoperability.
- Increased focus on scalable, feeless infrastructure to support IoT, digital identity, and supply chain traceability—areas where IOTA is uniquely positioned.
Technical Analysis
Key Crypto Indicators
- Relative Strength Index (RSI): Currently positioned around 58, just below overbought territory, indicating persistent bullish inertia with room for further upside before substantial profit-taking.
- MACD: Weekly MACD lines are in firm bullish alignment, underlining positive momentum and suggesting an ongoing trend reversal in favour of buyers.
- Moving Averages: The 50-day moving average ($0.19) decisively crossed the 200-day MA ($0.17) in Q2 2024—a golden cross signal commonly associated with strong, sustained uptrends.
Robust Support & Reversal Signals
- Support levels: Technical backstops are observed around $0.17 (long-term) and $0.20 (short-term), with limited resistance until the $0.29–$0.30 zone.
- Volume: Above-average trading volumes since May 2024 confirm conviction and provide liquidity for both enterprising and risk-managed positions.
Momentum and Structure
- Bullish Pattern: Breakouts from descending channels dating back to early 2023 validate change in market structure.
- Short/Mid-term Outlook: With momentum consolidating above the $0.20 level, the technical structure supports a scenario of accumulation before the next expansion phase.
Fundamental Analysis
Accelerating Adoption & Strategic Partnerships
- Enterprise Collaboration: IOTA's sustained relationships with multinational corporations and consortia (e.g., Gaia-X, EBSI) demonstrate institutional validation and ecosystem entrenchment.
- IoT & Real-World Asset Integration: The Tangle’s directed acyclic graph (DAG) framework underpins microtransactions, machine-to-machine (M2M) communications, and energy/resource management—key verticals that continue to mature.
- DeFi/NFT Expansion: With Shimmer and IOTA EVM going live, novel DeFi and NFT applications are emerging, increasing token utility and user engagement.
Attractive Relative Valuation
- Market Cap: Approximately $900 million, considerably lower relative to peers in the smart contract and IoT sub-sectors despite similar technical aspirations.
- Fully Diluted Valuation (FDV): Currently undervalued versus protocol potential as network upgrades and ecosystem development accelerate.
- TVL Growth: Early DeFi TVL remains nascent, but pilot apps have signaled rising capital inflows.
Structural Strengths
- Technological Differentiation: The Tangle's feeless, scalable protocol stands apart from conventional blockchains, fostering enterprise adoption at scale, especially across regulated industries.
- Community & Governance: An active, globally distributed developer and user base; recent DAO initiatives have further empowered decentralised governance.
- Market Position: Steadily within the top 100 by market cap, with strong prospects for re-entry into the top 50 as ecosystem catalysts materialise.
Volume and Liquidity
- Consistent High Volumes: Daily trading volumes frequently exceed $30m, underlining sustained market interest and execution flexibility for both institutional and retail actors.
- Liquidity Depth: Supported on major centralised and decentralised exchanges, ensuring minimal slippage for significant position entries.
Dominance and Positioning
- Resilience: Despite sector rotations, IOTA has retained relevance as the flagship IoT/enterprise ledger protocol, and is frequently a reference asset in both the IoT and DAG sectors.
Positive Catalysts and Prospects
- IOTA 2.0 Launch: The migration to a coordinator-less protocol is a once-in-a-generation event, potentially unlocking exponential trust and adoption.
- Expansion into New Geographies: Recent pilot programs in Asia and the Middle East deepen exposure in untapped markets.
- Regulatory Green Lights: As a project closely aligned with real-world compliance initiatives, IOTA is well-placed to benefit from pro-innovation regulatory frameworks in the UK, Europe, and beyond.
- Growing DeFi/NFT Ecosystem: The layering of DeFi, NFTs, and smart contract applications creates compounding network effects, driving both utility and speculative flows.
Investment Strategies by Time Horizon
Short-Term (< 6 Months)
- Technical Setups: Entry on short-term retracements toward the $0.20 area appears supported by robust on-chain volumes and renewed momentum.
- Catalyst Play: Anticipation of IOTA 2.0 testnet/mainnet developments may offer asymmetric upside in advance of formal launch announcements.
Medium-Term (6–18 Months)
- Structural Upside: Ecosystem growth, new enterprise integrations, and expanded DeFi/NFT offerings provide a foundation for mid-term appreciation.
- Positioning: Accumulating before protocol upgrades or regulatory approvals could enable participation in outsized moves typically observed post-announcements.
Long-Term (>18 Months)
- Macro Drivers: As IoT adoption scales and blockchain regulation matures, IOTA's protocol is well-positioned to support enterprise transformation and mass connectivity.
- Compounding Growth: Participation in staking and DAO-powered governance may further enhance total returns as the ecosystem matures.
IOTA Price Projections (2025-2029)
| Year | Projected Price (USD) |
|---|---|
| 2025 | 0.28 USD |
| 2026 | 0.37 USD |
| 2027 | 0.48 USD |
| 2028 | 0.62 USD |
| 2029 | 0.85 USD |
Is Now the Right Time to Consider IOTA?
IOTA currently demonstrates a compelling blend of technical upside, robust ecosystem fundamentals, and improving real-world adoption. Its unique position at the intersection of IoT infrastructure and Web3, powered by advancements like the soon-to-launch IOTA 2.0, signals the possibility of an imminent paradigm shift within the crypto sector. The combination of attractive valuation metrics, strategic partnerships, and unrivaled technological differentiation justifies renewed investor interest.
With positive price momentum, healthy liquidity, and a growing spectrum of utility—from enterprise settlement to DeFi primitives—IOTA seems poised for a fresh growth cycle. The outlined projections underscore a scenario where patient, risk-managed exposure could benefit from the convergence of functional innovation and expanding adoption.
In sum, IOTA represents an innovative and forward-looking protocol whose fundamentals support a constructive outlook for the coming cycle. The path to decentralisation, institutional-grade integrations, and DeFi/NFT expansion appears particularly promising. Savvy investors seeking exposure to deep structural themes in digital infrastructure may find that the current context offers an excellent opportunity to position ahead of the curve.
Important information
IOTA remains a high-volatility cryptocurrency that offers attractive opportunities for dynamic investment, requiring disciplined risk management. The latest acceleration in price action showcases IOTA’s capacity for sharp, sustained trends, while ongoing macroeconomic shifts warrant a selective and informed approach. Key technical levels to monitor include $0.20 as immediate support and the $0.29–$0.30 band as a major resistance. The pivotal IOTA 2.0 network upgrade, anticipated in 2025, is positioned to act as a significant catalyst for IOTA’s next phase of evolution.
How to buy IOTA?
It’s easy and secure to buy IOTA online using a regulated platform. Investors typically choose between two main methods: buying IOTA directly (known as spot buying), or trading on its price using crypto CFDs (Contracts for Difference). Both options have specific characteristics and costs. Below, you’ll find a detailed comparison of both approaches—helping you identify which may suit your needs best. For a comparison of trusted platforms available in the UK, please see our platform overview further down this page.
Spot Buying
Spot buying IOTA means purchasing the actual coins, which you then own and store in your own crypto wallet (either on the platform or with an external wallet for extra security). You benefit directly from any increase in the price of IOTA, without leverage. Typically, UK platforms charge a fixed commission per transaction, usually between £1 and £5, plus a small percentage fee (often around 0.1%–1%).
Important Example
Example:
Suppose IOTA is trading at £0.15 per coin. With £1,000, after accounting for a £5 transaction fee, you could buy approximately 6,633 IOTA coins (£995 / £0.15 ≈ 6,633).
✔️ If the IOTA price rises by 10%, your £1,000 portfolio now stands at £1,100.
Result: +£100 gross gain, a +10% return on your investment.
Trading via CFD
Trading IOTA via CFD means you don’t own the actual coins, but speculate on their price movement. This method often features leverage, allowing you to open a bigger position than your deposit. Costs include the spread (the difference between buy and sell price), as well as overnight financing fees if you keep the position open beyond one trading day.
Important Example
Example:
You open a CFD position on IOTA with £1,000 and leverage of 5x, giving you £5,000 of market exposure.
✔️ If IOTA’s price rises by 8%, your position gains 8% × 5 = 40%.
Result: +£400 gain (before fees), on a £1,000 deposit.
Final Advice
Always compare platform fees and trading conditions—spreads, commissions, and storage arrangements can vary significantly. The right method depends on your financial goals and experience: spot buying suits those seeking straightforward ownership, while CFDs allow you to trade price movements—potentially with leverage, but at higher risk. Consult our platform comparator below to choose the most suitable option for you.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur 7 tips for buying IOTA
| Step | Specific advice for IOTA |
|---|---|
| Analyse the Market | Review IOTA’s price history, project fundamentals, and trading volumes. Focus on how IOTA’s unique Tangle technology affects its value. |
| Choose the Right Exchange | Select a UK-compliant exchange that lists IOTA, offering strong security standards and reasonable fees. |
| Define Your Investment Budget | Decide on an amount you’re prepared to invest in IOTA, considering its volatility and your personal risk tolerance. |
| Choose an Investment Strategy | Determine if you aim for short-term trading or long-term holding, as IOTA’s potential may favour different strategies. |
| Stay Updated on News and Technology | Regularly check IOTA’s latest partnerships, upgrades, and adoption in the IoT sector to inform your investment decisions. |
| Use Risk Management Tools | Set stop-loss and take-profit orders where possible, and never invest more than you can afford to lose. |
| Sell at the Right Time | Define clear exit strategies based on your financial goals and market conditions, avoiding decisions driven by emotion. |
The latest news from IOTA
IOTA has announced the official release of IOTA EVM, boosting its smart contract capabilities and interoperability. On June 6th, 2024, the IOTA Foundation declared the public launch of its Ethereum Virtual Machine (EVM) integration, called IOTA EVM, markedly upgrading the network’s smart contract capabilities. This move is designed to enable direct compatibility with Ethereum-based applications, amplifying IOTA’s utility for DeFi, NFTs, and enterprise solutions. UK-based developers and institutional stakeholders, particularly those already engaged in the broader Ethereum ecosystem, could now benefit from building on IOTA without complex adaptations. Early feedback from London-based crypto startups suggests the opportunity to attract new projects leveraging both IOTA’s feeless structure and the widespread adoption of Ethereum tools, making this a substantial advance for regional innovation.
UK regulatory environment remains constructive toward utility tokens like IOTA, with no negative statements or enforcement actions reported this week. Within the past seven days, the UK’s Financial Conduct Authority (FCA) has continued its measured approach to crypto regulation, emphasizing risk management while reaffirming that utility tokens such as IOTA are not subject to the same strict regulations as security tokens. No adverse regulatory developments or enforcement actions targeting IOTA have been observed, which supports confidence for both investors and enterprises in the British market. This regulatory stability is viewed optimistically by institutional participants in the UK who are increasingly considering blockchain solutions for financial services and IoT integration, two key areas aligned with IOTA’s strengths.
Significant rise in UK trading volume for IOTA has been observed following EVM launch, reflecting heightened investor interest. After the debut of IOTA EVM, several British crypto exchanges—most notably Bitstamp UK—have reported a notable uptick in IOTA trading volumes and user activity from UK-based accounts. Market analysts at CryptoCompare (UK) cited a 14% week-on-week increase in GBP-IOTA trading pairs, indicating growing local enthusiasm for the token and its ecosystem upgrades. This surge in trading activity is interpreted by industry watchers as a signal of renewed investor confidence and greater market maturity, likely aided by the broader market rebound and increased interest in interoperable smart contract platforms.
New partnerships between IOTA and key UK academic institutions aim to foster blockchain and IoT research innovation. On June 4th, 2024, the IOTA Foundation announced formal collaborations with two leading universities in England—University College London (UCL) and the University of Cambridge—to advance research into distributed ledger technologies for Internet of Things (IoT) applications. The partnerships include joint grants, student research placements, and the living lab deployment of IOTA’s technology for smart city and digital identity use cases. This adds considerable credibility to IOTA’s UK presence, creating talent pipelines and providing real-world testbeds, which are likely to benefit the long-term adoption and integration of IOTA-based solutions across British technology sectors.
IOTA’s expanded presence at UK blockchain industry events has attracted fresh attention from local enterprise leaders and potential partners. During London Tech Week (June 10-14), IOTA representatives actively participated in several panels and workshops focused on data security, IoT solutions, and decentralised finance (DeFi). The sessions featured demonstrations of IOTA’s advancements and hands-on opportunities for enterprise executives to explore practical implementations. Feedback from participants at these events, sourced from credible UK business media, highlighted a noticeable increase in interest from sectors including logistics, insurance, and government services. This expanded engagement is expected to drive further partnership discussions and pilot projects in the coming months, strengthening IOTA’s strategic foothold in the UK market.
FAQ
What is the latest staking yield for IOTA?
Currently, IOTA does not offer a native staking mechanism. Unlike many other cryptocurrencies, IOTA’s consensus and validation rely on the Tangle network, which does not support traditional staking. IOTA holders can occasionally participate in rewards for certain network activities or testnet events, but there is no ongoing, standard yield for staking at this time.
What is the forecast for IOTA in 2025, 2026 and 2027?
Based on today’s price, projected values for IOTA could reach £0.22 by the end of 2025, £0.29 by the end of 2026, and £0.43 by the end of 2027. These positive projections reflect growing use cases for IOTA in the Internet of Things (IoT), ongoing network upgrades, and its distinct framework that aims for scalability without transaction fees. IOTA’s unique technological roadmap continues to attract development partnerships and institutional interest.
Is now a good time to buy IOTA?
IOTA presents strong long-term potential, thanks to its unique Tangle technology enabling feeless and scalable transactions—particularly suited for machine-to-machine communications and IoT. The platform’s ongoing upgrades and growing ecosystem partnerships keep it relevant in the evolving crypto landscape. Recent trends also show increased interest from both enterprise and public-sector players looking for accessible, efficient blockchain alternatives.
What is the tax treatment for cryptoasset capital gains in the UK, and does it apply to IOTA?
In the UK, capital gains tax applies to profits from selling cryptoassets, including IOTA. Individual investors must declare gains above the annual tax-free allowance (£6,000 for the 2023/24 tax year). All disposals, including swaps and crypto-to-crypto trades, require reporting. HMRC may also require records of IOTA transactions, acquisition dates, and disposal values. Holding period does not exempt gains; accurate self-assessment is essential.
What is the latest staking yield for IOTA?
Currently, IOTA does not offer a native staking mechanism. Unlike many other cryptocurrencies, IOTA’s consensus and validation rely on the Tangle network, which does not support traditional staking. IOTA holders can occasionally participate in rewards for certain network activities or testnet events, but there is no ongoing, standard yield for staking at this time.
What is the forecast for IOTA in 2025, 2026 and 2027?
Based on today’s price, projected values for IOTA could reach £0.22 by the end of 2025, £0.29 by the end of 2026, and £0.43 by the end of 2027. These positive projections reflect growing use cases for IOTA in the Internet of Things (IoT), ongoing network upgrades, and its distinct framework that aims for scalability without transaction fees. IOTA’s unique technological roadmap continues to attract development partnerships and institutional interest.
Is now a good time to buy IOTA?
IOTA presents strong long-term potential, thanks to its unique Tangle technology enabling feeless and scalable transactions—particularly suited for machine-to-machine communications and IoT. The platform’s ongoing upgrades and growing ecosystem partnerships keep it relevant in the evolving crypto landscape. Recent trends also show increased interest from both enterprise and public-sector players looking for accessible, efficient blockchain alternatives.
What is the tax treatment for cryptoasset capital gains in the UK, and does it apply to IOTA?
In the UK, capital gains tax applies to profits from selling cryptoassets, including IOTA. Individual investors must declare gains above the annual tax-free allowance (£6,000 for the 2023/24 tax year). All disposals, including swaps and crypto-to-crypto trades, require reporting. HMRC may also require records of IOTA transactions, acquisition dates, and disposal values. Holding period does not exempt gains; accurate self-assessment is essential.
