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- 2025 is almost over, and the IOTA network made big strides in Q2 with the launch of TWIN and advances in IOTA Identity.
- IOTA’s progress report for the third quarter of the year reveals that some initiatives are expected to continue into Q4.
This month, the IOTA Foundation celebrated 10 years of innovation on October 2 during TOKEN2049 Singapore 2025. Since its launch in 2015, IOTA has evolved into a global ecosystem driving real-world impact.
Over the past three months, the team has strengthened adoption across industries and set the stage for what looks to be a strong finish to the year. Today, the IOTA team published the progress report for Q3, beginning with a catchy phrase, ” New releases. New integrations. Real-world traction.”
The network’s native token, IOTA, currently ranks as the 97th largest digital asset with a market capitalization of about $731 million. Its price is $0.1794, after a 52% surge in the past year and still 96% below its all-time high.
Technical Milestones
One of the biggest milestones was the deployment of the non-sharded version of Starfish on DevNet. This was a testing phase that gave developers, node operators, and ecosystem partners the chance to interact with and stress-test the protocol before it makes its way to the mainnet.
Starfish was built with scalability and flexibility in mind. Unlike traditional blockchain consensus models that rely on energy-hungry proof systems or a small group of validators, Starfish distributes trust and decision-making more efficiently across the network, while staying fast and decentralized.
The team rolled out IOTA Names on Testnet, introducing a much more user-friendly way to interact with the network. Instead of copying and pasting those long, clunky hexadecimal addresses, users can now register clean and memorable names like dom. iota. It’s a simple change, but one that makes sending tokens and managing on-chain identities far more intuitive.
As highlighted in an earlier post, IOTA Notarization was launched in July. Its alpha release also rolled out two notarization methods designed for different business needs. The first, Locked Notarization, is for records that should remain fixed and unalterable. The second, Dynamic Notarization, offers more flexibility, allowing updates or additions while preserving the original data’s integrity.
Additionally, IOTA Hierarchies moved into Alpha release. This open-source product enables cryptographically verifiable trust delegation between people, organizations, and devices. It enables clear role setting, trust delegation, and verification that works both on and off the blockchain. This can be applied to many sectors, from education to supply chains, legal identity, and regulatory compliance.
Both the IOTA Wallet and Nightly Wallet added support for Keystone, an open-source, air-gapped hardware wallet. Switchboard, a next-generation decentralized oracle protocol, officially went live on IOTA Layer 1, which followed with the validator committee expanding from 50 to 80 seats.
To top it off, GiveRep was deployed on the IOTA network. This tool lets developers embed trust and engagement metrics directly into their applications, making it easier to build reputation-based features and more transparent on-chain interactions.
Infrastructure and Expansions
TWIN, short for Trade Worldwide Information Network, is a framework designed to give real-world objects a secure digital identity. Imagine every shipping container, vehicle, or machine having its own “digital twin” on the IOTA network, complete with verifiable, tamper-proof data. This makes it easier to track, authenticate, and interact with physical assets in real time.
In Q3, the team completed the first proof of concept for the TWIN Data Space Connector, and the Global Legal Entity Identifier Foundation (GLEIF) signed an MoU with IOTA to connect its global Legal Entity Identifier system directly to TWIN’s infrastructure.
Trade and Logistics Information Pipeline (TLIP), another joint initiative between the IOTA Foundation, World Economic Forum, and other public and private sector partners, achieved a key integration milestone with the Kenya Ports Authority (KPA) this quarter.
TLIP’s main goal is to modernize global trade by building a trusted, data-sharing backbone that connects everyone in the international supply chain.
To boost adoption, IOTA expanded its outreach across Southeast Asia. The team headlined Malaysia Blockchain Week as Title Sponsor, organized a hackathon for university students, and toured five Malaysian campuses to inspire young Web3 innovators.
They also made a strong showing at Coinfest Bali, where they engaged with regulators, industry players, and the broader community, deepening their presence in the region.
