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IOTA rides rebased upgrade to record TVL as token breaks out
NFT Gaming

IOTA rides rebased upgrade to record TVL as token breaks out

by admin August 18, 2025



IOTA’s Rebased upgrade is paying off. Just months after launch, the layer-1 network has hit an all-time high $36 million in total value locked, fueled by double-digit staking yields and rising transaction activity — momentum that has chart watchers betting on a bullish breakout toward $0.50.

Summary

  • IOTA price token was flat on Sunday, Aug. 17. 
  • Its monthly network transactions jumped by over 30%.
  • The total value locked rose to a record high of $36 million.

IOTA transactions and TVL jumps

IOTA (IOTA) token was trading around $0.2125 at last check on Aug. 17, up by 50% from its lowest level this year. 

IOTA, a layer-1 network, is performing relatively well, just a few months after launching the Rebased upgrade. Rebased was a major upgrade that introduced more decentralization by adding new validators. 

It also enabled IOTA holders to stake their tokens and earn double-digit returns. Nansen data shows that it now has staking yield of 13%, higher than most coins. 

Rebased also introduced MoveVM smart contracts, enabling developers to build their decentralized applications in areas like DeFi and gaming. 

Data shows that the total value locked in IOTA’s platform has continued rising this month and currently stands at an all-time high. Swirl, the biggest liquid staking platform, jumped by 2.8% in the last 30 days to $17.14 million. 

Pools Finance’s TVL rose to $11 million, while Virtue has gained $8.14 million. This brings its TVL to $36 million, up from $10 million in July this year. While this TVL is still smaller compared to its peers, it is moving in the right direction.

IOTA’s network is also growing in terms of transaction growth. It handled 779,900 transactions in the last 30 days, a 31% increase, indicating that users are interacting with it. 

IOTA price technical analysis

IOTA price chart: Source: crypto.news

The daily timeframe chart shows that the IOTA token formed a double-bottom pattern at $0.1420, its lowest level in April and June this year. A double-bottom is a typical bullish reversal pattern characterized by two distinct lows and a neckline, which, in this case, is at $0.2742. 

IOTA token has moved slightly above the 50-day and 100-day moving averages. The Relative Strength Index and the MACD indicators have moved sideways.

Therefore, the IOTA price will likely bounce back and possibly retest the key resistance point at $0.2742, its highest point in May, and the neckline of the double-bottom pattern. 

A move above that level will indicate further gains, potentially reaching the psychological point at $0.50, which is up 135% from the current level. A drop below the double-bottom point will invalidate the bullish forecast.



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August 18, 2025 0 comments
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Tesla's first robotaxi rides are already running into a few bumps
Product Reviews

Tesla’s first robotaxi rides are already running into a few bumps

by admin June 23, 2025


Tesla launched its robotaxi service over the weekend, with only a small number of cars and heavy human supervision on and off the road. While less impressive than previously promised, the company’s caution ultimately seems for the best — at least one robotaxi attempted to drive on the wrong side of the road, based on a video posted to X and spotted by Bloomberg.

The ride video shared by Rob Maurer is largely uneventful, with the Tesla navigating turns and lane merges with few issues. Except for around seven minutes or so into the ride, when the Tesla’s wheel starts jerking back and forth and the car briefly crosses onto the wrong side of the road. As Bloomberg notes, “a honking horn can be heard as the Tesla re-enters the correct lane over a double-yellow line, which drivers aren’t supposed to cross.”

The Tesla may have corrected itself on its own or under the influence of someone monitoring the ride remotely, but the in-car supervisor didn’t appear to do anything. That’s not the only instance of potentially unsafe driving Bloomberg spotted. Early riders have shared multiple instances of robotaxis going over the speed limit, though that might be more of a reflection of the cars driving around Tesla’s vehicles than their collective need for speed. Waymo, which also operates in Austin, strictly follows the posted speed limit as a rule.

Tesla’s Full Self-Driving system has been heavily criticized in anticipation of the company’s robotaxi launch and the eventual introduction of its Cybercab, which doesn’t have a steering wheel. Earlier in June, The Dawn Project staged a demonstration showing a self-driving Tesla plowing through child-sized mannequins eight times in a row. The company’s Full Self-Driving system is also currently being investigated by the National Highway Traffic Safety Administration over its involvement in four different crashes.



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June 23, 2025 0 comments
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Tesla’s first Robotaxi rides kick off in Austin, Texas
Gaming Gear

Tesla’s first Robotaxi rides kick off in Austin, Texas

by admin June 23, 2025


The June 22 launch of Tesla’s robotaxis in Austin, Texas, actually occurred. It’s a tentative first step for the company, however: a human “Tesla Safety Monitor” is accompanying the first riders. There are also only ten cars and rides are limited to certain Tesla users. Those early riders and influencers have been sharing their experiences on social media, mostly (surprise) on X.

Most of the early riders appear to be pro-Tesla users, with a company mention in their social media bio or a Tesla cap in their profile picture (or both), so consider these initial reactions within that context. Having said that, an autonomous car ride is… an autonomous car ride. Many livestreams show the safety monitor gripping a handle on the right side of the passenger seat, possibly with emergency controls. However, that hasn’t yet been confirmed. Many passengers attempted to talk with their safety monitors, with, er, limited success.

One user, Bearded Tesla Guy called the app “basically Uber.” Others found it challenging to summon a Tesla car from the limited pool of rides, watching multiple driverless Waymos pass them by as they waited. Austin is the place for autonomous ride testing: Waymo is scaling up its service in partnership with Uber, while Amazon’s Zoox is also testing its tech in the area.

After verifying your identity with the human safety monitor, you initiate the journey by pressing the “start ride” button. Tesla has linked the service to users’ existing profiles, allowing you to import your existing music playlists, which is a nice touch. You can also adjust your temperature settings, seat position and more from the companion app. Unlike a typical Tesla, the robotaxi has buttons to ask the car to pull over or stop in lane. There’s also the option to call support if you encounter any issues with your automated ride, although we’d assume that a human safety monitor would likely offer quicker assistance.

As the service kicked off, Tesla revealed a new robotaxi page, with all the guidelines and rules for its Robotaxis. The company also has detailed FAQs for using the service and a sign-up sheet for updates. Early access riders are being charged a flat rate of $4.20 for their journeys.

Parameters are strict, on top of the limited pool of cars. Rides have to go within a geofenced area that excludes airports and run between 6AM and midnight. At this point, we know to take Musk’s claims with a grain of salt, but the Tesla boss says the company plans to grow its taxi fleet to a thousand driverless cars on the road “within a few months.” Tesla has also said it will operate its robotaxi network using an “unsupervised” version of its self-driving software.



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June 23, 2025 0 comments
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Tesla's inaugural Robotaxi rides will have a human 'safety monitor' on board
Product Reviews

Tesla’s inaugural Robotaxi rides will have a human ‘safety monitor’ on board

by admin June 22, 2025


A select few will soon get to experience Tesla’s robotaxi service for the first time, but they won’t be alone in the car. The company plans to launch its fully autonomous ride-hailing service in Austin, Texas tomorrow, but a “Tesla Safety Monitor” will accompany the first riders, according to email invitations sent out to “Early Access Riders.” It’s unclear what capabilities the safety monitor will have, but they will sit in the front passenger seat of a self-driving Model Y.

The email outlined several parameters, including that users were limited to a geofenced area that excludes airports, could run into unavailability due to bad weather and can only hail a robotaxi between 6 am and midnight. This restrictive launch will reportedly only offer 10 cars and comes after a delay from an initial launch date on June 12.

With the official date set, Tesla will only offer its robotaxi service with its Model Y for now. This robotaxi service will lay the groundwork for an eventual Cybercab release, which isn’t expected to start production until at least 2026, according to the company. For now, Tesla’s robotaxi service will face competition from Waymo, which started offering its competiting services in March to Austin residents.



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June 22, 2025 0 comments
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Nintendo rides Switch 2 launch hype with a Donkey Kong Bananza Direct set for later this week
Game Reviews

Nintendo rides Switch 2 launch hype with a Donkey Kong Bananza Direct set for later this week

by admin June 16, 2025


Nintendo has announced a Donkey Kong Bananza direct for later this week.

It’ll be taking place on Wednesday, 18th June at 6am PT / 9am ET / 2pm UK time. According to the official Nintendo App where it was announced, the Donkey Kong direct will last only 15 minutes.

We’ve seen little bits of Donkey Kong Bananza here and there over the past few months. Back in April the game was officially revealed, alongside some gameplay which shows everyone’s favourite gorilla punching through the ground and barrelling through the open world.

Donkey Kong Bananza Hands-On Preview: Is It Good?

Check out our video preview of Donkey Kong Bananza here!Watch on YouTube

He’s got a new look too, with Shigeru Miyamoto stating that when going back to the drawing board with Donkey Kong the team developers wanted something “more expressive”. Fans eager for the game also cracked the banana-centric language seen in small clips of the game, way ahead of its release.

It goes without saying, but don’t expect any other Nintendo games to show up as part of this direct. It’s a pure Kong affair. All monkey, all monkey business. But if you’re looking for more info on a brand-new game created for the Switch 2, it sounds like an event worth tuning in for.



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June 16, 2025 0 comments
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A Minecraft Movie streams rides its Chicken Jockey to Max next week
Game Updates

A Minecraft Movie streams rides its Chicken Jockey to Max next week

by admin June 15, 2025


A Minecraft Movie follows four everyday misfits — newly orphaned siblings Henry (Sebastian Hansen) and Natalie (Emma Myers), down-on-his-luck ’80s arcade champion Garrett “The Garbage Man” Garrison (Jason Momoa), and real-estate hustler Dawn (Danielle Brooks) — as they’re pulled into the pixelated world of Minecraft. The group must learn to survive the imaginative terrain of the Overworld, face off against hostile mobs like Piglins and zombies, and team up with an expert builder named Steve (Jack Black) to find their way home.

A Minecraft Movie lands on Max June 20, with its HBO linear premiere airing the next night, Saturday, June 21 at 8 p.m. ET. An American Sign Language (ASL) version of the film will also be available exclusively on Max on the same day.



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June 15, 2025 0 comments
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