IOTA Gains Momentum with $10 Million Investment, Boosting DeFi & Multi-Chain Interoperability

IOTA’s recent bullish trajectory is fueled by a growing investment strategy focused on tokenization in the UAE and Africa. The DLT Foundation’s $10 million fund targets startups seeking to leverage blockchain technology for trade and tokenized assets. This initiative strengthens IOTA’s position as a key player in multi-chain DeFi, where its integration with LayerZero enables seamless cross-chain asset transfers. Technical indicators suggest continued upward momentum, with potential resistance at the $0.25-$0.30 range. Analysts speculate on a longer-term rally towards $0.80 based on an Elliott Wave theory.