On 25 October 2026 IOTA traded at about $0.043, with a market capitalisation of roughly $201 million (CoinMarketCap and CoinGecko). That is more than 99% below its December 2017 peak, and about 37% above the all-time low of $0.0311 it set on 31 July 2026. Nobody can reliably say where IOTA goes next. The two forecast models we checked today disagree on direction: one projects $0.12–$0.18 for 2026, the other $0.040 by year-end. Neither has a track record you should rely on. What can be checked is what IOTA's network does now, how its supply grows, and what its own foundation is betting on.
IOTA at a glance (25 October 2026)
| Metric | Figure | Source |
|---|---|---|
| Price | ~$0.0428 | CoinMarketCap, CoinGecko |
| Market cap | ~$201 million | CoinMarketCap, CoinGecko |
| Circulating supply | ~4.70 billion IOTA | CoinMarketCap, CoinGecko |
| All-time high | $5.69 on 19 Dec 2017 (CoinMarketCap); CoinGecko lists $5.25 | CoinMarketCap, CoinGecko |
| All-time low | $0.0311 on 31 Jul 2026 | CoinMarketCap |
| Maximum supply | None (no fixed cap) | IOTA documentation |
The two data sites record different all-time highs because they aggregate different markets. CoinMarketCap's page also lists total supply (4.6 billion) below circulating supply (4.7 billion), which is inconsistent. Treat supply figures as approximate.
The newest developments
Q3 2026: faster consensus, foundation focused on trade
The IOTA Foundation's Q3 2026 progress update, published 13 October 2026, covers July to September:
- Starfish-Speed went live on mainnet in September 2026. When conditions allow, validators commit a block one round earlier, so transactions finalise sooner. It followed Starfish, the consensus protocol that went live on mainnet on 23 April 2026.
- Node sync is 2.6 times faster, and public API endpoints are now rate-limited to 100 requests per second per IP.
- Pyth Pro price feeds are connected to IOTA L1. Pyth Core was retired on 18 August 2026.
- INCUCAI, Argentina's national organ-transplant authority, moved onto IOTA Mainnet with Extrimian. INCUCAI and all 24 provincial agencies hold verifiable digital identities, and no patient data is stored onchain.
- TWIN, the foundation's trade-data network, now aligns its document extraction with UN/CEFACT standards. The foundation says trade finance and payment features on IOTA L1 are still in development.
Q2 2026: restructuring around TWIN
The Q2 2026 update (1 July 2026) says the foundation is "fully focused on supporting and scaling TWIN." It merged its engineering, research, design and product teams into one pipeline for trade adoption. The same report lists:
- Kenya: work with TradeMark Africa on a commercial model for the trade infrastructure.
- United Kingdom: five core signatories secured for an International Supply Network Memorandum of Understanding, with legal preparation for pilots under way.
- ADAPT: implementation started with pilots in the first three countries, named in a 19 May 2026 post as Kenya, Nigeria and Morocco.
For price, this matters because the foundation has tied IOTA's future to government and trade adoption, not retail DeFi. Trade-infrastructure deals move slowly, and none of the reports above includes revenue or transaction-volume figures.
What IOTA is today
IOTA started in 2015–2016 as a feeless ledger for machine-to-machine payments, built on a structure called the Tangle. The network has since been rebuilt twice:
- Stardust (live 4 October 2023). Total supply went from about 2.78 billion to 4.6 billion IOTA. The new tokens went to the IOTA Foundation, the Tangle Ecosystem Association, a UAE entity, contributors and an airdrop, on vesting schedules. The SI prefixes were dropped, so the ticker changed from MIOTA to IOTA. Some venues may still show MIOTA.
- Rebased (migration began 5 May 2025). IOTA became a Delegated Proof-of-Stake Layer 1 with Move smart contracts. The 4.6 billion tokens migrated without action from holders. Decimals changed from 6 to 9, and migrated balances were multiplied by 1,000. At genesis the network had 13 validators: the IOTA Foundation and 12 others. The design allows up to 150 permissionless validator slots. Before launch, the foundation cited 50,000+ TPS and sub-second finality as design targets. These are its own figures, not independent measurements. The IOTA EVM continues as a Layer 2.
Supply and staking: the number that pressures price
IOTA has no fixed maximum supply. The protocol mints 767,000 new IOTA per epoch as a validator subsidy, and part of every transaction's computation fee is burned. Net supply therefore depends on whether burning keeps pace with issuance. Before launch, the foundation targeted 6–7% initial annual inflation and estimated 10–15% staking APY.
Our own arithmetic, not an official figure: staking provider Kiln says epochs last roughly 24 hours. At that length, issuance is about 280 million IOTA a year, around 6% of 4.6 billion. Holders who do not stake are diluted. Kiln also quotes a gross staking rate of roughly 10–15%, before validator commission. We could not verify a live network-wide APY or the share of supply currently staked.
What would an IOTA price target take?
Enter a price per IOTA to see the market cap it implies at today's supply, and how many times today's value that is.
| Price per IOTA you want to test | Circulating supply | Today's market cap (25 October 2026) | Implied market cap as a multiple of today's |
|---|---|---|---|
| 1 $ | 4.7 billion IOTA | 201 $ million | 23.4 x |
| 0.1229 $ | 4.7 billion IOTA | 201 $ million | 2.9 x |
| 5.69 $ | 4.7 billion IOTA | 201 $ million | 133 x |
- The test price is your own input; 0.1229 is PricePrediction.net's 2026 minimum and 5.69 is the December 2017 all-time high on CoinMarketCap, shown only for scale.
- Supply and market cap are approximate figures from CoinMarketCap and CoinGecko on 25 October 2026; IOTA has no fixed maximum supply and mints 767,000 IOTA per epoch, so you can raise the supply to see how dilution lifts the required market cap.
This is arithmetic on supply and price only: it does not predict whether any price is reachable, and it leaves out fee burning, staking rewards and changes in demand.
What forecast models say
We checked two widely read algorithmic forecast sites on 25 October 2026:
| Model | 2026 | 2027 | 2030 |
|---|---|---|---|
| PricePrediction.net (updated 25 Oct 2026) | $0.1229 – $0.1769 (avg $0.1499) | $0.0603 – $0.0799 | $0.1473 – $0.2035 |
| CoinCodex (25 Oct 2026) | $0.040 by year-end | ~$0.027 (Dec 2027 average) | ~$0.020 |
These numbers show why such forecasts deserve little weight:
- PricePrediction.net's 2026 minimum is almost three times today's price, with nine weeks of the year left.
- Its 2027 range sits below its own 2026 and 2028 ranges.
- CoinCodex extends recent price action and technical signals (5 bullish versus 27 bearish on the day) forward, so it projects further decline.
Both sites say they build forecasts from historical price data and technical indicators. Neither models adoption, supply or the foundation's plans.
Will IOTA reach $1?
At today's circulating supply of about 4.7 billion tokens, $1 per IOTA means a market cap of about $4.7 billion. That is roughly 23 times today's value. Supply also grows with every epoch, so the required market cap rises over time unless fee burning offsets issuance. IOTA last traded above $1 in 2018. Nothing in the foundation's 2026 reports, such as pilots, MoUs and protocol upgrades, comes with usage or revenue figures large enough to support that kind of re-rating on its own.
What would move the price
Upside drivers to watch
- ADAPT moving from pilots in Kenya, Nigeria and Morocco to live trade volume. ADAPT's own projections include "over $70 billion in additional annual trade" for Africa by 2035. That is a programme-wide goal, not IOTA revenue.
- TWIN's UK pilots starting under the International Supply Network MoU.
- Trade finance and payment features reaching IOTA L1, which the foundation says are in development.
- A broader crypto-market recovery. Small-cap tokens tend to follow it.
Downside risks
- A new all-time low in July 2026, despite two years of upgrades.
- Uncapped issuance of 767,000 IOTA per epoch, which dilutes holders who do not stake.
- Concentration on a single strategy (TWIN) after the 2026 restructuring.
- Thin trading: CoinGecko showed about $3.9 million in 24-hour volume on 25 October 2026.
- Ecosystem attrition: Pyth Core, an oracle service used by DeFi apps, was retired on IOTA on 18 August 2026.
FAQ
Is IOTA the same as MIOTA?
Yes, as a ticker. After the Stardust upgrade on 4 October 2023 the prefixes were dropped and the symbol changed from MIOTA to IOTA. Rebased later changed decimals from 6 to 9.
Can IOTA be staked?
Yes. Since Rebased, holders can delegate to validators. Rewards accrue only for epochs in which the stake was active for the whole epoch, and the validator's commission reduces them. The 10–15% APY figure is the foundation's pre-launch estimate and a staking provider's gross quote. We could not verify a live network rate.
What is IOTA's all-time high and low?
The high was $5.69 on 19 December 2017, per CoinMarketCap (CoinGecko shows $5.25). The low was $0.0311 on 31 July 2026.
Who is behind ADAPT?
The African Continental Free Trade Area Secretariat leads it, in partnership with the IOTA Foundation, the Tony Blair Institute for Global Change and the World Economic Forum. It is built on TWIN.
Limitations: the network and ecosystem facts come mainly from the IOTA Foundation's own reports and documentation, the market figures change by the minute, and none of this is investment advice.
