IQ Network Transition by Upbit
Category: Exchange Upbit has completed the transition of the IQ Network from Vaulta (EOS blockchain) to the Ethereum blockchain. This network migration event was critical and supported by Upbit, which has been instrumental in helping IQ build its Korean community since its launch in 2018. The transition event was marked by a suspension of IQ token activities starting from 3:00 a.m. UTC on September 24, 2025, to ensure a seamless switch. This migration reflects a strategic enhancement for IQ, leveraging Ethereum's wider ecosystem. Recent News In the past three months, the IQ project has focused on this significant network transition, coordinating closely with Upbit to support the community and ensure a smooth migration process. The transition demonstrates the project’s commitment to leveraging stronger blockchain infrastructure for scalability and broader adoption. Future Plans Post-transition, IQ will continue developing its ecosystem on Ethereum, focusing on community growth, enhanced token utility, and integration with Ethereum-based DeFi and NFT platforms. The move aims to position IQ for long-term growth and increased participation in the global blockchain space. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed to positive — The community acknowledges Upbit's role in facilitating the transition and appreciates the strategic move to Ethereum. Some concerns remain about the suspension period and the transition process but overall optimism about improved network capabilities. Sample reactions from X (Twitter): - "IQ transitioning to Ethereum is a big step. Thanks to Upbit for making it smooth." - "Suspension period was a bit stressful but necessary for the upgrade." - "Looking forward to seeing IQ grow on Ethereum!" Risk Disclaimer This network transition could impact the IQ token price due to migration risks, temporary suspension, and changes in tokenomics or exchange liquidity. Investors should stay informed and monitor developments closely. Sources used https://x.com/IQAICOM/status/1975242188645933315 https://coinstats.app/news/f2c2627b148b35041acae641ecf92981322067e97e2e86623dec4704ed91ff42_Upbit-IQ-Suspension-Crucial-Steps-for-a-Seamless-Network-Transition https://x.com/navv96
IQ
October 6