IoTeX v2.2.0 Hardfork
The hardfork, set for block 36,893,881 (ETA: 01:28 UTC), halves block time from 5 to 2.5 seconds, potentially making IoTeX one of the fastest EVM-compatible Layer 1 blockchains [IoTeX Official Twitter, 2025-06-12]. All nodes must upgrade to v2.2.0 to stay synced, with no config changes needed—just a simple restart with the new image [IoTeX GitHub, 2025]. This upgrade also introduces System Staking v3, phasing out v2, which could enhance staking rewards and network security. The purpose? To boost transaction speed, reduce latency, and support IoTeX’s growing ecosystem of IoT devices. For users, this means faster dApp interactions and potentially higher efficiency for DePIN projects like Pebble trackers.Recent NewsIoTeX has been on a roll in 2025. In April, the project hit a milestone with over 50,000 Pebble trackers deployed globally, showcasing real-world adoption [IoTeX Blog, 2025-04-24]. This aligns with its focus on bridging IoT and blockchain, a trend gaining traction amid the DePIN boom. Additionally, a June 13 price prediction from Changelly noted IoTeX’s bullish daily chart, with a rising 50-day moving average, hinting at market optimism [Changelly, 2025-06-13]. These developments underscore IoTeX’s momentum heading into the hardfork.Future PlansPost-upgrade, IoTeX aims to expand its DePIN infrastructure, targeting integration with more IoT devices and partnerships with enterprises in logistics and smart cities [IoTeX Roadmap, 2025]. The team also plans to refine governance and tokenomics, building on 2023’s liquid staking initiatives [IoTeX AMA, 2023]. This roadmap positions IoTeX as a scalable, privacy-centric blockchain for the Internet of Trusted Things.Onchain DataSpecific onchain metrics like current staking volume or transaction fees for June 2025 aren’t fully available yet, but historical data from Staking Rewards shows IoTeX’s privacy-focused platform has maintained a steady block time of 5 seconds [Staking Rewards, 2024]. The halved block time post-upgrade could drive a surge in transaction volume, a key metric to watch.Community SentimentX reactions are buzzing with excitement. Users like @jenny7641291022 call IoTeX a “DePIN goat on fire” for its speed boost, while @Streamr praises the no-config upgrade as “actual dev respect” [X Posts, 2025-06-12]. Influencers and DePIN enthusiasts are hyping the potential to outpace competitors like Ethereum sidechains, though some caution about network stability during the transition.Additional InsightsWith DePIN gaining traction—projected to hit a $4B market by 2027 [Crypto Research Report, 2025]—IoTeX’s upgrade could attract new users and investors. Competitors like Helium are also upgrading, but IoTeX’s EVM compatibility gives it an edge for Ethereum developers. Users benefit from lower latency and staking upgrades, though early adopters should monitor node sync issues post-fork.Risk Disclaimer: As with any upgrade, minor network disruptions are possible. Ensure nodes are updated and double-check official sources.
IoTeX
June 19