IOST Surges 195.36% in 24 Hours on Network Upgrade and Ecosystem Expansion

On SEP 8 2025, IOST rose by 195.36% within 24 hours to reach $0.003331, IOST rose by 118.15% within 7 days, rose by 204.71% within 1 month, and dropped by 4762.43% within 1 year.

A recent network upgrade introduced multi-chain interoperability, allowing seamless cross-chain transactions and smart contract execution across multiple blockchain environments. The upgrade enhanced the platform's scalability and reduced transaction fees, triggering renewed interest in the IOST token.

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The IOST development team also announced the expansion of its decentralized identity (DID) framework, enabling users to manage personal data securely and transparently. This move aligns with growing global interest in self-sovereign identity solutions and positions IOST as a key player in the digital identity space.

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Technical indicators suggest a strong upward trend following the upgrade. The Relative Strength Index (RSI) crossed above the 50 threshold, and the Moving Average Convergence Divergence (MACD) showed positive divergence, reinforcing the bullish momentum.

Backtest Hypothesis

To evaluate the sustainability of the recent surge, a backtesting strategy was applied using historical on-chain and price data. The strategy focused on leveraging the RSI and MACD indicators to identify potential entry and exit points in the IOST price movement. A long position was triggered when the RSI crossed above 40 and the MACD line crossed above the signal line, with an exit rule set for when the RSI crossed below 60 or the MACD line crossed below the signal line.

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