Will IOTA Reach $10? Our 2023 IOTA Price Forecast Checked Against Reality

Update 25 September 2026: The forecast in this article from May 2023 did not come true. IOTA closed August 2023 at $0.156 on Binance, below the predicted range of $0.22 to $0.35, and on 25 September 2026 it trades at about $0.049. IOTA has since moved to a new proof-of-stake network called IOTA Rebased. The original analysis follows below as a dated snapshot, with the outcome added.

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Will IOTA reach $10? The short answer in 2026

At today's price, IOTA would have to rise roughly 200-fold to reach $10. Its all-time high is $5.25 from 18 December 2017, according to CoinGecko, so even its best day in the 2017 bull market was only about half of that target. Since this article was written in May 2023, the highest monthly high on Binance was $0.63 in December 2024. IOTA's market capitalization is now around $230 million, which puts it at rank 171 on CoinGecko, down from rank 82 in May 2023.

Our current outlook for the coin, updated regularly, is on the IOTA price prediction page.

How did IOTA trade in the first half of 2023?

IOTA suffered heavy losses in the 2022 bear market. On Binance, it closed December 2021 at around $1.37 and December 2022 at around $0.17. The start of 2023 brought a recovery: by mid-February, the price had climbed back above $0.26.

After that rally, IOTA pulled back to about $0.19 in March, recovered to $0.23 in April and slipped to around $0.18 in May, when this article was written. Measured against the start of the year, the price was only about 10% higher, and the outlook for the following months was very uncertain.

Could the once-written-off project come back?

IOTA drew a lot of attention in the 2017 bull market, when the price rose above $5. It never came close to those levels again. Slow development and internal conflicts within the IOTA Foundation weighed on the project, and by May 2023 IOTA had dropped from the top ten to rank 82 by market capitalization.

At the same time, 2021 to 2023 were the most productive years for development since 2017. The IOTA Foundation worked on Coordicide, also called IOTA 2.0, to remove the central coordinator from the Tangle and decentralize the network. The Shimmer network added smart contracts through a connection to the Ethereum Virtual Machine. According to the developers, 5,000 smart contracts were created and 6.4 million transactions completed on the Shimmer EVM test network.

What changed for IOTA after 2023?

The biggest change came on 5 May 2025. With the IOTA Rebased mainnet upgrade, the network moved from the old Stardust ledger to a proof-of-stake network run by validators, with Move-based smart contracts on the base layer and staking for token holders. According to the IOTA Foundation, the network launched with 13 validators and was designed to grow to 150, and holders did not have to migrate their tokens manually.

The price did not follow the technology. After a spike to $0.63 in December 2024, IOTA fell back below $0.10 in December 2025 and traded between $0.03 and $0.05 in July and August 2026.

What did we forecast for summer 2023, and how did it turn out?

In May 2023 we expected IOTA to benefit if the overall crypto market recovered, while warning that expectations should not be set too high. Our forecast was a price range of $0.22 to $0.35 for the end of August 2023.

The market did not deliver. IOTA fell to a low of $0.132 in August 2023 and closed the month at $0.156, below the bottom of our range. The recovery we expected came later: in December 2023, IOTA reached $0.37 and briefly traded inside and above the forecast range, four months after the target date.

Which factors could still move the IOTA price?

The factors that matter for IOTA have not changed much since 2023: real adoption of the network and partnerships, technical progress after the Rebased upgrade, market sentiment and, above all, the direction of the overall crypto market. Without a broad bull run, a large move in a small-cap altcoin like IOTA is unlikely. Prices of the largest coins for comparison are on our crypto prices overview, and our guide explains how blockchains work.

Conclusion

The question in the title was a long shot in 2023 and is an even longer one today. IOTA delivered a major technical overhaul with Rebased, but its price is lower than when this article was written, and $10 remains roughly 200 times the current level. Anyone following IOTA should judge it by network use, not by a round-number price target.

FAQ

Will IOTA reach $10?

A price of $10 would require a gain of about 200-fold from $0.049 on 25 September 2026, and it would be almost double IOTA's all-time high of $5.25. Nothing in the market data points to that.

What is IOTA's all-time high?

IOTA reached its all-time high of $5.25 on 18 December 2017, according to CoinGecko.

What is IOTA Rebased?

IOTA Rebased is the upgrade that went live on 5 May 2025. It turned IOTA into a proof-of-stake network secured by validators, with Move-based smart contracts and staking.

Was the 2023 forecast correct?

No. We expected $0.22 to $0.35 for the end of August 2023, and IOTA closed the month at $0.156.