*Fetch.ai (FET) Gains Momentum—Could IOTA Be Next?

 **Fetch.ai (FET) Gains Momentum—Could IOTA Be Next?**  

Fetch.ai (FET) has seen significant bullish momentum after a major breakout, sparking speculation about whether **IOTA** might follow a similar trajectory. Here’s a closer look at the factors in play:  

### **Why FET is Rallying**  

1. **AI & DePIN Hype** – Fetch.ai is benefiting from growing interest in **AI-powered blockchain projects** and decentralized physical infrastructure networks (DePIN).  

2. **Breakout Above Resistance** – FET recently surged past a key consolidation phase, fueling bullish sentiment.  

3. **Ecosystem Growth** – Developments like agent-based automation and strategic partnerships are boosting investor confidence.  

### **Could IOTA Experience a Similar Surge?**  

While IOTA has flown under the radar lately, several factors suggest it could be poised for a breakout:  

#### **1. Major Technical Developments**  

- **IOTA 2.0 (Coordicide)** – The transition to a fully decentralized network by removing the Coordinator could be a game-changer.  

- **EVM Compatibility** – Integration with the Ethereum Virtual Machine will enable smart contracts, opening doors for DeFi and dApp development.  

#### **2. Institutional and Government Backing**  

- Strong involvement in **EU blockchain initiatives**, including the **European Blockchain Services Infrastructure (EBSI)** and digital identity projects.  

- Real-world partnerships, such as with **TradeMark Africa**, highlight IOTA’s utility in supply chain and IoT applications.  

#### **3. Market Trends and Price Action**  

- IOTA has been consolidating for months, mirroring FET’s pre-breakout pattern.  

- A decisive move above **$0.25–$0.30** (a critical resistance zone) could spark a strong upward trend, especially if Bitcoin remains stable.  

### **Final Thoughts**  

While **FET’s rally was driven by AI hype**, IOTA’s potential breakout could stem from **institutional adoption, EVM integration, and IOTA 2.0 progress**. If the market stays bullish and IOTA delivers on its roadmap, a surge similar to FET’s is possible.  

**Key Levels to Watch:**  

- **Support:** $0.20  

- **Resistance:** $0.25–$0.30 (breakout zone)  

- **Potential Targets:** $0.40–$0.50+ if momentum builds