Analyzing IOTA’s 35% weekly surge and the challenges ahead

IOTA gained 35% over the week, boosted by a 12% rise in 24 hours. Increased development efforts and partnerships, especially in Africa, are contributing to heightened investor trust.

Community sentiment is largely bullish, with 96% of votes indicating confidence in IOTA’s short-term outlook. Technical indicators reflect strengthening momentum, but modest selling in the spot market raises some concerns.