IOTA's Shimmer (SMR) achieves new exchange listing SMR $SMR $IOTA
All fundamental protocol upgrades and functionality upgrades will be first made available on Shimmer to test, confirm and hasten IOTA's technical roadmap.
SMR token is the native token of the Shimmer network and will be used to settle execution fees on smart contract chains, as is the case with the upcoming ShimmerEVM chain.The IOTA ecosystem is slated to receive significant enhancements in 2023, as was previously reported. One of these is the introduction of Shimmer EVM, which aims to significantly enhance network utility for DeFi, NFTs and more, enabling value to be moved from Layer 1 to Layer 2.
The Shimmer network aspires to rank among the smart contract networks with the lowest fees for execution once the features are complete with the future ShimmerEVM launch. In other news, the partnership between Dell Technologies and IOTA to supply sustainable energy to the future's digital cities was revealed last month.
With the help of Dell's infrastructure-enabled Intelligent Security Systems , the two companies hope to revolutionize urban mobility.
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