IOTA has rebranded itself as Sovereign Digital Infrastructure, marking a significant shift in its strategic focus. Co-founder Dominik Schiener described the project as a unique Layer 1 platform aimed at facilitating global digital trade, emphasizing its lack of direct competitors and its leadership in supply chain innovation. In celebration of its 10th anniversary, IOTA is distributing 10 million tokens through airdrops, staking rewards, and community events. The project is expanding its global reach with the launch of TWIN, a new trade and logistics infrastructure network. Schiener highlighted the transition in blockchain technology from speculative uses to real-world applications. Currently, IOTA ranks 94th in market capitalization, valued at $606 million.