Ika (IKA) Price Prediction

By CMC AI
21 September 2025 11:06PM (UTC+0)

TLDR

IKA’s price faces a tug-of-war between technical innovation and tokenomics risks.

  1. Token Unlocks (Bearish) – 70% of supply remains locked, risking dilution post-2026.

  2. Mainnet Adoption (Bullish) – Cross-chain dWallets gaining traction with Sui ecosystem projects.

  3. MPC Innovation (Mixed) – REFHE encryption upgrade could boost utility but faces adoption hurdles.

Deep Dive

1. Token Unlocks & Inflation Risks (Bearish Impact)

Overview:
70% of IKA’s 10B total supply is locked until 2026, including 46% community treasury and 23% early contributors. Initial circulating supply is 3B (30%), but protocol-controlled minting for staking rewards introduces long-term inflation.

What this means:
Post-2026 unlocks could flood the market, suppressing prices if demand doesn’t scale proportionally. The 30d price drop (−7.68%) already reflects near-term dilution concerns from recent exchange listings. Historical data shows similar tokens often struggle during unlock phases (Ika Tokenomics).

2. Sui Ecosystem Integration (Bullish Impact)

Overview:
Ika’s mainnet launch (July 29, 2025) enabled Sui smart contracts to natively manage assets on Bitcoin, Ethereum, and other chains via dWallets. Partnerships with 8+ Sui projects like Rhei Finance and Native are live, driving fee demand for IKA.

What this means:
Every cross-chain transaction burns IKA, creating deflationary pressure. If Sui’s TVL grows (currently $86M post-IKA launch), demand could offset inflation. The 60d price surge (+23.54%) aligns with initial mainnet hype (CoinMarketCap).

3. Cryptographic Breakthroughs (Mixed Impact)

Overview:
dWallet Labs’ REFHE encryption (announced Aug 13, 2025) enables CPU-like operations on encrypted data, potentially reducing Ika’s MPC network latency by 20×. However, integration into 2PC-MPC protocol is untested at scale.

What this means:
Successful implementation could attract institutional DeFi users, but delays or bugs might erode confidence. The RSI (31.14) suggests oversold conditions, but MACD divergence warns of continued bearish momentum (Technical Analysis).

Conclusion

IKA’s trajectory hinges on whether Sui ecosystem growth outpaces token supply inflation. Watch the SUI/IKA fee burn ratio – a rise would signal sustainable demand against upcoming unlocks. Can Ika’s cross-chain utility offset its ticking tokenomics time bomb?

CMC AI can make mistakes. Not financial advice.