Gate News Bot Message, January 05, According to CoinMarketCap data, at the time of press, IRYS (Irys) is trading at $0.04, up 17.96% in the past 24 hours, reaching a high of $0.04 and a low of $0.02. The 24-hour trading volume is $21.1 million. The current market cap is approximately $74 million, an increase of about $11.3 million from yesterday.
Irys is the first programmable data chain designed for AI and more application scenarios. Unlike other data networks that only store data, Irys offers faster and cheaper services, equipped with a native execution layer to make data programmable. Data on Irys can embed instructions, be retrieved instantly, and shared across applications, enabling developers to build on-chain services, unlock new value from shared data, all at a fraction of the cost of traditional solutions.
Irys features high performance, cost efficiency, and composable utility. On-chain data should be faster, cheaper, and more powerful. Irys achieves this by reducing retrieval costs, unlocking programmable data, and enabling on-chain services previously impossible. Storage should not come with unpredictable costs. Irys is cheaper than Web2 cloud storage and Web3 alternatives, adopting a stable pricing model to eliminate volatility fees. Developers can embed instructions directly into data, allowing it to execute transactions, automate AI workflows, enforce ownership, trigger smart contracts, and more.
Important recent news about IRYS:
1️⃣ Institutional accumulation signals continue
Over the past week, multiple wallets have continuously accumulated IRYS tokens from exchanges, totaling over $500,000. Three days ago, these tokens were consolidated into a single wallet, which now holds IRYS tokens worth $1.1 million. Additionally, other wallets have withdrawn IRYS from exchanges, with a total balance exceeding $1 million. Large funds transferring from exchanges to on-chain wallets often indicate market participants’ optimistic outlook on the upcoming trend.
2️⃣ Increased concentration of holdings
Tokens from multiple independent wallets have ultimately been consolidated into a single address, indicating major holders are building more concentrated positions. This kind of accumulation often suggests market participants may be preparing for subsequent actions and also strengthens price support.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes
Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%.
The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours.
On March 12, Polkadot will reset
CryptoNewsFlash2h ago
Bitcoin May Be Closer to a Bottom Than Most Think, Chart Signals
The Bitcoin price slipped about 2% today, trading slightly below $68,000 after pushing above $73,000 earlier this week, as already covered on our site. The move added fresh pressure to a market that still feels shaky, especially after several failed attempts to hold higher levels.
Still, not e
CaptainAltcoin3h ago
Dogecoin Monthly Breakdown Pattern Reappears as Price Tests $0.0918
Dogecoin is currently trading at $0.09205 at a gain of 2.3, with support of above $0.08878.
As can be seen in the monthly chart, there are recurring breakdown areas that have been followed by significant expansions in price.
The short-term trading range is narrow and the immediate point o
CryptoNewsLand3h ago
Solana Eyes $90.6 Trigger Point as $83 Support Holds and Liquidation Pressure Builds
A large cluster of short positions faces liquidation if SOL reaches $90.6, potentially increasing volatility.
SOL trades between $83.00 support and $89.58 resistance, keeping price action compressed in the short term.
SOL posts a 0.8% daily gain and rises 0.7% against BTC, holding
CryptoNewsLand3h ago
Crypto Market Plunges As Extreme Fear Controls Investor Sentiment
The global crypto market is notably bearish, with a 2.93% drop in market capitalization to $2.32T. Bitcoin and Ethereum saw decreases of 3.07% and 4.01%, respectively. Meanwhile, notable gainers include $XBTC, $TRUMP, and $PEPE. DeFi TVL and NFT sales also declined significantly, while key investments from YZi Labs and Kazakhstan's central bank emerged.
BlockChainReporter3h ago
HBAR at a Crossroads: Will $0.095 Support Trigger a Break Toward $0.106?
HBAR is trading at $0.09739 and above the S/R flip of $0.094-$0.096 in the 12H chart.
The nearest resistance will be at $0.10 with a falling trendline pressure at around $0.104-$0.106.
The support is at $0.095835 and a breakdown at the
CryptoNewsLand4h ago
