IRYS (Irys) up 11.56% in 24 hours

According to Gate News Bot, as of December 9th, citing CoinMarketCap data, IRYS (Irys) is currently trading at $0.04, up 11.56% in 24 hours, with a high of $0.04 and a low of $0.03. The current market cap is around $76.7 million, an increase of $7.95 million compared to yesterday.

Irys is the first programmable data chain designed for AI and more application scenarios. The platform features high performance, cost efficiency, and programmable data as its core attributes. Compared to other data networks that only store data, Irys offers faster and cheaper services, with a native execution layer that makes data programmable. Data on Irys can be embedded with instructions, instantly retrieved, and shared across applications, enabling developers to build on-chain services that leverage each other’s data and unlock new value. The platform boasts three key advantages: high performance, cost efficiency, and programmable data, with all functionalities costing only a fraction of traditional solutions. Irys is a utility network that enables permissionless collaboration of on-chain services through its storage and execution capabilities. Projects can launch new tools on Irys, and the entire ecosystem can integrate with its data layer, creating a shared foundation for AI and more use cases.

Recent Important Updates on Irys:

1️⃣ Innovative Programmable Data Chain Technology As the first programmable data chain designed for AI and multiple application scenarios, Irys has achieved a significant breakthrough in technical architecture. The platform integrates three core advantages: high performance, cost efficiency, and programmable data. Its native execution layer allows data to not just be stored but also to be processed programmably. This differentiated technology position provides clear performance and cost advantages over traditional data networks, attracting market attention to its application potential.

2️⃣ Expansion of AI Application Ecosystem Irys is clearly positioned specifically for AI application scenarios, creating a shared foundation for AI and more use cases. Its features—data embedding with instructions, instant retrieval, and cross-application sharing—enable developers to build on-chain services utilizing each other’s data. This is highly significant for data collaboration in the AI era, creating new value extraction opportunities for ecosystem participants.

3️⃣ Cost-Effectiveness Driving Adoption The cost of all functionalities is only a fraction of traditional solutions, laying the foundation for Irys’ market competitiveness. In an environment where data storage and processing costs are generally high, Irys’ economic model makes it easier to gain recognition from developers and ecosystem participants, helping to expand the network’s scale and application range.

This message does not constitute investment advice. Please be aware of market volatility risks when investing.