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 Additionally, other wallets have withdrawn IRYS from exchanges, with a total balance exceeding $1 million.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
Bittensor founder accuses former brother of betrayal; TAO’s sudden plunge sparks 9.1 million liquidations
Bittensor co-founder Jacob Steeves accuses Covenant AI’s Simon Dare of intentionally causing damage to the agreement, leading to a sharp drop in TAO tokens. Steeves proposes a locked-staking mechanism that uses on-chain code to enforce commitments and prevent founders from making sudden, surprise exits. Even as the crisis unfolds, Bittensor’s open-source architecture can still ensure the agreement continues to operate, and it is set to hold a meeting to introduce the new mechanism.
MarketWhisper39m ago
Bloomberg strategist Mike McGlone: a crypto bear market or at the early stage, with Bitcoin potentially falling back to $10k
Bloomberg strategist Mike McGlone says the crypto bear market may be in its early stages, and Bitcoin could fall to $10k. Even though Bitcoin ETFs have matched S&P 500 ETF returns, Bitcoin ETFs have higher volatility and the valuation of underlying assets that lack real support remains elevated.
GateNews50m ago
Why is Bitcoin down today? The U.S. military blocks the Strait of Hormuz, but Iran-U.S. talks end in failure
The U.S. imposes a naval blockade on Iran, causing the U.S.-Iran nuclear talks to fall apart. Market risk sentiment intensifies, and Bitcoin drops to $71,000, with a 24-hour decline of 3.1%. Traditional market capital flows into safe-haven assets, and analysts are divided on Bitcoin’s future trend, with $70,000 support acting as a key level.
MarketWhisper1h ago
The Crypto Fear and Greed Index drops to 12, and the market is in extreme fear
Gate News message, April 13. According to Alternative.me data, today the Crypto Fear and Greed Index is 12, down further from yesterday’s 16, with the market in an “extreme fear” state. This index evaluates market sentiment across multiple dimensions, including volatility, market trading volume, social media, market surveys, Bitcoin’s share of the overall market, and Google Trends keyword analysis. The lower the number, the greater the level of fear.
GateNews1h ago
ETH 15-minute drop of 0.66%: short-term holders selling off in tandem with exchange net inflows amplifies the selling pressure
2026-04-12 22:00 to 22:15 (UTC), ETH showed a clear downward move in a highly liquid environment. The candlestick chart indicates a return of -0.66%, with price fluctuations ranging from 2186.76 to 2211.25 USDT, and a swing amplitude of 1.11%. Market attention rose rapidly, short-term sentiment turned cautious, and volatility intensified.
The main driving factors behind this unusual move are a sharp increase in exchange net inflows and concentrated selling by short-term holders. On-chain data shows that over the past 24 hours, net inflow of ETH into exchanges totaled 9,567.65 ETH, suggesting that a large amount of capital entered the market in the short term, potentially increasing selling pressure.
GateNews4h ago
CTSI Price Soars 17.57%: Institutional Interest Ramps Up
Amid a crypto market downturn, CTSI surged 17.57% to $0.03626 in an hour, driven by high trading volume and institutional interest in altcoins. Traders are now watching key support and resistance levels for future price movements.
Coinfomania5h ago
