$IRIS
IRISnet (IRIS) Explodes +586% in 24h: Massive Surge Sparks Interchain Hype! 🚀
#MarketRebound IRIS is the novel token of Cosmos, a a software development kit (SDK)-based blockchain.
This serves as an interchain service hub for next-gen business decentralised applications (dApps), supporting Inter-Blockchain Communication Protocol (IBC), Ethereum Virtual Machine (EVM), Non-Fungible Token (NFT), and iService modules for seamless cross-chain data and asset flow.
With more than six years of experience, IRISnet targets small and medium businesses with decentralised services through Tendermint Delegated Proof-of-Stake (dPoS) consensus.
IRIS is used in a number of ways. It plays a great role in governance, fees as well as staking.
As of this publication, the crypto token was trading for $0.005981. It had made gains of approximately 586% in the past 24 hours up to the time of this publication.
Project's market cap stood at $9.74M and 24h volume was $113K.
Overall, the circulating supply was 1.63B out of a total supply of 2.14B.
Many analysts believe that primary drivers include speculative momentum and community hype amid broader Cosmos ecosystem buzz.
Cosmos has braced itself for 2026 and looks forward to broadening its ecosystem with IRIS playing a crucial role.
