Based on Bijié Wǎng, the Irys (IRYS) mainnet launched on November 25, and its token price surged over 99% within 24 hours. The market cap rose from $54 million to over $88 million, with $65.6 million in trading volume and 11,780 holders. Despite typical airdrop-related selling pressure, the token maintained its upward momentum due to its low initial market cap. Irys is a Layer 1 blockchain that secured $18 million in funding from investors like Framework Ventures, combining low-cost storage with an EVM-compatible execution layer for scalable data services. Meanwhile, Bitcoin Hyper, a Solana VM-based Bitcoin Layer 2 blockchain, has completed a $28.4 million presale, offering 41% APY staking rewards and fast transactions.
Irys (IRYS) Token Surges 99% After Mainnet Launch
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