According to ChainCatcher, according to RootData data, the IRISnet token (IRIS) has risen by 38.1% in 24 hours and is currently trading at $0.016.

According to RootData, a Web3 asset data platform, IRISnet is a blockchain network built on the Cosmos SDK, which gives it great interoperability within the Cosmos ecosystem through the IBC protocol (Inter-Blockchain Communication Protocol). It is designed to be the foundation for the next generation of decentralized applications. IRISnet hopes to become the infrastructure layer for end-user services and applications. A key part of this is the IRIShub project, the first blockchain on IRISNET. IRIShub is designed as an innovative solution to support as many business scenarios as possible (NFT, Coinswaps).