According to ChainCatcher, according to RootData data, the IRISnet token (IRIS) has risen by 38.1% in 24 hours and is now trading at $0.016.
According to Web3 asset data platform RootData, IRISnet is a blockchain network built on the Cosmos SDK, which gives it great interoperability within the Cosmos ecosystem through the IBC protocol. It is designed to be the foundation for the next generation of decentralized applications.
IRISnet wants 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.