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Market

Market stats

Market cap

$45.7M

Volume (24h)

$2.6M

Circulating supply

1.6B IRIS

All time high

$0.32

Price change (1h)

-2.36%

Price change (24h)

-11.22%

Price change (7d)

-25.48%

About IRISnet

IRISnet (IRIS) is a protocol designed to be the foundation for next-generation applications. IRISnet permits token transfers across multiple blockchain networks. The main goal of IRISnet is to deliver a blockchain-based open network to small and medium companies that are offering a wide variety of services.

As per its whitepaper, blockchain technology is still in its early stages. As with any new technology, there are defects. These include narrow performance and unstructured governance mechanisms. Presently, these defects make it challenging for blockchains to assist real-world distributed business collaboration. IRISnet intends to improve the current blockchain technology and make it feasible to allow businesses to provide their services and earn rewards in an open network. 

IRIS network is developed on top of Cosmos and Tendermint to solve the problems around existing blockchain networks. Cosmos is a network of multiple independent blockchains, called zones. Each zone is powered by the Tendermint protocol, which provides a high-performance, consistent, and secure engine, allowing a hold over malicious behaviours within the network.

IRIS is the native fee token for all transactions on IRISnet. One of the benefits for IRIS token holders is that holders participate in governance by creating and voting for governance proposals. Furthermore, there are two types of tokens expected to support IRISnet's operation: 

News about IRISnet

BeInCrypto • Apr 13, 24

US Senator Elizabeth Warren Could Lose Her Seat to Crypto

Deaton's campaign has garnered significant support from influential figures in the crypto industry, including Brad Garlinghouse, Chris Larsen, and Charles Hoskinson.The post US Senator Elizabeth Warren Could Lose Her Seat to Crypto appeared first on BeInCrypto.

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Blockworks • Apr 13, 24

Web3 Watch: Sui unveils handheld Web3 gaming device

Plus, a Bored Ape burger restaurant closes, and Crypto: The Game presses on

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Bitcoin Magazine • Apr 13, 24

How did Satoshi Think of Bitcoin?

Unchained CSO Dhruv Bansal explores the principles and history that led to Bitcoin's creation and asks the question: "what hath Satoshi wrought"?

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Unchained • Apr 13, 24

Why (Almost) Everyone in Ethereum Is So Excited About a Wallet-Related Proposal

Ethereum Improvement Proposal (EIP) 3074 will go live during Ethereum’s next hard fork, dubbed ‘Pectra,’ and many in the Ethereum community are very excited that it’s finally coming to fruition.  Initially proposed by Ethereum researchers Sam Wilson, Ansgar Dietrichs, Matt Garnett, and Micah Zolt...

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The Block • Apr 13, 24

Bitcoin’s halving countdown continues with one week to go

The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block subsidy dropping from 6.25 to 3.125 BTC.

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Unchained • Apr 12, 24

Bitcoin Miners Diversify Their Revenue Streams as Halving Nears

With bitcoin halving scheduled to occur at the end of next week, bitcoin mining operators have been steadily developing revenue diversification plays designed to offset pending losses from reduced block rewards.  The going has been good for miners as of late, with pools marking a record revenue h...

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IRISnet is on the decline this week.

The price of IRISnet has decreased by 2.36% in the last hour and decreased by 11.22% in the past 24 hours. IRISnet’s price has also fallen by 25.48% in the past week. The current price is $0.0284 per IRIS with a 24-hour trading volume of $2.62M. Currently, IRISnet is valued at 91.06% below its all time high of $0.32. This all-time high was the highest price paid for IRISnet since its launch.

The current circulating supply of IRISnet is 1,610,156,839.096 IRIS which means that IRISnet has as total market cap of 1,610,156,839.096.

FAQ

What is the current price of IRISnet?

We update our IRISnet to USD currency in real-time. Get the live price of IRISnet on Coinbase.

What is the market cap of IRISnet?

The current market cap of IRISnet is $45.74M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of IRISnet?

The all-time high of IRISnet is $0.32. This all-time high is highest price paid for IRISnet since it was launched.

What is the 24 hour trading volume of IRISnet?

Over the last 24 hours, the trading volume of IRISnet is $2.62M.

What other assets are similar to IRISnet?

Assets that have a similar market cap to IRISnet include Celsius, Metacraft, FirmaChain, and many others. To see a full list, see our comparable market cap assets.

How many IRISnet are there?

The current circulating supply of IRISnet is 1.6 billion.

Can I buy IRISnet on Coinbase?

Yes, IRISnet is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy IRISnet guide.

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