RootData: The IRISnet token (IRIS) has increased by 38.1% in the last 24 hours.

ChainCatcher news, according to RootData data, the IRISnet token (IRIS) has increased by 38.1% in the last 24 hours, currently priced at $0.016.

According to the Web3 asset data platform RootData, IRISnet is a blockchain network built on the Cosmos SDK, which grants it significant 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 aims to be the infrastructure layer for end-user services and applications. One key component is the IRIShub project, the first blockchain on IRISNET. IRIShub is designed as an innovative solution to support as many business scenarios as possible (NFTs, Coinswaps).