$IRYS Irys (IRYS) is a next-generation Layer 1 programmable datachain blockchain designed to unify onchain data storage with smart contract execution through its proprietary IrysVM. Unlike typical blockchains focused mainly on computation, Irys aims to solve the problem of expensive onchain storage by enabling affordable, scalable, and programmable data storage directly on the blockchain. Its core innovation allows stored data to interact dynamically with decentralized applications (dApps) and AI systems, supporting use cases in DeFi, NFTs, and AI-driven applications.
Irys features horizontal scaling, instant data retrieval, multi-revenue fee markets, and cost-efficient storage, establishing itself as a strong foundation for data-centric blockchain applications. As of late November 2025, IRYS trades around $0.037 with a market cap near $77 million. The project has secured significant venture funding and partnerships, highlighting institutional confidence in its technology and growth potential.
Here is an image representing Irys cryptocurrency and its blockchain technology:
This image is sourced from the official Irys website which emphasizes their vision of programmable datachains for AI and beyond.
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