Airdrops turn into "shorts," with project benefits becoming cash machines for insiders. From Sahara AI and aPriori to Irys and Tradoor, newly launched altcoins have been crashing one after another—halving in a single day, dropping more than 80%, and airdrops being heavily dumped, casting a shadow of decline over the crypto space. (Previous context: Meteora airdrop trust disaster: 4 whales grabbed 28.5%, over 60,000 retail investors only shared 7%) (Background supplement: Why are ICOs dominating on-chain fundraising again? The three underlying logics defeating airdrops) Airdrops turn into "shorts," with project benefits becoming cash machines for insiders. Although the market has warmed up somewhat recently, the crypto world has still been shrouded in a lingering gloom since the "1011 crash." What's particularly notable is that a batch of newly launched altcoins seem to have all been switched to "decline mode," repeatedly experiencing dramatic crashes: halving in a single day, dropping more than 8

Layer 1 data chain Irys has officially launched, and the token IRYS has shown a wide fluctuation pattern in its initial trading, with prices fiercely oscillating between 0.009 USD and 0.052 USD. Technical indicators show that while the volume-weighted average price (VWAP) has formed short-term support, the On-Balance Volume (OBV) is still in the negative zone, reflecting that buying momentum has not yet been fully confirmed. As one of the most anticipated infrastructure projects of this cycle, Irys attempts to address the pain points of blockchain data availability through its innovative design that combines on-chain data storage and smart contract execution. However, the potential airdrop unlocking pressure in its Token economic model still brings uncertainty to the short-term price trend.

Irys was launched only a few hours ago, and its price has shown significant early trading range. It is an L1 data chain designed to integrate on-chain data storage and smart contract execution, making it one of the most anticipated projects in this cycle. Potential airdrop-style supply unlocks have also triggered early fluctuations, and the volume-weighted average price (VWAP) support level remains valid, with key price levels around $0.024 defining the first real trend after Irys's listing.

Irys: The IRYS token airdrop claim will open today at 20:00. The programmable data chain Irys announced on platform X that the IRYS token airdrop claim link is now live, with a claim period from 20:00 Beijing time on November 25 to 20:00 on December 25, and the snapshot time was November 11. In addition, Irys stated that the top 10,000 participants on Galxe will receive the airdrop; all Genesis NFT holders who completed the airdrop registration beforehand will be eligible for the airdrop.

Irys is the world’s first programmable datachain (L1 Datachain), unifying on-chain data storage and smart contract execution within a single network. Traditional smart contract chains process transactions but lack large-scale data processing tools. Irys enables smart contracts to perform hot-access, low-latency reads and process on-chain data through an EVM-compatible execution layer. Its hybrid PoW/PoS consensus integrates block production with a verifiable delay function (VDF) bound to hard disk drives.

Irys, an innovative Layer 1 programmable datachain, is positioning itself at the forefront of AI and Web3 infrastructure by offering a scalable, verifiable, and monetizable solution for on-chain data. With a focus on transforming fragmented and centralized storage into programmable assets, Irys promises to redefine the way data is used and monetized in the decentralized ecosystem.

Today's News Highlights: 1. Macro Outlook for Next Week: Probability of a December rate cut has soared to 73%, Powell's "mouthpiece" closely watches the Beige Book. 2. Strategy: BTC holdings, based on recent prices, could cover 71 years of dividend payouts. 3. Tom Lee: Strategy, which holds 650,000 Bitcoins, has become the market's preferred hedge. 4. Port3 Network exploited by hackers who used the BridgeIn vulnerability to mint additional PORT3 tokens.

Author: Ray Source: X, @RayAC1397 Abstract: Starting from the predecessor of the cloud storage track, analyze the changes in the entire track and its history, then analyze the issues of Filcoin and Arweave, and finally analyze the business model of irys and forecast the valuation after Irys TGE. Irys FDV below 300 million is considered undervalued, and whether it can maintain its position as the leader in the cloud track in the long term depends on the alignment of business and tokenomics, as well as whether the core use cases can be successfully implemented. Keywords: Cloud Storage Sector Analysis, Filcoin Business Model Analysis, Arweave Business Model Analysis, Irys Project Introduction, Valuation Forecast, Irys Strategic Analysis Text:

In the article "DataFi Project Review: From Mechanisms to Implementation, Who is Building a New Order for Data Finance? (Part 1)", Portal Labs first conducts research on the DataFi track and the OpenLedger project, attempting to outline the basic mechanisms and early implementation directions of the track. Considering the complexity of project pathways and technical logic, Portal Labs will subsequently conduct detailed research and analysis on representative projects in multiple articles. If OpenLedger's story revolves around building a DataFi business model with AI, then Irys extends another set of business logic based on storage. In Portal

Irys: Not only does it preserve data permanently, it also gives it logic and vitality. Discord characters may be key to “snatching airdrops” Interactive Tutorial Yesterday, programmable data chain Irys completed a $10 million Series A financing round, led by CoinFund, with participation from

Press Release CoinFund-Led Round Accelerates Institutional Adoption of Infrastructure For Datachains Irys, the world's first programmable datachain, today announced it has raised $10 million in Series A funding led by CoinFund, with participation from Hypersphere, Tykhe

London, United Kingdom, August 21st, 2025, Chainwire Irys, the world's first programmable datachain, today announced it has raised $10 million in Series A funding led by CoinFund, with participation from Hypersphere, Tykhe

In 2025, the Irys datachain implemented a series of updates following its alpha testnet launch. These updates reflect progress in integrations, community engagement, and network performance. Shared via the project's official X account, these updates include technical partnerships for AI and DeFi

The decentralized research platform SCAI collaborates with the data infrastructure project Irys to migrate 100TB of research data to the Irys network, promoting the sharing of research knowledge and breaking the inequalities of traditional academic publishing. SCAI utilizes Web3 and AI technologies to provide a complete research ecosystem, giving researchers more control and revenue rights, and is committed to building an open and fair research infrastructure.

Irys has reached a strategic cooperation with Warden Protocol to provide on-chain memory support for 5 million AI model users, constructing the infrastructure for intelligent application data interaction. Through Programmability of data and on-chain strong verification capabilities, Irys's technology will help optimize the performance of AI models, promoting the development of Web3 towards an AI-native direction.

It is reported that Irys officially launched Brickroad today - the first transparent data marketplace natively built on the Irys network, aimed at addressing key pain points in data procurement in the AI era and accelerating the onboarding of large-scale institutional data on-chain. In the current era of rapid AI iteration, data has become the core resource driving the advancement of models. However, in reality, data procurement still faces many challenges such as cumbersome processes, long cycles, and opaque pricing. High-quality data assets have long been idle, and there is a serious lack of data liquidity, becoming a bottleneck in the AI development chain. The birth of Brickroad is precisely to solve this structural inefficiency problem. As a key native application in the Irys ecosystem, Brickroad significantly enhances the commercialization and trading efficiency of data through standardized and procedural methods: Data Providers: Brickroad

> This article provides an objective comparison of Walrus and Irys from a technical perspective across 6 dimensions. Written by: Ponyo Compiled by: Sui Network Summary of key points 🔧 Architecture: Irys is a fully-featured integrated Layer 1 "data chain" that provides native blob (data block) access for contracts, but requires a brand new set of validation nodes. Walrus is an erasure-coded storage layer built on Sui, which is easier to integrate but requires cross-layer coordination. 💰 Economic Model: Irys adopts a single token IRYS to unify payment fees and rewards, providing a simple user experience, but with higher price volatility risks. Walrus divides its functions into two tokens: WAL (for storage) and SUI (for

Article Summary: The Crypto Assets market zone today has a market capitalization of $1.163 billion, with a pump of 4.25%. $VIRTUAL ecosystem Token performs strongly, leading the market. Important news includes @arcdotfun launching Ryzome Canvas Beta version, @HeyAnonai releasing Alpha HUD Chrome extension, Irys completing $8.7 million financing, and Solace conducting Genesis Launch on Virtuals. These projects involve AI Agent, Decentralized Finance, Blockchain, and other fields.

Kyle from Multicoin once had an 'extreme theory' that, with the development of technology, Gas fees will approach 0 indefinitely - as Solana, SUI, and other high-performance public chains and L2 solutions rise, this point of view is gradually being accepted by the market, becoming a new Consensus. In the field of on-chain data, a similar scene is also being replayed: AI, memecoin, DePIN, IP, and even NFT have brought completely different demands for the storage and processing of on-chain data. If blockchain is only used for accounting or simple token transfers, there is no need for a large amount of data throughput; but once it involves massive metadata, complex verification, or high-frequency read and write, the old infrastructure will be as inadequate as "dial-up internet access". Ethereum is a typical example. Some people have calculated that they want to store a few hundred on Ethereum.

Kyle of Multicoin once had a "crazy theory" that, with the development of technology, gas fees will approach 0 indefinitely—this point has gradually been accepted by the market as new Consensus with the rise of high-performance public chains and L2s such as Solana, SUI, etc. In the field of on-chain data, a similar scene is also being replayed: AI, memecoin, DePIN, IP, and even NFT have brought completely different demands for the storage and processing of on-chain data. If blockchain is only used for accounting or simple token transfers, there is no need for a large data throughput; but once it involves massive metadata, complex verification, or high-frequency read and write operations, the old infrastructure will be as inadequate as 'dial-up Internet'. Ethereum is a typical example. Some people have calculated that they want to store a few hundred on Ethereum.

Forks are nothing new, but many projects have debated how to fork them. This debate has also come to Arweave, an established decentralized data storage protocol. On December 18, Arweave founder Sam Williams (@samecwilliams) posted on social media that trusted sources had learned that Irys (formerly Bundlr Network), a Web3 storage solution for the Arweave ecosystem, was considering forking in an "insecure and anti-community form."