Irys

The dilution overhang of 400 percent and the supply issued figure of 20 percent are worth monitoring together, because as the remaining roughly 80 percent of tokens enter circulation the relationship between circulating supply and total supply will shift materially. The 24-hour turnover rate of approximately 5.5 percent reflects how actively the circulating supply is changing hands within a single day, and changes in that figure over time can indicate shifts in trading activity relative to the float. The price is currently 84.1 percent below the all-time high recorded 111 days ago, so tracking whether that gap widens or narrows alongside supply changes could be informative about how the market is absorbing new issuance. Because the fee model depends on actual usage of storage and execution, observing any future disclosure of fee volumes would help clarify whether the multi-revenue model is generating meaningful activity.

Written by an AI language model from the figures listed below, on 03 Sep 2026 09:22 UTC.