IRON (Iron Fish) rose 64.21% in 24 hours

Gate News Bot news, on October 13, according to CoinMarketCap, as of the time of writing, IRON (Iron Fish) is currently reported at 0.36 USD, having risen 64.21% in the last 24 hours, with a peak of 1.14 USD and a low of 0.15 USD, and a 24-hour volume of 4.2 million USD.

Iron Fish is a zero-knowledge Layer-1 blockchain that provides optional privacy protection for assets on the transparent chain. It supports multi-asset trading, which means that any crypto asset can be imported into the Iron Fish network for private transactions with the support of bridge providers. The token economics of Iron Fish is designed to promote community participation and secure the network, with a capped token supply and strategic allocations to reward early contributors.

Important news about IRON recently:

1️⃣ MoonPay acquires Iron, transaction value exceeds 100 million On March 13, 2025, the cryptocurrency payment infrastructure provider MoonPay announced the acquisition of the stablecoin infrastructure platform Iron. The value of this transaction reached at least $100 million, highlighting the market's high recognition of Iron's technology, which is expected to drive the rise in the value of the IRON token.

2️⃣ Base network acquires Iron Fish team,布局隐私技术 The Ethereum Layer 2 network Base has acquired the Iron Fish team with the aim of developing privacy-preserving primitives. This strategic move highlights Iron Fish's expertise in the field of privacy technology, which may enhance market confidence and recognition of the IRON project.

3️⃣ MoonPay strategic expansion continues to advance MoonPay has not only expanded its influence in the stablecoin infrastructure sector through the acquisition of Iron, but it has also laid the foundation for the future development of the Solaxy project. This series of strategic layouts may indirectly enhance the status and attractiveness of the IRON token in the cryptocurrency market.

From a technical perspective, Iron Fish, as a Layer-1 blockchain focused on privacy protection, demonstrates its technological advantages in the current market environment where privacy is increasingly emphasized. On the fundamental side, consecutive acquisition events and strategic partnerships have brought more resources and development opportunities to the IRON project. These factors have collectively driven the recent significant rise in the price of the IRON token.

This message is not intended as investment advice; investors should be aware of market volatility risks.