IRON (Iron Fish) has pumped 115.55% in the last 24 hours.

Gate News Bot news, on October 10, according to CoinMarketCap data, as of the time of writing, IRON (Iron Fish) is currently priced at $0.44, having risen 115.55% in the last 24 hours, with a high of $0.69 and a low of $0.11. The 24-hour volume reached $2.06 million.

Iron Fish is a zero-knowledge Layer-1 blockchain that provides optional privacy protection for assets on a transparent chain. The project was founded by industry veterans and is supported by top investors. Iron Fish supports multi-asset trading, meaning that with the support of bridge providers, any crypto asset can be imported into the Iron Fish network for private transactions. The project has designed token economics to encourage community participation and safeguard network security, including capped token supply and strategic allocation to reward early contributors. Iron Fish also offers secure, accessible wallets, including a desktop node application and the browser extension wallet OreoWallet.

Important news about IRON recently:

1️⃣ MoonPay acquires Iron, with a transaction value of at least 100 million USD The cryptocurrency payment infrastructure provider MoonPay announced the acquisition of the stablecoin infrastructure platform Iron on March 13, 2025. The value of this transaction reaches at least $100 million, demonstrating the market's high recognition of Iron's technology, which may drive the rise in value of the IRON token.

2️⃣ Base acquires Iron Fish team to develop privacy-preserving primitives The Ethereum Layer 2 network Base has acquired the Iron Fish team to develop privacy-preserving primitives. This move highlights Iron Fish's expertise in privacy technology and may boost market confidence in the IRON project.

3️⃣ MoonPay expansion strategy continues to advance MoonPay's acquisition of Iron not only expands its influence in the stablecoin infrastructure space but also paves the way for the future development of the Solaxy project. This strategic layout may indirectly enhance the market appeal of the IRON token.

From a technical perspective, Iron Fish, as a Layer-1 blockchain focused on privacy protection, exhibits greater value in the current market environment due to its technical advantages. Fundamentally, consecutive acquisition events and strategic partnerships may bring more resources and development opportunities to the IRON project, and these factors collectively drive the short-term price surge of the IRON token.

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