Haciyev Reşit 
As one of the world’s largest cryptocurrency exchanges in terms of trading volume and institutional influence, Coinbase continues to expand its listing program. The exchange has announced that a new digital asset, Irys (IRYS), will soon begin trading on the platform. Spot trading for IRYS will officially open on November 25, 2025. This announcement is being viewed as a major development, especially by the IRYS community and early investors, as Coinbase listings often have a direct impact on both the market capitalization and visibility of a project.
IRYS-USD Trading Pair May Go Live Today
Coinbase stated that the IRYS-USD trading pair will be listed and may become active later today—provided that liquidity conditions are met. The exact launch time depends on several key factors:
- Sufficient order book depth
- Market makers providing necessary liquidity
- Manageable price volatility at launch
- Ensuring a safe trading environment for users
Once these conditions are met, the IRYS-USD market will go live. This approach is similar to previous Coinbase listings where certain assets experienced slight delays during the initial launch phase.
What Is Irys (IRYS)?
Irys is designed as a programmable “datachain”, combining data storage and smart contract execution within a single Layer-1 architecture. While traditional smart contract networks struggle with large-scale data and data chains don’t natively support smart contracts, Irys bridges this gap through IrysVM, an EVM-compatible execution layer that enables both storage and on-chain computation.
The network offers both term (temporary) and permanent storage options, providing a low-cost, high-performance infrastructure for developers. Its pricing model is built around near-cost storage, making it attractive for data-intensive applications.
What Could the Market Impact Be for IRYS?
The Coinbase listing could have several effects on IRYS in both the short and long term:
- Short term: High trading volume and increased volatility
- Medium term: Significant growth in visibility and awareness
- Long term: Increased monitoring and participation from institutional investors
According to analysts, IRYS—supported by a strong community, clear project objectives, and now a Coinbase listing—may become part of a broader investment strategy for many market participants.
Overall Assessment
Coinbase’s announcement of the IRYS listing marks an important growth milestone for the project. With spot trading set to begin on November 25, 2025, IRYS is poised to gain access to global liquidity. The possibility of the trading pair going live today has already stirred excitement within the community.
The performance of IRYS on Coinbase could directly influence the project’s market value, investor interest, and ecosystem development. All eyes are now on the opening of the IRYS-USD market.
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