The cryptocurrency market has seen limited sector rotation, with discussions largely focused on Perp DEX and prediction markets. However, from November 5 to 7, the storage sector experienced a significant surge, influenced by AI narratives. Filecoin (FIL) rose by 190% and Arweave (AR) by 109% during this period, although both have since retraced. Irys, a Layer 1 data blockchain project, has emerged as a notable player in the storage sector. Ranked third in Rootdata's storage network category, Irys secured $10 million in Series A funding led by CoinFund in August, bringing its total funding to $18.7 million. Despite lacking token incentives, Irys's testnet recorded 1 billion transactions, indicating strong engagement. The project's mainnet progress is currently at 83%, with its TGE underway, making it a project to watch in the storage sector.