Latest News

The Filecoin (FIL) price is still mired in an upward movement. Another leg up could follow soon.

Filecoin [FIL] has seen double-digit appreciation in the past few weeks. In the past seven and 30 days, the token rallied by 50%.

A significant announcement relating to Filecoin's [FIL] network was recently made. Filecoin revealed the date for the launch of the Filecoin Ethereum Virtual Machine (FEVM) in a press release on 22 February.

Filecoin (FIL) has been one of the highest gainers in the second half of February 2023. During the recent recovery, the coin price doubled its market value from the February 14th low($4.75) and reached a six months high of $9.5 within a fortnight.

With Hong Kong's recent crypto announcement, many native tokens of shared storage protocols have soared over the past week. Decentralized storage network Filecoin's native token FIL has been rapidly rising due to the anticipated launch of FVM, soaring from just above $5 a week ago to $8.47 on Wednesday, a more than 65% gain, according The post Filecoin (FIL) Price Up 65%, Is China Narrative Making It Outperform Major Crypto?

A crypto project that's expanding its capabilities to include smart contracts and Ethereum Virtual Machine (EVM) compatibility is defying this week's market pullback. The decentralized storage platform Filecoin (FIL) is up 5.1% in the last 24 hours, at $8.24.

Filecoin (FIL) is making frantic efforts to pivot from just a decentralized storage service provider to a smart contract blockchain protocol. Having unveiled plans to launch smart contracts capabilities earlier, the protocol revealed recently that the long-awaited Filecoin Ethereum Virtual Machine (FEVM) is set to go live on March 14.

The utility FIL token jumped 62% over the past week. Decentralized storage protocols recently gained attention as their use has increased, an analyst said.

Filecoin price analysis has remained bearish today after the price set a local high at $9.47 two days ago and immediately dipped after facing high resistance. Yesterday, it remained slightly bullish and remained balanced for the most part.

Decentralized storage platforms have emerged as a possible alternative to centralized storage solutions we look at Filecoin and Arweave.

Bitcoin (CRYPTO: BTC) traded lower, but traded above the key level of $24,000 on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, but traded above the $1,600 mark this morning.

Filecoin's anticipated smart contract upgrade is fueling its latest price upsurge.

In the past 24 hours, FIL U perpetual contracts recorded a substantial increase in transaction volume, reaching $4.92 billion.  FIL U perpetual contracts have generated significant interest from traders and investors in the rapidly changing world of cryptocurrency trading.

Leading decentralised storage protocol Filecoin (FIL) undertook a magnificent 75% rally over the weekend.

Filecoin [FIL] has grabbed the attention of many traders in recent days because of its current price action.

Specifically, as of 17 February FIL was worth $5.48, and since then its pump has moved the price to $7.50. However, during yesterday's day, FIL's price touched $9.39. At the time of writing, FIL is worth $8.41.

The decentralized storage network Filecoin's plan to bring smart contracts and user programmability to the Filecoin blockchain has been grabbing the attention of the crypto community. Filecoin earlier announced its native Filecoin Virtual Machine (FVM) launch on March 1.

Filecoin (FIL) records a massive uptick in price, as value jumps by 23 percent following the announcement of the Filecoin Virtual Machine (FVM).  FIL is poised to hit $10 and soar even higher in price value, in the weeks ahead.

The Filecoin price has displayed a sharp rally over the past couple of days. In the past week alone, the altcoin surged more than 80% and broke past several levels of resistance.

BTC's shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL.

The Filecoin (FIL) price witnessed a significant inflow this week, registering a 70% gain from the February 14th low($4.75). The ongoing bullish trend may be attributed to the upcoming release of Filecoin Virtual Machine (FVM), said to bring smart contracts and user programmability to the Filecoin blockchain.

The cryptocurrency market has been off to a strong start in 2023, with many major coins experiencing significant gains. Despite recent concerns from regulators, the market has shaken off this uncertainty and resumed its upward momentum.

Filecoin's native token, FIL, gained more than 86% in value over the past week to become the most profitable asset of the week in CoinMarketCap's ranking of major cryptocurrencies by capitalization. With this price action, FIL was able to return to the $9.25 per token price, where it last traded back in early August 2022.

Filecoin is this week's top performer from the larger-cap alts, having surged over 70%.