🚨 Filecoin just jumped 7.5% — and the real story starts in 9 days.
FIL rose to $1.17 today on about $271M of volume, making it one of the market's top gainers. But the clock is the real catalyst: on October 15, Filecoin's six-year vesting program ends, and the new FIL entering circulation drops roughly 75% — from about 88M to 22M tokens a year. That is roughly 242,000 new FIL a day falling to about 60,000.
On top of that, the accepted Solstice upgrade (FIP-0118) will tie a share of block rewards to real paid usage — miss the payment targets and that share gets burned instead.
Most token events add supply. This one takes the inflow away. Supply shock meets usage-linked burns.
Are you watching FIL into October 15? 👇
$FIL
#FIL #Filecoin #CryptoNews
FIL rose to $1.17 today on about $271M of volume, making it one of the market's top gainers. But the clock is the real catalyst: on October 15, Filecoin's six-year vesting program ends, and the new FIL entering circulation drops roughly 75% — from about 88M to 22M tokens a year. That is roughly 242,000 new FIL a day falling to about 60,000.
On top of that, the accepted Solstice upgrade (FIP-0118) will tie a share of block rewards to real paid usage — miss the payment targets and that share gets burned instead.
Most token events add supply. This one takes the inflow away. Supply shock meets usage-linked burns.
Are you watching FIL into October 15? 👇
$FIL
#FIL #Filecoin #CryptoNews
