$FIL nearly 2x'd since August. +12% today alone.
Why? Oct 15th = end of Protocol Labs + Filecoin Foundation vesting schedules. Biggest sell pressure source just died.
The math:
• Vesting was dumping ~67M $FIL/year
• Block rewards only add ~22M $FIL/year
• Gross issuance about to drop 75%
Post-Oct 15th, new supply = ~2% of circulating annually from block rewards. Burns + collateral locks could push net supply even lower.
Second angle: Filecoin pivoting hard into AI data workloads and compute-over-data. Trying to capture paid on-chain storage demand. This puts $FIL square in the AI infra narrative.
Reality check: Even after this pump, $FIL is still down 99% from 2021 ATH.
Supply cut removes the headwind. But paid storage demand will decide if this holds or fades.
Why? Oct 15th = end of Protocol Labs + Filecoin Foundation vesting schedules. Biggest sell pressure source just died.
The math:
• Vesting was dumping ~67M $FIL/year
• Block rewards only add ~22M $FIL/year
• Gross issuance about to drop 75%
Post-Oct 15th, new supply = ~2% of circulating annually from block rewards. Burns + collateral locks could push net supply even lower.
Second angle: Filecoin pivoting hard into AI data workloads and compute-over-data. Trying to capture paid on-chain storage demand. This puts $FIL square in the AI infra narrative.
Reality check: Even after this pump, $FIL is still down 99% from 2021 ATH.
Supply cut removes the headwind. But paid storage demand will decide if this holds or fades.
