In mid-October 2026, the six-year linear unlocks for Protocol Labs and the foundation are set to end.
The official line is: new issuance will be cut by about 75%, and after that it will mostly just be block rewards.
What the crypto crowd loves most is the story that “less is being issued.” FIL has been weighed down by unlocks for years, so this is a clear, known milestone, not some empty concept. Add to that the network pushing paid storage, S3 compatibility (Fil One), on-chain cloud services, and the direction shifts from “stacking computing power and capacity” to “real people paying to store data.”
Whether it succeeds or not is another matter, but at least the narrative shifts from pure unlock-driven selling pressure to “a bit less supply + a search for real demand.”
FIL has fallen more than 99% from its all-time high. A year ago it was still around two dollars, and now it’s just a little over eighty cents.
The characteristic of these older coins is: once market sentiment turns and capital is willing to rotate into old storage/infrastructure names, the upside can be huge; but in normal times it just grinds lower and tests your patience.
Now the daily chart is moving up on volume and has reclaimed 0.80. Short-term traders will say a very cliché line: “Don’t ask how high it can go yet—first see whether that 0.60 bottom gets broken.”
Bought several tens of thousands of ufil. Waiting for takeoff 🛫️🛫️🛫️