【Selling pressure to plunge 75% in 10 days! Filecoin reaches the end of its 6-year unlock schedule, as a supply cliff triggers nearly 6 hours of unusual activity】
Over the past 6 hours, trading volume for decentralized storage leader Filecoin (FIL) surged from 380,000 tokens per hour to over 1.57 million. The price climbed sharply intraday from $1.04 to $1.1189, driven by a historic shift in its token economics:
Key tokenomics event:
Since the mainnet launch in 2020, the six-year linear vesting schedule for early investors, Protocol Labs, and the Filecoin Foundation will officially come to a complete end on October 15, 2026.
A cliff-like change in the supply structure:
1. Inflation tap shut off: Once the vesting period ends, the network’s daily issuance of new tokens will drop by approximately 75%. From then on, the increase in circulating supply will come solely from miners’ block rewards, bringing years of enormous passive selling pressure to an end;
2. Commercialization of storage services: With the development of Filecoin Onchain Cloud and enterprise-grade storage (FOC), the supply-and-demand model is shifting from “subsidy-driven” to “paid usage for real storage.”
Key technical levels to watch:
- Support: The $1.04–$1.06 range is where the short-term surge began on rising volume. As long as it holds, the bullish market structure remains intact;
- Resistance: Significant overhead supply from previous buyers is concentrated around $1.15–$1.20. If the price can consolidate and break through on strong volume before October 15, it could see a medium-term recovery driven by tightening supply.
#Filecoin #FIL #DePIN $FIL $BTC
Over the past 6 hours, trading volume for decentralized storage leader Filecoin (FIL) surged from 380,000 tokens per hour to over 1.57 million. The price climbed sharply intraday from $1.04 to $1.1189, driven by a historic shift in its token economics:
Key tokenomics event:
Since the mainnet launch in 2020, the six-year linear vesting schedule for early investors, Protocol Labs, and the Filecoin Foundation will officially come to a complete end on October 15, 2026.
A cliff-like change in the supply structure:
1. Inflation tap shut off: Once the vesting period ends, the network’s daily issuance of new tokens will drop by approximately 75%. From then on, the increase in circulating supply will come solely from miners’ block rewards, bringing years of enormous passive selling pressure to an end;
2. Commercialization of storage services: With the development of Filecoin Onchain Cloud and enterprise-grade storage (FOC), the supply-and-demand model is shifting from “subsidy-driven” to “paid usage for real storage.”
Key technical levels to watch:
- Support: The $1.04–$1.06 range is where the short-term surge began on rising volume. As long as it holds, the bullish market structure remains intact;
- Resistance: Significant overhead supply from previous buyers is concentrated around $1.15–$1.20. If the price can consolidate and break through on strong volume before October 15, it could see a medium-term recovery driven by tightening supply.
#Filecoin #FIL #DePIN $FIL $BTC
