$FIL 24h: approximately +9.5%, significantly outperforming the broader market, which was nearly flat.
Public information: The six-year unlock for Protocol Labs and the Filecoin Foundation expires on October 15. Gross issuance is estimated to be cut by about 75%, with block rewards being the main source of issuance afterward. There is also an upgrade for Solstice (nv29) around October 19. In the short term, trading is driven by supply expectations; after it takes effect, it remains to be seen whether locked tokens and burns can support net supply.
This is a summary of public information and my personal opinion, not investment advice. Crypto is highly volatile; please make your own decisions.
Public information: The six-year unlock for Protocol Labs and the Filecoin Foundation expires on October 15. Gross issuance is estimated to be cut by about 75%, with block rewards being the main source of issuance afterward. There is also an upgrade for Solstice (nv29) around October 19. In the short term, trading is driven by supply expectations; after it takes effect, it remains to be seen whether locked tokens and burns can support net supply.
This is a summary of public information and my personal opinion, not investment advice. Crypto is highly volatile; please make your own decisions.