In a corner nobody’s paying attention to, $FIL just keeps climbing—look at this daily chart. Bullish news:
1/ Token emissions have ended, and supply growth has slowed sharply: The six-year vesting period set by Protocol Labs and the Filecoin Foundation at genesis ended around October 15.
2/ Solstice network upgrade, planned for October 19: An increasing share of block rewards will go to services that bring in paying customers. Any service reward share that isn’t earned will be burned instead of distributed.
3/ Integral Spacetime: A storage Neocloud launched this week. By acquiring companies with large storage needs and migrating their data to Filecoin, it brings in a large number of paying customers all at once.
4/ Fil One: Now officially available, it offers high-performance, S3-compatible object storage at prices far below traditional cloud providers. Its paid plans also have no egress fees, targeting enterprise IT and AI infrastructure.
Could it be getting a second wind? But that weekly chart really makes me laugh 😂
1/ Token emissions have ended, and supply growth has slowed sharply: The six-year vesting period set by Protocol Labs and the Filecoin Foundation at genesis ended around October 15.
2/ Solstice network upgrade, planned for October 19: An increasing share of block rewards will go to services that bring in paying customers. Any service reward share that isn’t earned will be burned instead of distributed.
3/ Integral Spacetime: A storage Neocloud launched this week. By acquiring companies with large storage needs and migrating their data to Filecoin, it brings in a large number of paying customers all at once.
4/ Fil One: Now officially available, it offers high-performance, S3-compatible object storage at prices far below traditional cloud providers. Its paid plans also have no egress fees, targeting enterprise IT and AI infrastructure.
Could it be getting a second wind? But that weekly chart really makes me laugh 😂