Filecoin (FIL) has experienced a significant surge, climbing over 55% in the last 24 hours to reach $2.10. This increase is attributed to heightened demand for AI applications, recent ecosystem upgrades, and a substantial reduction in gas fees. The network's v26 upgrade has halved gas fees, resulting in a 25% rise in daily new deals and a 30% increase in network utilization.
Additionally, the RetroPGF-3 initiative has injected 500,000 FIL into over 200 projects, further stimulating growth. Strategic partnerships with institutions like the Smithsonian, MIT, and Solana are anticipated to enhance Filecoin's adoption. Upcoming events, including the Filecoin Developer Summit and DePIN Day in November, are expected to showcase innovations in AI and decentralized physical infrastructure networks (DePIN).
Filecoin Jumps 55% on AI Demand and Gas Fee Reductions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
