Filecoin's Q3 2025 report from Messari highlights a rise in network utilization to 36%, despite a decrease in total capacity to 3.0 EiB. Network fees increased by 14% to $793,000, with penalties making up 99.5% of this amount. The v27 "Golden Week" upgrade led to near-zero base and batch fees by removing the old sector method. Active storage saw a slight decline to 1,110 PiB, and daily new transaction volume dropped by 19%.
The report also notes an increase in live datasets to 2,491, with 925 exceeding 1,000 TiB. While FVM token activity remained stable, DeFi TVL fell by 8.4% to $27 million, and USDFC supply decreased by 8.5% to $275,000. The Filecoin Foundation and GSR Foundation are collaborating on cultural and scientific data storage initiatives.
Additionally, Filecoin announced the launch of its Onchain Cloud on November 19th, aiming to create a decentralized, developer-owned cloud infrastructure. This platform will support storage, computing, retrieval, and access control, catering to the evolving needs of data, AI, and applications.
Filecoin Q3 Report: Utilization Up, Capacity Down, New Cloud Launch Announced
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