Filecoin (FIL) experienced a modest increase of 0.4% to $1.6355, underperforming the broader cryptocurrency market. Initially, FIL climbed 2% but faced selling pressure, trading within a narrow range of $1.595 to $1.685. Despite the selling pressure, trading volume was 23% higher than the weekly average, suggesting significant institutional investor activity. Over 140,000 FIL were sold near the market close, contributing to the price stabilization.