Developments on the Ethereum and Solana front accelerated the price rise of one altcoin in particular.
While the cryptocurrency market is shaped by trends such as artificial intelligence and cloud storage, the prominent project of recent days Filecoin (FIL) happened. Two important factors that triggered the rise of Filecoin are solana integration And of Ethereum upcoming dencun It was recorded as an update.
Recently made a statement Solana (LEFT) The founder announced that they would use the Filecoin infrastructure for historical data modeling and blockchain storage systems. This statement in particular sparked an increase in the FIL price. With the increases experienced, FIL to the highest level in the last 12 months has reached.
Another critical point was the expectation that Ethereum’s Dencun upgrade, which is expected to take place in March, will increase the demand for decentralized storage solutions. Providing services in this field, especially Filecoin Siacoin (SC), Arweave (AR) And Storj (STORJ) Projects such as these have entered the radar of investors.
According to CoinGecko data, FIL has increased in the past 7 days. 35%SC 44%AR if 17% gained value.
Former BitMEX CEO recently hailed the bull market Arthur Hayesfor FIL 12x rise He gave the target.