Filecoin

Today's state: Filecoin is trading at $0.720000 with a $0.6 billion market capitalization (rank #87). The price moved -2.70% over the past 24 hours and is -6.55% over 7 days; the 30-day move stands at -24.20% and the 90-day at -13.98%. Both long-term and short-term horizons are pointing the same direction down — historically the regime where forced selling and capitulation are most likely to be in their later stages.

Position vs cycle: A drawdown of more than 70% from the last cycle high puts the asset firmly in deep-bear territory, where recoveries have historically required a fresh demand catalyst rather than mere mean-reversion.

Volatility and structure: 30-day realized volatility of 84.8% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Bearish (27/100), against a weakening multi-horizon backdrop with cumulative pressure across 30/90-day windows.

Beyond Bitcoin, FIL's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.49 — a moderate positive relationship.
• Ethereum reference: +0.58 — a moderate positive relationship.
• Solana reference: +0.67 — a strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Filecoin (FIL) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.7200 as of the latest update, with a 24-hour move down 2.70%, placing it at rank #26 by market capitalisation among all listed digital assets. Filecoin's current market cap stands at $570.98M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Filecoin across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Filecoin is infrastructure for storing files on a decentralized network. Its token aligns incentives between people who need durable storage and the operators who supply it, with cryptographic proofs replacing the trust you would otherwise place in a centralized host.

Filecoin (FIL) is a top-100 asset, ranked #87 among all tracked tokens by capitalisation. It operates in the decentralized storage category, and launched in 2020. Only about 40% of the eventual FIL supply is circulating so far (793.02M of 1.96B), so future unlocks remain a meaningful dilution variable. It currently trades about 100% below its all-time high of $236.97 set in April 2021.

Filecoin is not a smart-contract platform competing on transactions per second — it is a storage protocol. Providers periodically submit cryptographic proofs that they still hold the client's data; honest proofs earn token rewards, missed proofs are penalised. The token's demand is tied to how much real data the network is paid to store, not to gas consumption.

Filecoin (FIL) is a top-100 asset, ranked #87 among all tracked tokens by capitalisation. It operates in the decentralized storage category, and launched in 2020. Only about 40% of the eventual FIL supply is circulating so far (793.02M of 1.96B), so future unlocks remain a meaningful dilution variable. It currently trades about 100% below its all-time high of $236.97 set in April 2021. Its fully-diluted valuation of $1.41B is about 2.5× the circulating market cap of $570.98M, a gap that signals issuance overhang to factor into any longer-term thesis.

Filecoin is used to store data that needs to outlive any single provider: web archives, NFT media, datasets, backups, and content for decentralized applications. The token pays for storage deals and secures the providers that fulfil them. Demand for the token reflects demand for trust-minimised storage — a different driver from speculative L1 activity.

Daily turnover is unusually high at roughly 15% of market cap ($86.00M traded in 24 hours), the kind of liquidity that reflects an active news or trading cycle.

Filecoin's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. Only 40.4% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis. The fully diluted valuation (FDV) of $1.4 billion stands at 2.5× the current circulating market cap of $0.6 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

The question that matters for a longer-term view is simple: does value accrual (burns, staking-yield reinvestment, deflationary mechanics, growing ecosystem TVL) run ahead of new issuance, or behind it? Ahead, and price can compound quietly; behind, and it leans on continuous fresh demand to soak up the supply.

The macro picture for digital assets turns on three levers — Federal Reserve policy, the path of dollar liquidity, and broad risk sentiment. Historically the whole asset class has tracked the global liquidity cycle closely, expanding in easing regimes and contracting when financial conditions tighten.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

Narrowing to Filecoin, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, FIL has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.49, FIL's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Storage-network risks are specific to the model: provider churn (data must be re-replicated when providers leave), retrieval reliability (storing is not the same as fast retrieval), token-emission pressure used to subsidise early providers, and demand risk — the network only accrues value if real paying storage demand materialises rather than incentive-farmed capacity. General crypto-market and regulatory risks apply on top.