what's filecoin?
Filecoin is a decentralized storage network designed to store humanity's most important information in a reliable and efficient manner. It operates as a blockchain-based marketplace where users can rent unused hard drive space from providers, secured by cryptographic proofs. The network incentivizes storage providers through its native cryptocurrency, FIL, using mechanisms like proof-of-replication and proof-of-spacetime to ensure data integrity and availability. Filecoin integrates with the InterPlanetary File System (IPFS) to enable distributed data storage and retrieval. Launched in 2020, it has grown to support various applications including data preservation, NFTs, and Web3 infrastructure.
Filecoin sees enterprise storage merger (CIDgravity Gateway) and HTX trading contest feature.
RIBS and CIDgravity merged to form CIDgravity Gateway, unifying large-scale storage abstraction with onboarding and deal workflow for enterprise adoption.
Featured in HTX trading contest alongside DOGE, PEPE, ZEC, and BONK with $20,000 prize pool.
CloudPaws_NFT is exploring an identity layer for early contributors in Filecoin Onchain Cloud, treating NFTs as ecosystem credentials to recognize and coordinate developers, Storage Providers, and contributors active in the early stages of FOC.
Introduces Constellation, a new governance program with a phased structure progressing through three stages: Nebula, Nexus, and Galaxy, with each phase introduced sequentially based on defined scope and outcomes.
Rolled out Fast Finality (F3) upgrade in 2025, reducing confirmation time for onchain activity related to storage and enabling faster reactions from bridges and cross-chain tools.
Partners with or supports Cryptic, a privacy-first messaging app with built-in crypto wallet, as part of Cryptic's infrastructure and ecosystem partnerships for data availability and Web3 tooling.
Faces headwinds in growing its decentralized storage network due to prohibitively expensive hardware costs driven by AI demand for silicon and manufacturing capacity.
Unveiled Cross-Chain Data Bridge in September 2025
Generated approximately $18M in fees/revenue in 2025.
Integrated with GLIF+ loyalty program, which uses GLF token and provides non-transferable Loyalty Cards (soulbound NFTs) to eligible Filecoin liquidity providers and storage providers for accessing specific in-protocol terms.
Binance removes FIL/FDUSD margin trading pairs on December 23, 2025, at 09:00, discontinuing both cross-margin and isolated margin trading for these pairs.
Storacha Network's Forge serves large datasets with infrequent access on Filecoin-backed infrastructure with predictable pricing and faster access than deep archive tiers.
LighthouseWeb3 integrates x402 payment protocol support, enabling users to pay for Filecoin storage uploads in USDC on Base with on-chain settlement per file and no subscription model.
Groundline presents a knowledge-graph layer on Filecoin Onchain Cloud that targets AI teams and research groups for querying data through a shared graph structure with on-chain storage settlement and provides developers with monetization opportunities for published data.
ProPGF Batch 2 General Track invites applications for core dependencies, SDKs and APIs, research on tech or economics, governance tools and end user interfaces focused on moving key ecosystem metrics.
Filecoin records $198K in revenue over 30 days.
AkaveCloud O3 provides S3-compatible interface on Filecoin with recent releases focusing on encryption, cache behavior, faster file paths, and predictable performance, with multi-region storage support through Filecoin Onchain Cloud.
EastoreWeb3 launches as a Filecoin-based storage app that writes small files directly to the network through FVM smart contracts with on-chain deals.
FIL price drops 7.3% to $1.38 while volume spikes 28% to $406M with open interest at $164M and building.
Filecoin serves as storage layer for Portrait platform, which removes its ten dollar entry fee to make profile creation free.
LighthouseWeb3 launches x402 pay-per-use upload feature that accepts USDC payments on Base network, with each upload settling on-chain and storing on Filecoin storage without requiring balances or subscriptions.
Short-term high leverage tracking shows FIL with almost only short positions left to liquidate.
Filecoin is featured in the Grayscale Decentralized AI Fund and at least one additional institutional ETF product.
Named as a top-ranked project in FILRetroPGF Round 3 results, receiving funding support from Protocol Labs, Fil Foundation, and LPA.
Forest secures funding from the FILRetroPGF round for continued core infrastructure development work.
AkaveCloud launches a method to stream Hugging Face datasets and models directly from Filecoin-backed storage with no egress fees and no extra copies, enabling AI inference workloads through S3 endpoint access.
PinMe reaches 670,000 decentralized frontends milestone and GlitterProtocol adopts Filecoin Pin to deploy frontend assets across the network.
Santiment ranks Filecoin in the top tier for developer activity among AI and Big Data crypto projects, placing it after Internet Computer, Chainlink, and NEAR.
ProPGF Batch 2 launches with $4M in milestone-based funding for teams serving core network needs across infrastructure, research, governance, UX and adoption, with applications closing December 23, 2025.
Filecoin Beam launches as a data delivery layer for the decentralized web with per-byte pricing, onchain auditability, and Web2-grade retrieval performance across Filecoin Onchain Cloud.
ERC-8004 agents now store identity, reputation, and discovery data on Filecoin through Filecoin Pin service, with Agent0 SDK providing open tooling for developers to launch onchain agents. Filecoin positioned as memory and state infrastructure layer within the broader trustless agent stack ecosystem.
Filecoin Warm Storage Service launches as part of Filecoin Onchain Cloud, providing data layer for apps and payments with PDP proofs landing onchain hourly and service terms enforced through smart contracts.
Grayscale AI fund holds FIL as its third-largest position at 12.84% allocation.
Forest achieves optimizations enabling huge cost savings for archival node operators through RPC layer hardening and stability improvements in its November update.
Major institutional partnerships include Internet Archive, Smithsonian Institution, MIT Open Learning, and Flickr Foundation.
KYVE Network stores Celestia and Story Protocol chain data on Filecoin Onchain Cloud with petabyte-scale capacity and fast validator sync capabilities.
Geobrowser integrates with Filecoin Onchain Cloud to store podcast data, images, and graph records using the Geo knowledge graph protocol for auditable shared data access across applications.
Akave Cloud connects to Filecoin Onchain Cloud with two service tiers: Cloud Plus for hot workloads with instant access and Cloud Standard for backup storage using Filecoin PDP at $5.99/TB.
Storacha network introduces Forge, a warm storage tier on Filecoin Onchain Cloud priced at $5.99 per TiB per month for enterprise archives, media, AI training data, and backups with cryptographic proofs onchain.
Integration with ENS and Safe allows GitHub commits to flow through Filecoin Onchain Cloud and update ENS content hashes via multisig-approved Safe transactions for DeFi frontend security. Filecoin Pin feature launches, bridging IPFS content addressing with persistent Filecoin backend storage, audited proofs, and automated Storage Provider payments in one workflow.
Filecoin Pay introduces smart contract-based payment infrastructure for Onchain Cloud services, automatically settling payments each epoch based on verified proofs without traditional payment methods.
FIL becomes weak following early November price strength, part of broader weakness in previously strong altcoins.
FIL places 9th on LunarCrush AltRank today, a metric blending social and market activity to spotlight outperforming assets.
FIL records $148M in trading volume, ranking among top 20 cryptocurrencies by volume surge.
Filecoin Onchain Cloud adds support for Monad blockchain, allowing Monad apps to use Filecoin storage endpoints and MCP agents for decentralized AI applications with over 10,000 TPS execution capability.
Filecoin Beam functions as the data delivery layer for Filecoin Onchain Cloud, unifying retrieval under canonical URLs, adding global caching for low-latency access, maintaining data availability when storage providers go offline, and protecting providers from DDoS attacks and scraping.
GlitterProtocol adopts Filecoin Pin, moving thousands of assets to IPFS-backed storage for publishing dashboards, documentation, and frontend bundles with CID-tracked updates through their build pipeline.
Synapse SDK launches to connect applications to Filecoin Onchain Cloud, enabling USDFC deposits through Filecoin Pay, Warm Storage approval, and data management across the network.
AI tools gain ability to manage files on Filecoin Onchain Cloud through MCP server, allowing assistants to interact with storage via simple conversation and standardized protocol for reading, writing, and organizing files.
Filecoin becomes the storage layer for HTML5 games on CyberLife platform, providing secure storage for in-game assets.
LighthouseWeb3 routes uploads from AethirCloud's decentralized GPU infrastructure (430,000+ containers, NVIDIA H100/H200 units) to Filecoin for permanent tamper-proof storage of compute outputs.
Storacha Forge provides enterprise archival storage on Filecoin Onchain Cloud with encrypted, replicated backups across independent providers and verifiable records.
KYVE Network selects Filecoin Onchain Cloud for key chain data storage, with Celestia and Story Protocol datasets now stored through the distributed network of independent storage providers.
Juan Benet confirmed to deliver keynote at Schelling Point Buenos Aires this Thursday.
FILBuilders team presents MCP server that lowers the barrier for working with Filecoin Onchain Cloud.
FIL achieves 0.24x 24-hour trading volume to market cap ratio, ranking 4th among liquidity leaders.
Filecoin Onchain Cloud offers over 25 exabytes storage capacity following its Buenos Aires launch, with a case study demonstrating persistent storage with proofs working alongside ENS and Safe during recent outages.
Re-air of the Filecoin Onchain Cloud launch at DePIN Day scheduled for November 19th from 8:00-9:00 a.m. EST, co-hosted by Fluence and Fil Foundation with speakers including Juan Benet, Molly Mackinlay, and Jennifer Jiang.
Platform's 2026 roadmap includes cross-chain payments, automated resilience, and S3-compatible APIs to simplify cloud migration. AkaveCloud launches with PDP layer-powered warm storage and unified SDKs for Python, Go, and JavaScript.
Multiple prominent teams including ENS, Safe, Monad, and Agent0 test Filecoin Onchain Cloud systems, while Filosign, chaching, Groundline, and Eastore run production workloads on the platform following its launch.
Filecoin Onchain Cloud officially launches live with thousands watching the broadcast at DePIN Day, enabling micropayments for data preservation and delivery over IPFS.
Filecoin PGF governance presentation scheduled for November 20 at 14:00 at Schelling Point, featuring discussion on building alignment and operational speed.
Filecoin Onchain Cloud launches on November 18th at 11:00 a.m. EST during DePIN Day in Buenos Aires, broadcast live on CoinDesk Live.
FIL remains green while major cryptocurrencies hit local lows and ranks #1 among combined movers based on community strength and market metrics in a down market.
FIL records +31% gain over the past 30 days.
ZKForge stores all AI Agent Training Data on Filecoin with encrypted mode in development.
Ranks #5 among top weekly crypto losers per CoinMarketCap for week ending November 17, 2025.
F3 upgrade reduces transaction finality from 7 hours to minutes, enabling faster storage lifecycle and Ethereum-comparable settlement times.
Filecoin Onchain Cloud launches November 18, positioned as programmable foundation for AI and DePIN with verifiable data capabilities.
FIL appears exhausted following recent price pumps according to trader analysis.
Messari Q3 2025 report reveals network utilization at 36%, storage demand at 1,110 PiB, network fees increased 14% QoQ to $793K, onboarded datasets grew to 2,491, and Onchain Cloud stack upcoming.
FIL completes weekly close above 2025 trendline resistance and currently retests the breakout level.
Partnership with 375ai and AkaveCloud integrates Filecoin as backup storage for edge intelligence infrastructure data flowing through Akave's S3-compatible network from thousands of devices.
Partnership with Numbers Protocol stores verified election images from 2024 India General Election on Filecoin, providing secure storage for electoral evidence.
FIL lists on Mode Trade with up to 10X leverage trading using AI features.
Filecoin Developer Summit 7 (FDS-7) takes place, following community discussions on privacy and security technology.
Filecoin ranks 3rd among chains in weekly Mindshare Growth with +0.63%, behind MegaETH (+1.11%) and Ethereum (+0.75%).
Filecoin Onchain Cloud product launches with waitlist, offering verifiable data with built-in logic capabilities.
Bybit runs a trading promotion featuring FIL with lucky draw and shared rewards pool, ending November 18, 2025 at 11:59PM UTC.
$FIL pumped 3x alongside other storage and AI coins in an "old coin squeezing" rally that also affected ICP (+240%), NEAR, AR, STORJ, and FET over the past two weeks.
The Constellation Program launches as a community-led governance modernization initiative with three phases: discovery, operating model design, and implementation planning.
375ai and AkaveCloud completed an integration connecting edge data infrastructure to Filecoin, storing edge device data across decentralized nodes via Akave's object storage interface.
FIL ranks #2 among DePIN projects by social activity with 1.59M interactions, behind ICP's 4.08M interactions.
FIL now available to trade on Grvt exchange. FIL participates in AI sector rebound with +15.5% sector gains and +$4.1B market cap increase.
Starling Lab's Link Rot Rescue Project uses Filecoin to preserve journalism content with verifiable integrity through cold storage archives.
FIL futures trading launches with up to 10x leverage on EVM and Solana networks.
FIL ranks as the 3rd top daily crypto gainer on November 10, 2025 according to CoinMarketCap.
FIL records $4.89B in perpetual futures volume on Saturday, ranking 5th globally behind ZEC ($7.38B), ETH ($30.31B), BTC ($28.57B), and SOL ($6.16B).
New exchange listing enables FIL trading with up to 5x leverage.
100% of liquidations are shorts for FIL, contrasting with BTC (35.3% long liquidations) and ETH (42.7% long liquidations).
Price rises 100% during broader crypto market rally that adds $176B market cap in 7 hours, with BTC reclaiming $103K and ETH reaching $3.45K.
920 unique content creators post about the project in one hour as weekly gains reach 135.6%.
OTC desk analysis notes the rally is "unquestionably spot led" and theorizes it may be tied to exchanges repurchasing spot to compensate for Oct. 10 liquidations, which is atypical given pervasive negative funding across the board.
Price reaches $3.77-$4 range with 93% daily gain, nearly doubling from previous $2.82 level. Traders categorize FIL as "old school AI coin" alongside NEAR, ICP, FET, RENDER, AR, STORJ, and AKT, with some issuing signals to close long positions and take profits.
Price reaches $2.82 with market cap at $2B and fully diluted valuation at $5.7B during the 99% 24-hour surge. Featured in Rekt Capital Newsletter altcoin analysis alongside FET, DOT, NEAR, and others.
Titan Network opens Filecoin's storage layer to new data markets, connecting distributed storage providers to large-scale buyers through deal-making and transparent settlement infrastructure.
Market narrative emerges categorizing storage and older "dino" coins as the active moving sector, with FIL grouped among current movers alongside ZEC, ICP, and DUSK. Traders note these categories as "the only movers" right now while positioning for breakout patterns.
FIL ranks as #1 top daily crypto gainer on CoinMarketCap for July 11, 2025.
Spot price trades at $2.20 versus $2.07 on perpetual futures on Binance with negative funding rates during upward price movement.
Filecoin engages Immunefi Magnus for security services, joining new customers Optimism and Synthetix in the same announcement period.