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Filecoin has been observing a spike in smart contracts since the launch of FEVM. - 2
FIL price is currently displaying a recovery trend in the daily chart. It has seen a gain of 4% in the intraday session.
Filecoin is one of the biggest decentralized storage solutions and it aims to store humanity’s most important information. The protocol is secured through proof-of-replication and proof-of-spacetime mechanisms. The nodes in the Filecoin are called Retrieval miners which are then rewarded with FIL for their fees The cost of storing data on the FIL network is less compared to other centralized entities. …
Source: https://www.thecoinrepublic.com/2023/06/21/filecoin-price-prediction-is-fil-price-ready-to-jump-beyond-10/