Filecoin's Waffle Update Boosts Price and Ecosystem Integration

Friday, July 26, 2024 6:12 PM
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Filecoin's Waffle Update Boosts Price and Ecosystem Integration cover

Filecoin’s price surges with the announcement of the Waffle network update, set for August 2024, promising performance enhancements and new capabilities. The update includes support for Ethereum transactions and a non-interactive proof of replication. Filecoin’s strategic partnership with SingularityNET aims to revolutionize AI data storage, positioning Filecoin as a leading DePIN project for AI. The price rally is supported by an increase in trading volume and positive technical indicators, with the potential to break resistance levels for continued growth.

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