Network3: Pioneering Decentralized Edge AI Infrastructure

Filecoin (FIL) has recently experienced a significant price surge, breaking above both the 20-day and 50-day exponential moving averages (EMAs) for the first time since August. This bullish trend has been fueled by strong spot flows and upcoming catalysts such as the Dev Summit and DePIN Day, as FIL approaches the critical 200-day EMA level at $2.43. A close above this level would confirm a breakout, potentially opening the door for further gains towards the $2.80 to $3.00 range, while maintaining critical support at $1.90. The price of Filecoin has skyrocketed from lows of $1.30 to around $2.30 in less than 48 hours, indicating a robust bullish sentiment among traders. The rapid price movement was characterized by aggressive short covering, as evidenced by the spike in trading volumes across spot markets. As FIL broke through key resistance levels, buyers capitalized on the momentum, positioning themselves ahead of significant ecosystem events scheduled for November. The current market dynamics suggest a shift from passive accumulation to more aggressive buying strategies as demand for decentralized storage solutions continues to rise. Looking ahead, the outlook for Filecoin appears optimistic, with the potential for further upward movement if the price can maintain above the critical support zone. A daily close above $2.43 would signal a full breakout, allowing for targets of $2.80 and $3.00 to come into play. Conversely, failure to hold above $1.90 could invalidate the recent bullish trend, pushing FIL back into its previous consolidation range. As the market evolves, the focus will be on whether buyers can defend the new support levels and break the long-standing trendline that has constrained price movements throughout the year.

Binance has officially rolled out support for the 0x address format for IoTeX (IOTX) deposits and withdrawals on its web platform and mobile app. This update marks an important step in the IoTeX chain's ongoing effort to simplify interoperability and align with the standard Ethereum-style "0x" format. After carefully evaluating tradeoffs, the IoTeX team proposed deprecating the legacy "io1" format through IIP-40: Deprecate io1 Address Format in late 2024. Following open community discussion, the proposal was approved, paving the way for consistent address handling across exchanges and ecosystems. Binance’s implementation represents a major milestone toward global standardization, improving cross-chain compatibility and user experience for IOTX holders worldwide. As part of this change, Binance users will now see the 0x version of their existing deposit addresses. No action is required, as deposits sent to the older "io1" version of the same address will continue to work seamlessly. When withdrawing IOTX, users can now enter either address format: 0x… (new format) or io1… (legacy format). Both address formats remain fully supported during the transition, ensuring uninterrupted use for all users and exchanges. To make conversion simple, the IoTeX team has released an Address Converter Tool on the IoTeX Hub, allowing anyone to instantly switch between io1 and 0x formats. This milestone marks a major step forward for the IoTeX chain. With Binance now supporting the 0x format, the largest exchange in the world sets the precedent for others to follow, accelerating the transition toward a unified ecosystem for the Real-World AI economy. Beyond simplifying user experience and integrations, this upgrade strengthens the IoTeX L1's foundation for the AI-powered, real-world economy, where data, devices, and digital assets interact seamlessly across chains. IoTeX is uniquely positioned to capture the multi-trillion-dollar AI and data economy, trusted by partners like Google, Samsung, and others.

DePIN Day, a premier global event series focused on Decentralized Physical Infrastructure Networks (DePIN), is set to make its Latin American debut on November 18, 2025, during Devconnect Week in Buenos Aires. Organized by Fluence, a cloudless computing platform, and co-hosted with the Filecoin Foundation, this significant event aims to unite innovators, investors, and thinkers who are at the forefront of decentralizing physical infrastructure. The event will delve into how crypto-incentivized systems are revolutionizing wireless networks, energy systems, sensors, computing, and storage, promising exciting announcements from the community. The lineup of speakers at DePIN Day Buenos Aires includes industry leaders such as Tom Trowbridge from Fluence, Juan Benet from Protocol Labs, and Dylan Bane from Messari, among others. These experts will discuss the transformative potential of DePIN in creating user-owned, transparent, and verifiable infrastructure. Clara Tsao from the Filecoin Foundation expressed enthusiasm for the event, highlighting its ability to bring together visionary founders who are rethinking industries through DePIN. Other attendees have echoed similar sentiments, noting the event's standout nature compared to other conferences. DePIN Day has established itself as a vital platform for discussing the evolution of decentralized infrastructure, with over 13 editions held globally in cities like Denver, Berlin, and Singapore. Supported by over 150 ecosystem partners, including Helium and Polygon, the event serves as a meeting point for thousands of builders, venture capitalists, and protocol teams. As the DePIN movement continues to grow, DePIN Day remains at the forefront, shaping the future of physical infrastructure through innovative discussions and collaborations.

The cryptocurrency market has recently witnessed notable price surges among several altcoins, particularly Zcash, Dash, Internet Computer (ICP), and Filecoin. Zcash (ZEC) has skyrocketed from below $50 in October to an impressive $650, largely driven by the launch of a Grayscale fund that now holds over $150 million in assets. This surge reflects a growing interest in privacy-focused cryptocurrencies, with notable investors like Arthur Hayes predicting that Zcash could potentially exceed $100,000 in the current market cycle. Additionally, the increase in shielded transactions indicates a rising demand for Zcash in private transactions, further solidifying its position in the market. Similarly, Dash (DASH) has experienced a remarkable increase, rising from $19 to $150 in recent weeks. This growth is closely linked to the momentum generated by Zcash, as both tokens cater to the privacy coin sector. The heightened interest in Dash's privacy features has attracted more investors, contributing to a broader shift towards cryptocurrencies that prioritize user privacy. This trend highlights the expanding market for altcoins that offer robust privacy solutions, as more investors seek alternatives to traditional cryptocurrencies. Internet Computer (ICP) has also seen a significant price jump, climbing from below $2 to $9 following the launch of its new AI platform, Caffeine. This development has sparked optimism regarding ICP's potential in the AI landscape, especially as the token is perceived to have been undervalued after a previous decline. Meanwhile, Filecoin (FIL) has risen from $1.31 to $2.3, driven by investor interest and anticipation for its upcoming DePIN Day event. The collaboration with SingularityNET, a prominent AI platform, has further enhanced Filecoin's appeal, attracting attention from investors eager to capitalize on the growing intersection of AI and blockchain technology. Overall, these altcoins are gaining traction due to both technological advancements and heightened investor enthusiasm.

Arweave (AR) has experienced a remarkable 25.5% price rally in the past 24 hours, significantly outperforming the broader cryptocurrency market and its peers within the Decentralised Physical Infrastructure Networks (DePIN) sector. This surge is attributed to a renewed interest in decentralised storage solutions, particularly following recent outages experienced by major cloud providers like AWS and Microsoft. As traders position themselves for a potential long-term breakout, the DePIN sector has seen a notable increase of 10.93%, with Arweave and Filecoin leading the charge, posting impressive weekly gains of 37.9% and 51.8%, respectively. This shift highlights the growing recognition of the risks associated with centralised storage systems and the advantages of Arweave's permanent storage model, which offers a censorship-resistant and immutable data layer. The recent Arweave Day Asia event has further fueled optimism around the AR price, showcasing the AO decentralised computing framework and introducing innovative tools such as “DevBot,” which enables the deployment of AI-generated decentralised applications on Arweave's network. This event has generated excitement among developers and investors alike, reinforcing Arweave's image as a versatile ecosystem. The demonstrations of dApp creation and network upgrades aimed at lowering barriers to decentralised development have attracted more developers interested in building AI-assisted applications that can live permanently on the Arweave network. This growing interest has contributed to sustained bullish sentiment, allowing AR to extend its gains despite a broader market slowdown. From a technical perspective, Arweave's price has broken through key resistance levels, indicating a bullish momentum. After surpassing the 23.6% Fibonacci retracement at $5.03 and the 30-day simple moving average at $4.22, AR now targets the next resistance level at $6.31. Analysts suggest that maintaining a price above $4.82 is crucial for sustaining this bullish structure, with potential targets ranging from $25.31 to $28.17 in the short term. Long-term projections remain optimistic, with forecasts suggesting that if market conditions align, AR could reach as high as $61.97 to $71.46. However, sustaining momentum within the $5.03–$6.31 range is critical as overall crypto liquidity declines.

The cryptocurrency market has displayed a mixed performance recently, according to data from SoSoValue. The DePIN sector experienced a notable increase of 10.93% in the last 24 hours, driven primarily by significant gains in Filecoin (FIL) and Arweave (AR), which surged by 51.83% and 37.92%, respectively. However, the leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) faced declines, with BTC dropping 1.63% to fall below $102,000 and ETH retreating 2.37% to around $3,300. Other sectors also showed varied results, with AI gaining 6.01%, largely due to the impressive performance of DeAgentAI (AIA), which skyrocketed by 439.98% in the same timeframe. In addition to the AI sector, the Layer 2 sector saw a modest rise of 0.82%, with Stacks (STX) gaining 5.37%. Conversely, the CeFi sector experienced a slight decline of 0.14%, although Mantle (MNT) managed to rise by 2.12%. The Layer 1 sector also fell by 0.34%, but Zcash (ZEC) and Internet Computer (ICP) continued their upward trends, rising by 15.73% and 18.72%, respectively. The Meme sector faced a downturn of 1.78%, with Giggle Fund (GIGGLE) experiencing a significant drop of 14.54% after prior gains. Meanwhile, the DeFi sector fell by 2.04%, although MYX Finance (MYX) stood out with a rise of 22.94%. The PayFi sector, which had previously led gains, saw a pullback of 4.01% in the last 24 hours, while Dash (DASH) bucked the trend by increasing 15.74%. The performance of various crypto sector indices reflects these trends, with the ssiDePIN, ssiSocialFi, and ssiLayer2 indices rising by 13.57%, 1.52%, and 1.40%, respectively, indicating a mixed but dynamic landscape in the cryptocurrency market.