Filecoin

The cryptocurrency market has experienced a notable decline recently, as reported by ChainCatcher using SoSoValue data. Over a 24-hour period, most cryptocurrencies saw drops ranging from approximately 2% to 5%. The DePIN sector was particularly hard hit, leading the decline with a significant drop of 5.8%. Within this sector, Filecoin (FIL) fell by 6.29%, while Render (RENDER) experienced an even steeper decline of 7.07%. Additionally, Bitcoin (BTC) fell by 3.19%, slipping below the $86,000 mark, and Ethereum (ETH) decreased by 4.11%, dropping below $3,000. Other sectors also faced losses, with the CeFi sector declining by 3.02% in 24 hours. Aster (ASTER) was notably affected, dropping 15.82%. The Layer1 sector fell by 3.34%, with Sui (SUI) down 8.35%. Meanwhile, the Layer2 sector recorded a 4.03% drop, and SOON (SOON) fell by 11.09%. The Meme sector saw a decline of 4.31%, although PIPPIN (PIPPIN) managed to defy the trend with a remarkable increase of 25.96%. The PayFi sector decreased by 4.81%, with Telcoin (TEL) down 8.85%, and the DeFi sector dropped by 4.93%, although MYX Finance (MYX) surged by 9.96% during this period. The overall performance of the crypto sector indices reflects these trends, with the ssiAI, ssiDePIN, and ssiRWA indices falling by 7.05%, 6.8%, and 6.41% respectively. This decline highlights the volatility and challenges faced by the cryptocurrency market, emphasizing the importance of caution for investors. It is essential to note that the views expressed in this article are solely those of the author and do not represent any official stance of the platform, nor should they be considered as investment advice.

Filecoin (FIL) has experienced a significant decline of 7.3% over the past 24 hours, dropping from $1.48 to $1.38. This downturn has pushed the token below the crucial support level of $1.43, establishing a new support at $1.37. The recent selloff has been attributed to a broader liquidation in decentralized physical infrastructure tokens, which has negatively impacted the entire sector. CoinDesk Research's technical analysis indicates that Filecoin has been in a downtrend, marked by consecutive lower highs since its peak at $1.55 on December 10. The trading volume surged to 10.6 million tokens during this breakdown, highlighting the intensity of the market's reaction. The failure of Filecoin to reclaim the resistance level at $1.52 has intensified selling pressure, with an 85% spike in trading volume confirming institutional selling as the price broke through the critical support at $1.43. Following this, the price stabilized near session lows around $1.37, suggesting a temporary exhaustion of selling momentum. The current technical outlook indicates that if the support at $1.37 fails, the price could target the downside range of $1.30 to $1.35. Meanwhile, the broader cryptocurrency market also faced challenges, with Bitcoin slipping below $91,000 and the CoinDesk 20 index declining by 3.4% at the time of publication. In other news, the Cardano ecosystem has received a boost with the launch of Midnight's NIGHT token, which aims to enhance privacy on the network. The token has already doubled in value, approaching a $1 billion valuation, as it introduces a programmable privacy layer utilizing zero-knowledge proofs. This innovative approach allows for the separation of public and private data while enabling controlled disclosures to relevant parties. The launch also features a cross-chain allocation model that distributes NIGHT tokens across various ecosystems, promoting a collaborative privacy environment. This development highlights the ongoing evolution of blockchain technology and its applications in enhancing user privacy and security.

In the latest update from ChainCatcher News, the cryptocurrency market has experienced a notable pullback across most sectors. The DePIN sector has been particularly hard hit, leading the decline with a drop of 4.28% over the past 24 hours. Within this sector, Filecoin (FIL) saw a significant decrease of 7.50%, while Render (RENDER) fell by 5.52%. Major cryptocurrencies also faced downward pressure, with Bitcoin (BTC) dropping 1.41% to fall below the $91,000 mark, and Ethereum (ETH) declining 1.02%, dipping under $3,300. Other sectors have not been immune to this trend. The CeFi sector saw a 1.00% decline, with Cronos (CRO) down 3.39%. The Layer2 sector experienced a 2.15% drop; however, Mantle (MNT) managed to resist the trend, posting a modest gain of 1.12%. In the DeFi sector, a 2.35% decrease was noted, although Hyperliquid (HYPE) defied the odds with a 2.95% increase. The Layer1 sector fell by 2.54%, with Zcash (ZEC) suffering a notable 10.78% drop after previous gains. The PayFi sector also saw a decline of 2.92%, despite Ultima (ULTIMA) surging 6.63% intraday. The AI sector was not spared either, dropping 3.85%, although Pieverse (PIEVERSE) stood out with a remarkable increase of 28.38%. The Meme sector fell by 3.88%, yet PIPPIN (PIPPIN) rose by 6.67%. Overall, the ssiAI, ssiNFT, and ssiDePIN indices reflected these declines, falling by 5.55%, 5.32%, and 5.16%, respectively. It is important to note that this analysis is based solely on the author's perspective and should not be construed as investment advice.

The DePIN (Decentralized Physical Infrastructure Networks) movement is gaining traction as it focuses on building and maintaining real-world infrastructure in a decentralized manner. This innovative approach allows individuals to share their resources, such as data storage and computing power, in exchange for cryptocurrency rewards. Unlike traditional centralized services like Amazon Web Services, DePIN leverages a global community, creating a sharing economy at the scale of blockchain technology. Recently, a tier list was released by @ourcryptotalk on Twitter, ranking various DePIN projects based on their tangible outcomes, including hardware, revenue, and network growth. The tier list categorizes projects into different tiers based on their performance. The S-Tier, which includes the top three projects, highlights the leaders in the DePIN space. Bittensor ($TAO) leads with a score of 9.5/10, recognized for its decentralized AI capabilities and a marketplace featuring over 50 active subnets. Render ($RENDER) follows closely with a score of 9.2/10, revolutionizing GPU rendering by offering significant cost savings compared to traditional cloud services. Filecoin ($FIL), with a score of 8.9/10, remains a cornerstone of decentralized storage, having stored over one petabyte of enterprise data. In the A-Tier, solid challengers like Helium ($HNT) and The Graph ($GRT) demonstrate strong potential, scoring 8.8/10 and 8.6/10 respectively. Helium is transforming telecommunications with its IoT and 5G networks, while The Graph indexes data across over 90 blockchains, earning it the title of the “Google of Web3.” This analysis emphasizes the importance of real hardware and adoption in the DePIN landscape, serving as a crucial reminder for investors seeking to capitalize on the next wave of crypto innovation.

Filecoin (FIL) has recently launched its Onchain Cloud platform in Buenos Aires, marking a significant advancement in the realm of decentralized cloud infrastructure. This launch is a crucial step towards enhancing Filecoin’s decentralized storage capabilities, transforming them into a fully verifiable and programmable cloud service. The unveiling occurred during DePIN Day 2025, an event organized by the Filecoin Foundation and FilOz, which attracted nearly 300 attendees and generated substantial interest, with the launch video receiving 430,000 impressions. This highlights the growing significance of decentralized technology in today's digital landscape. The Filecoin Onchain Cloud platform integrates essential cloud functions such as storage, retrieval, and payments directly on the blockchain. Built on the world's largest decentralized storage network, it aims to provide programmable, verifiable, and ownable services. Prior to the launch, the FIL Dev Summit 7 served as a collaborative space for builders, researchers, and ecosystem leaders to discuss the future of the network. The summit featured discussions on the new composable onchain services, including Filecoin Beam and Filecoin Pay, and explored improvements to support diverse use cases, particularly in AI integration and web payment standards. In addition to the launch and summit, the Code N’ Corgi event allowed builders to engage hands-on with the latest tools from the Filecoin Onchain Cloud. Participants were able to explore live demos and interact with engineers, deepening their understanding of the platform's capabilities. Looking forward, Filecoin is committed to scaling its initiatives within the Web3 landscape, focusing on developer onboarding and enhancing community participation. The network's strategic alignment of economic, funding, and governance efforts aims to ensure that advancements benefit the entire ecosystem as it moves into 2026 and beyond.

As the cryptocurrency market navigates through challenging times, investors are keenly searching for the next big opportunity, particularly looking towards 2026. Among the major altcoins, Internet Computer (ICP) is currently showing the most bullish trends, with a notable 64% increase in November. This surge is attributed to its unique position as a blockchain offering decentralized cloud storage, which is increasingly in demand by AI companies. Traders are eyeing Fibonacci levels, with a target price of $14, indicating strong potential for further growth. Filecoin is also gaining traction, driven by the rising need for decentralized cloud storage solutions. In November, Filecoin's value increased by 43%, fueled by its appeal to AI projects that require secure and scalable data storage. The platform has proposed significant updates, including a 50% reduction in gas fees and strategic partnerships aimed at enhancing cross-chain data access. As sectors like AI and decentralized physical infrastructure networks (DePIN) grow, Filecoin is well-positioned to attract institutional investment, solidifying its status as a potential breakout cryptocurrency. In the realm of innovation, DeepSnitch AI is emerging as a promising contender for explosive growth. With its presale raising over $555,000 and a price surge of 58%, this project combines advanced AI technology with real-time market insights. As the AI sector is projected to expand significantly by 2030, DeepSnitch AI offers a compelling investment opportunity for those looking to capitalize on the next wave of cryptocurrency growth. With its current price at just $0.02381, it presents an attractive entry point for investors seeking high returns in the evolving crypto landscape.