Overview
Filecoin is a decentralized file storage system powered by its own native blockchain, featuring the FIL token. The platform operates on an open-market incentive model for file storage, utilizing FIL as its transactional asset. Built atop the InterPlanetary File System (IPFS), Filecoin launched its independent mainnet blockchain in late 2020—not as an Ethereum-based project.
Current FIL Price: ¥17.03
24h Change: -¥0.01136 (0.07%)
How Filecoin Works
Filecoin’s blockchain enables clients to pay FIL tokens to storage providers for decentralized data hosting. Providers earn FIL by contributing excess storage capacity to the network. Key operational elements include:
- Storage Agreements: Clients lock FIL in escrow wallets, releasing payments gradually to providers.
Proof Mechanisms:
- Proof of Replication (PoRep): Verifies initial data storage.
- Proof of Spacetime (PoSt): Periodically confirms ongoing data integrity via blockchain submissions.
- Gas Fees: Applied for blockchain transaction processing.
👉 Explore decentralized storage opportunities with Filecoin’s ecosystem.
FIL Price Dynamics
While Filecoin has no inherent price, FIL’s market value fluctuates against fiat currencies like USD and CNY. This page tracks:
- Real-time FIL/CNY rates
- Market capitalization (¥105.53B)
- Historical price charts
- Key volatility metrics (52-week range: ¥20.91–¥90.17)
FIL Key Metrics
| Statistic | Value |
|---|---|
| 24h Trading Volume | ¥12.03B |
| Circulating Supply | 619M FIL |
| Total Supply | 19.59B FIL |
| YTD Return | -53.02% |
| All-Time High | ¥582.45 |
Latest Market Insights
Bitcoin Price Watch
- Analysts flag ¥108K as a potential pivot point for BTC’s bearish reversal (Source).
Ethereum Trends
- Corporate ETH treasury growth may drive prices toward ¥20,300 (Analysis).
👉 Stay ahead with crypto market analysis tailored for informed decisions.
FAQ Section
Q: Is Filecoin built on Ethereum?
A: No—Filecoin runs on its own blockchain, launched separately from Ethereum.
Q: What determines FIL’s price?
A: Market demand, storage provider activity, and broader crypto trends influence FIL valuations.
Q: How does Filecoin ensure data integrity?
A: Through periodic PoSt submissions and cryptographic proofs verified on-chain.
Q: Can FIL reach its all-time high again?
A: Market conditions, adoption rates, and technological upgrades will dictate FIL’s long-term price trajectory.
Data updated as of latest blockchain sync. Always cross-verify metrics from multiple sources.
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