Ethereum

2024

Solana

Filecoin

<p>The post <a href="https://coinpedia.org/news/here-is-why-filecoin-fil-surges-19-in-24hr-outshining-major-ethereum-competitors/">Here Is Why Filecoin (FIL) Surges 19% In 24hr, Outshining Major Ethereum Competitors</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Filecoin (FIL), the cryptocurrency powering the decentralized storage platform is making headlines with a notable 19% surge in the past 24 hours, <a href="https://markets.coinpedia.org/filecoin/">reaching $7.89</a>. This surge adds to its impressive weekly gains of over 43% and a substantial monthly increase of nearly 54%.</p> 
<h2 class="wp-block-heading" id="h-anatoly-yakovenko-s-endorsement-nbsp">Anatoly Yakovenko’s Endorsement&nbsp;</h2> 
<p>A major factor contributing to Filecoin’s recent success is the endorsement it received from Anatoly Yakovenko, co-founder of the Solana protocol.&nbsp;</p> 
<p>A significant catalyst for Filecoin’s recent uptrend can be attributed to the endorsement it received from Anatoly Yakovenko, the co-founder of the Solana protocol. Yakovenko recently shared his insights on X, recognizing Filecoin’s technological advancements.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Little remembered fact, but the original archiver design for <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a> was based on some of the proofs from <a href="https://twitter.com/Filecoin?ref_src=twsrc%5Etfw">@filecoin</a>’s original white paper. But filecoin and other folks were making so much progress on both r&amp;d and implementation that it seemed like a duplicate effort to do our…</p>— toly 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@aeyakovenko) <a href="https://twitter.com/aeyakovenko/status/1759672902751019394?ref_src=twsrc%5Etfw">February 19, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>He further highlighted that Solana’s original archiver design was influenced by concepts from Filecoin’s white paper. This acknowledgment has substantially raised Filecoin’s reputation in the decentralized cloud storage protocol space.</p> 
<h2 class="wp-block-heading" id="h-filecoin-s-strategic-collaborations"><strong>Filecoin’s Strategic Collaborations</strong></h2> 
<p>Anatoly Yakovenko’s endorsement is not an isolated event but part of Filecoin’s broader strategy. The platform has strategically integrated with Solana, aiming to improve accessibility to its data services.&nbsp;</p> 
<p>Moreover, Filecoin is actively engaging in partnerships with various protocols, including Ethereum. The <a href="https://twitter.com/Filecoin/status/1635707075983540225">introduction</a> of the Filecoin Virtual Machine (FVM) in the past year has empowered developers to seamlessly create applications that interact with Ethereum’s blockchain.&nbsp;</p> 
<p>Meanwhile, these collaborative efforts play a pivotal role in Filecoin’s recent success and its positioning for continued growth in the competitive cryptocurrency landscape.</p> 
<h3 class="wp-block-heading" id="h-potential-for-growth">Potential for Growth</h3> 
<p>While Filecoin is experiencing a surge, it’s noteworthy that it still trades below its all-time high <a href="https://coinpedia.org/price-analysis/filecoin-price-prediction-buyers-pick-12-as-fil-price-target/">(ATH) of $237.24</a>. Despite this, the ongoing rally, fueled by industry recognition and strategic collaborations, positions Filecoin for potential growth</p>

Here Is Why Filecoin (FIL) Surges 19% In 24hr, Outshining Major Ethereum Competitors

Obsah

CoinPedia News

Ďalšie články zverejnené 20. 2. 2024

Meso Raises $9.5M Seed Rund for Crypto On-Ramp Platform

Bitcoin ETF Trading Reaches 40% of Centralized Exchange Levels

Bitcoin Whales Steer Clear Of Significant Short Positions, Show Confidence In Price Surge

Steer Protocol and Arthswap Forge Strategic Partnership for Crypto Liquidity

Discover the Undervalued Crypto Token With Potential Like Polygon, Priced at Only $0.12 Today

The Only Crypto Card You Need - P2PB2B EXCHANGE

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!