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Filecoin Price

Filecoin Price (FIL)

Contract Address: 0x0d8c...9ae153
$0.7224217
Page last updated: 6/25/26, 1:50 PM (UTC)

Filecoin Market Stats

Popularity
#72
Market Cap
$571.7M
Volume (24hours)
$100.1M
Circulation Supply
791.3M
Total Maximum Supply
--
Fully Diluted Market Cap
$1.4B
You Buy
Filecoin Price
FIL
You Spend
Rate
1 FIL ≈ USD 0.7224217
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Kraken
0.26%
Coinbase
1.99%

Price of Filecoin Today

The live price of Filecoin is $0.7224217 per (FIL / USD) with a current market cap of $571.7M USD. 24-hour trading volume is $100.1M USD. FIL to USD price is updated in real-time. Filecoin is -4.08% in the last 24 hours with a circulating supply of 791.3M.

Filecoin Price History

24H
7D
1M
3M
1Y

All Time High

$237.24

Current

$0.7224217

24H High

$0.7648235

24H Low

$0.7000914

24H Change

-4.08%

Crypto Market Sentiments

Fear & Greed Index

How do you feel about Filecoin today?

0%
0%
Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 FIL worth $0
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Why Is Filecoin (FIL) Down Today?Powered by AI
27 minutes ago

FIL's price declined by 7.2% in the last 24 hours to $0.701, indicating significant bearish momentum.

Key factors:

  • Bearish Price Action: FIL has experienced a significant price decline of over 7% in the last 24 hours, hitting new lows and indicating strong selling pressure.
  • Whale Selling Dominance: A high proportion of whale selling activity, 67% versus 24% buying, suggests that large holders are contributing to the downward trend.
  • Negative Community Outlook: The community is concerned about further price drops and potential breaches of support, reflecting a pessimistic market view.
Not advice. Information provided on an “as is” basis, without endorsement representation or warranty. Please DYOR.

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People Also Ask: Other Questions About Filecoin

How is the price of Filecoin (FIL) calculated on Binance?

The price of Filecoin (FIL) on Binance is based on live market data from active trading pairs involving Filecoin. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as FIL/USDT, FIL/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Filecoin.

Why does the price of Filecoin (FIL) change?

The price of Filecoin (FIL) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Filecoin increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Filecoin (FIL)?

The price of Filecoin (FIL) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Filecoin over time.

Why does the price of Filecoin (FIL) differ across crypto exchanges?

The price of Filecoin (FIL) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Filecoin (FIL), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Filecoin by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Filecoin (FIL)?

Circulating supply refers to the number of Filecoin tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Filecoin (FIL) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Filecoin price page and get notified when the target is reached.

Is Filecoin (FIL) a better investment than gold or silver?

Filecoin (FIL), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Filecoin is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What is Filecoin (FIL) Used For?

FIL tokens are used to incentivize network participation in the Filecoin ecosystem. Storage users pay storage providers FIL for decentralized storage services. FIL price information is available in real time on Binance.

How Do Network Consensus and Validation Work on Filecoin?

Filecoin uses a unique consensus mechanism called proof-of-replication (PoRep) and proof-of-spacetime (PoSt). PoRep proves that a storage provider is storing user data accurately, while PoSt ensures that user data is stored reliably over an agreed period of time. 

Who is the Filecoin Founder?

Filecoin is an open-source software created by Protocol Labs, which was founded by IPFS creator Juan Benet in 2014. The Filecoin initial coin offering (ICO), launched in 2017, raised over $200 million in less than 30 minutes. 

What is the Maximum Token Supply of Filecoin?

Filecoin integrates a dual minting model split into baseline minting and simple minting, as well as a mining reserve. Baseline minting is restricted to a total of 770 million FIL tokens, while 330 million FIL tokens are released via a six-year half-life, which will take approximately 30 years.

What Makes Filecoin Different?

Filecoin has established a decentralized model of file storage, providing users with a decentralized alternative to centralized hosting providers such as AWS. The creator of Filecoin, Juan Benet, also created the IPFS, the most widely-used and robust decentralized file storage protocol.

How to Buy Filecoin?

Filecoin can be purchased directly from Binance using a debit or credit card. Filecoin can also be traded for other cryptocurrencies on the Binance exchange. Live FIL price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy Filecoin (FIL) Guide.

About Filecoin (FIL)

Filecoin (FIL) is a blockchain network and decentralized peer-to-peer (P2P) digital storage ecosystem and marketplace. Built on InterPlanetary File System (IPFS) technology, Filecoin incentivizes hard disk drive-sharing through its native FIL token. Filecoin price is updated live on Binance.

Filecoin operates as a decentralized file-sharing and storage platform, offering an alternative to centralized digital storage. Through Filecoin, it’s possible for users to sell storage on the Filecoin network and determine their own contract terms and prices.

The IPFS technology that drives Filecoin is open-source and free to use but offers no incentive to users who provide storage space. Filecoin can be considered an incentive layer on top of IPFS that gives out blockchain-enabled rewards through the FIL token, thereby promoting the use of decentralized storage. 

Users who want to store data on the Filecoin network must pay miners, who provide data storage, a fee determined by the Filecoin market. Miners must perform computationally complex processes called proofs to verify that they are storing user data reliably.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.