Current Market Snapshot (as of now)$FIL
The live price of $FIL is about US$ 1.60. Coinbase+2MetaMask+2
Market capitalization is roughly US$ 1.15 billion. Coinbase+2Binance+2
Circulating supply is a fraction of the total supply — FIL’s max supply is about 1.96 billion, while circulating supply is around 720-730 million. coingecko.com+2Binance+2
According to one source, the network’s economics include a “burn” of some FIL daily (from transaction fees), which creates modest deflationary pressure. MEXC Blog+1
🔎 What’s Driving the Recent Performance
$FIL recently saw a sharp rally (+~60 % in 24 hours). TradingView+1
The rally is attributed to renewed interest in “DePIN / decentralized infrastructure” projects (storage, data, decentralized cloud) — Filecoin is often grouped among protocols benefiting from that trend. TradingView+1
On the fundamentals side: increased usage and upgrades to the protocol — which could support long-term growth — help give investors renewed confidence.
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