$FIL Eyes Recovery: Is Filecoin Ready to Bounce?

FILUSDT

Perp

1.504

+0.46%

Filecoin (FIL) recently faced a pullback amid market-wide selling, dropping around 10%, but its decentralized storage network continues to gain traction. The ecosystem now supports smart-contract-like features, opening doors for AI and Web3 applications. Slowing token issuance could ease supply pressure, while rising demand for decentralized data storage underpins long-term potential. Traders should watch key support levels and network adoption closely. FIL’s price action remains volatile, but growing real-world utility combined with infrastructure upgrades makes this a token worth monitoring for medium-term swings and speculative entries.