FIL Token Holds Strong Amid 14% Weekly Surge and $138M Volume Despite Recent Price Dip

Filecoin (FIL) is currently trading at $2.172 on Binance, reflecting a 3.68% decrease over the last 24 hours from an opening price of $2.255. The recent price decline follows a period of increased volatility, with the previous week seeing a 14% surge attributed to easing geopolitical tensions and broader positive market sentiment. However, the latest drop may be linked to profit-taking after the rally and a normalization of trading activity, as no negative news or fundamental changes have been reported. Trading volume remains substantial, with 24-hour volume at $138.43 million and a market capitalization of $2.08 billion, indicating ongoing investor interest and active participation across 78 exchanges. Filecoin continues to focus on ecosystem transparency and growth, as demonstrated by the launch of its monthly metrics report, while maintaining its relevance in decentralized storage and Web3 infrastructure.