Filecoin Surges 6% in Dramatic Bullish Reversal From Recent Lows
Filecoin stages impressive comeback as decentralized storage token bounces hard from support levels.
The Rebound Mechanics
FIL's 6% surge defies broader market anxiety—traders are piling back into the decentralized storage narrative just as traditional finance grapples with another round of regulatory theater. The move showcases crypto's signature volatility, where double-digit swings remain breakfast for seasoned degens while Wall Street still frets over basis points.
Storage tokens aren't just surviving—they're aggressively reclaiming territory while legacy systems debate whether to allow ETFs for something that actually stores value.