According to a Messari report on November 1, Filecoin saw a 16% quarter-over-quarter increase in new storage transaction volume in the third quarter of 2024, with storage utilization rising from 26% in the second quarter to nearly 30%, while storage capacity decreased by 18% quarter-over-quarter. By the end of the third quarter, over 2,000 users had stored datasets on Filecoin, with 518 users storing large datasets of over 1,000 TiB.
In addition, more than 4,500 independent contracts have been deployed on the Filecoin Virtual Machine (FVM), with net deposits in DeFi on FVM exceeding 20 million FIL (approximately 84 million USD), primarily used for collateral, liquid staking, and DEX. Filecoin is gradually becoming a decentralized physical infrastructure network (DePIN), providing businesses with a decentralized storage market and supporting computing and artificial intelligence applications. The Filecoin Network Services (FWS) framework was also launched in the third quarter, offering a verifiable service market and expanding data solutions through partnerships in the AI field.
