When will FIL surge? It may rise after others do... Let others rise first!...

1. Filecoin, as part of the web3 storage sector, is the largest presence in distributed storage, decentralized storage in terms of data volume, hardware facilities, and market capitalization.

2. In 2024, Protocol Labs restructured internally, integrating and reorganizing many workgroups, significantly reducing payments, which means they don't need to sell as many tokens to maintain team expenses, and work efficiency has also improved considerably. The core value of Filecoin is storage.

3. Juan leads the team to continue working hard and diligently.

4. The computing power has been continuously declining since reaching a peak of 25EiB in February 2024, but has recently rebounded. Many computing powers have exited, and even many have terminated sectors early, indicating that quite a few old computing powers have withdrawn; they are willing to be penalized (10% to 25%) to exit early, which shows they have shifted tracks. However, the DC computing power has reached a historical high, and there has been a recent rebound in computing power, indicating that there is also capital entering the market. It is understood that most retail investors have exited, and the ones entering are large DC nodes.

5. Especially after the second-largest DeFi ecosystem project STFIL in the Filecoin FEVM had issues in April 2024, many retail investors exited one after another, no longer wanting or daring to participate in computing power and staking. This has had a significant negative impact on the development of the Filecoin ecosystem. The continuous decline in computing power in the first half of the year is greatly related to the STFIL incident. Coupled with the depressed market in the bear market, the impact has multiplied.

6. Combining the market trend of FIL from November 2020 to February 2021, its characteristic is a follow-up surge. This means letting large tokens rise first, and then following and compensating after the market heats up.

Therefore, FIL will rise later. The height is uncertain! The market decides. Understand it, utilize it. It is recommended to diversify allocation! #fil #filecoin #ipfs $FIL #山寨季分析