The CoinDesk Computing Index (CPU), which includes projects focused on decentralized data storage, transmission and exchange, rose 11% in seven days, outperforming Bitcoin and the broader CoinDesk 20 Index.
- The increase in CPU is due to an increase in the cost of FIL and GRT by more than 40% per week.
- Filecoin's decision to integrate Solana and Ethereum's upcoming Dencun upgrade appears to have impacted the growth of FIL and other storage-related coins.
- The CoinDesk Computing Index consists of 32 projects aimed at decentralizing the exchange, storage and transmission of data while ensuring privacy for users.
- A possible reason for the rally in decentralized storage coins is the upcoming Dencun Ethereum update, which will introduce a temporary storage mechanism, reducing transaction fees and improving the number of transactions per second.