Filecoin lacks excitement related to Big step For a long time, but this may be about to change. According to the Blockchain network, the Blockchain network is planning to expand more offers that exceed the decentralized storage sector.
Filecoin IPFs was the company’s main commercial offers for customers, but it launches a new product called Fileco Web Services. The Messari report revealed that this step will allow the protocol to form a decentralized cloud market, allowing it to adventure in products that focus on artificial intelligence.
This expansion may allow Felicoin To expand its revenue base while improving the ways to demand the coded currency. According to the Messari report, the new offer will allow developers to reach decentralization more easily.
AI and decentralized physical infrastructure are some of the main novels in the Blockchain and Crypto chip so far this year. The report highlighted the growing participation of Felicoen in this sector, especially through partnerships.
Evaluating the case of using Velikoen
Although Filecoin expands its network offers, its main decentralized storage service continued to experience health use. The storage level has grown to 29.6 % in Q3 2024 compared to 4.1 % in Q1 2023.
The rapid change was due to the low storage capacity. The latter fell from 13.8 billion EIB to 5.4 billion EIB between Q1 2023 and Q3 2024. However, the network has witnessed a significant increase in the number of customers of the large data group.
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The report revealed that the decentralized data storage protocol had 518 large data settings. These are the customers who subscribed to more than 1000 TIB.
The bulls fight an elephant to steal the limelight
Most high cryptocurrencies are suffering from an increase in the upcoming activity in the past two months, and the coded currency has been struggling to find a bullish foot. The cryptocurrency was traded at $ 3.59 at the time of the press after 10.21 % in the last 5 days.
The performance this week had wiped out most of FIL gains so far this month. The performance indicates that the cryptocurrency has not received much attention from investors.
There was a great reason for the above note that investors have been greatly compatible with the main accounts of the market this year. This is why the protocols that have mechanics, AI and DePin are more attention than investors than their counterparts.
Will Velikoin try to take advantage of the growth slices? This may be the case, but it is possible that the benefits or affect the long term. However, the scope of expansion of Filecoin’s competitiveness may help, and may have a greater impact on FIL’s demand and attractiveness for investors.