$FIL

Today, Filecoin (FIL) is trading at approximately $3.60, reflecting a slight increase of about 2.64% in the past 24 hours. This cryptocurrency, which ranks as the 41st largest by market cap, has recently seen a resurgence in market activity, with a daily trading volume of over $232 million. Filecoin’s market cap is now around $2.2 billion, and around 597 million FIL tokens are in circulation, out of a maximum supply of 1.96 billion.

Filecoin's long-term potential centers on its role as a decentralized data storage platform, supporting Web3 by enabling users to buy and sell storage on a peer-to-peer network. This aligns with growing demand for decentralized storage solutions due to rising concerns over data privacy and control. As the backbone of the InterPlanetary File System (IPFS), Filecoin could see increased adoption as more users shift toward decentralized technologies.

In terms of price prediction, while it's difficult to project exact figures, some analysts suggest that, depending on adoption rates and network improvements, FIL could see significant growth in the coming years. Long-term projections vary widely but highlight that if Web3 adoption and data decentralization increase, Filecoin could gain considerably.