Filecoin Faces Bearish Pressure Ahead of Major October 19 Upgrade: Can FIL Hold $1?
Key Highlights The Filecoin Solstice upgrade alters tokenomics by reducing rewards for consensus-only mining and burning unearned service shares. Genesis vesting concluded on October 15, lowering daily $FIL emissions by an estimated 75% to enforce long-term supply scarcity. Despite a 17.18% technical pullback from its recent high of $1.276, $FIL maintains a broader bullish market ...