Key Highlights:
- Filecoin (FIL) surges more than 60% today, November 7, 2025.
- DePIN Day hype fuels short-term momentum trading.
- Investors shift from centralized cloud storage to decentralized storage solutions.
Filecoin (FIL) has experienced an exceptional surge in the last 24 hours, spearheading renewed momentum in the DePIN (Decentralized Physical Infrastructure Networks) sector. This shows how sentiments around decentralized data is surging when compared to the broader crypto market.
At press time, the price of the token stands at $2.16 with a surge of 61.34% in the last 24 hours as per CoinMarketCap.
DePIN Sector Momentum Sparks Filecoin’s Run
The DePIN sector jumped 10.92% on November 7, with Filecoin and Arweave dominating the gains. The rally has come right ahead of the “DePIN Day Buenos Aires,” which has been scheduled for November 18, an event that will showcase next-generation infrastructure solutions that will bridge blockchain with data, connectivity and computation layers.
Analysts believe that the surge indicates that capital could be rotating back into storage and infrastructure-linked assets. As the demand for decentralized storage solutions grows, projects like Filecoin are again gaining their stance.
All of this happened when the market capitalization of the crypto world was down by 1.03% in the same 24 hours.
FIL’s decentralized storage system is something that has gained eyeballs from within the industry. The project lets the users store information across many independent computers worldwide, instead of storing them on cloud servers. In this way, the data becomes more secure and harder to play or tamper with, and it can be fully verified on the blockchain. This is also the reason why many people are choosing Filecoin for the purpose of storing sensitive data or long-term data without depending on a single company.
Recently, FIL has reacted strongly to themed events such as DePIN Day. Whenever conversations or announcements happen around decentralized infrastructure, FIL tends to move sharply, which makes it attractive to traders who look for quick momentum and high volatility.
The analysts and the market watchers will now be on a lookout to see what happens to the price of the token once the hype fades away. They will be more concerned if the token’s strong fundamental continue to support the rally, especially when the overall crypto market is still cautious.
Technical Breakout Confirms Bullish Momentum
Technical indicators show that FIL’s recent price jump has been because of a strong momentum. The MACD flipped positive, indicating that the trend may be reversing after weeks of sideways movement. The RSI is around 58 which means buying strength is increasing but the token is not overbought yet. FIL also broke above important price zones between $1.75-$2.02, a sign that buyers pushed through short-term resistance.
Trading volume spiked almost 700% to $1.32B showing a great activity from traders in both spot and derivatives markets. The next major resistance level is the 200-day EMA near $2.48. If FIL is able to hold its price above this level, the trend could turn bullish for the medium term. However, if the price falls below the $2.02 mark, it could lead to profit booking.
Filecoin continues to go above and beyond. The project has integrated with Cardano and Avalanche so that it can improve its cross-chain storage use and make FIL more accessible to the developers. These upgrades strengthen the project’s position as a decentralized storage layer for multiple blockchains. After experiencing a rebound of more than 60%, traders are watching if FIL can hold above the $2.02 mark. With DePIN Day ahead, the market will test whether this breakout is sustainable or just a short term hype.
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