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Analysts forecast Filecoin price could reach $3.11 by 2030
The outlook hinges on whether decentralized storage adoption grows enough to offset concerns about token inflation and slower demand.
Benzinga says analysts are forecasting that Filecoin (FIL) could rise to $3.11 by 2030.
The article frames Filecoin’s thesis as decentralized storage, positioning the network as an alternative to centralized cloud providers by letting users rent out hard drive capacity in exchange for FIL tokens.
It also notes that Filecoin has faced headwinds, including flat adoption progress, concerns about token inflation, and weaker-than-expected price performance.
In addition, it suggests future performance could depend on whether real-world storage use expands, and whether storage deals on the network increase compared with other decentralized storage competitors.