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Analysts forecast Filecoin could reach $3.11 by 2030
The outlook comes from analysts cited by Benzinga, with the article tying Filecoin’s long-term thesis to decentralized storage that started in 2017.
Benzinga cites analysts forecasting that Filecoin (FIL) could reach $3.11 by 2030.
The article also says Filecoin has positioned itself around decentralized storage since 2017, with the aim of letting users rent out hard drive space in exchange for FIL tokens.
Benzinga notes that the project has faced challenges including adoption not rising as expected, concerns about token inflation, and price performance described as not living up to early Web3 hype.
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