Should You Buy Filecoin in 2025?

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At HelloSafe, our expert has been monitoring the performance of the cryptocurrency Filecoin for over three years. Every month, hundreds of thousands of users across the UK trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased Filecoin nor received any compensation from entities associated with its ecosystem.

Filecoin at a glance

How much does 1 Filecoin cost?

The price of Filecoin is rising this week. As of today, FIL is trading at approximately £1.95, reflecting a 24-hour increase of +2.12%, despite a slight weekly dip from last week’s support level.

Filecoin’s market capitalisation stands near £1.3 billion, ranking it 32nd among all cryptocurrencies, with an average daily trading volume of around £74 million over the past three months.

The circulating supply is 675.42 million FIL, accounting for roughly 0.11% of the total crypto market. Volatility remains high, underlining both risks and the potential for dynamic opportunities in this emerging sector.

Our complete review of the Filecoin cryptocurrency

Have Filecoin’s recent price actions and network milestones set the stage for a bullish reversal in decentralised storage? We’ve meticulously analysed Filecoin’s evolving market dynamics over the past three years, systematically combining on-chain analytics, technical momentum, real-time market data, and the competitive DePIN environment within our proprietary frameworks. So, why could Filecoin once again represent a strategic entry point in decentralised infrastructure for 2025 and beyond?

Filecoin: Recent Performance and Market Backdrop

Recent Price Evolution

Over the last 12 months, Filecoin (FIL) has traced a dynamic—some might say volatile—path, trading sharply lower by nearly 99% off historic all-time highs, and currently consolidating around the $2.47 USD level. While the asset saw material declines through 2024 and H1 2025, the most recent months have exhibited a degree of stabilisation, notably maintaining price action above the critical $2.00 structural support. Volatility, as measured by rolling weekly swings, remains pronounced, with FIL registering a modest +2.12% uptick in the last 24h and curbing losses after a minor dip below $2.50 last week.

Noteworthy Recent Events

Several positive protocol milestones have landed in 2025, most notably the NV25 "Teep" upgrade (April), which streamlined fee structures and enhanced bandwidth. The current deployment phase for the “Fast Finality” (F3) upgrade is anticipated to offer a leap—a projected 450x boost—in transaction speed and confirmation, positioning Filecoin on the vanguard of next-generation DePIN and smart storage networks. Ongoing work—especially in AI/data infrastructure via partnerships like Recall, Theoriq, and Ungate—subtly yet persistently strengthens the narrative.

Crypto Macro Backdrop: Signs of Renewed Sector Tailwinds

Despite broader market ambiguity, the macro context for decentralised storage and DePIN has begun to inflect positively. A surging appetite for scalable data solutions—exacerbated by global AI adoption and exponential data generation—has revived investor appetite for infrastructure plays. Filecoin, embedded within this secular trend, continues to benefit from structural “future of data” narratives and early-phase institutional due diligence.

Technical Analysis: Building for Reversal?

Key Crypto Indicators

• Relative Strength Index (RSI): Currently at 39.6—near, but not at, oversold; often a precursor to rebound phases.
• MACD: Slightly negative (-0.106), confirming ongoing consolidation, but with scope for trend inflection on strong newsflow.
• Simple Moving Averages: FIL sits below all major short/medium-term SMAs (20, 50, 100-day), and substantially below the 200-day—an indicator of a deep “reset” zone often favoured by value-oriented and contrarian crypto funds.

Technical Structure

• Support: The $2.00 threshold has acted as a robust multi-month base, persistently defended even in liquidation-driven regimes.
• Resistance: Filings at $2.60 and $2.68 represent near-term resistance; a clear break above these would shift momentum.
• Momentum Outlook: Despite technical “Sell” bias from the majority of moving averages (13 sell, 1 buy), risk/reward begins to tilt favourably for medium-term reversals. Periods of capitulation in crypto frequently set the stage for rapid, powerful reaccumulation phases.

Favourable Short-Medium Term Setups

• Historically, deep-value zones below key moving averages have preceded pronounced relief rallies during prior market cycles.
• On-chain activity (storage deals, smart contract deployment, fee revenue) hints at growing foundational interest, a necessary precondition for price recovery.

Fundamental Analysis: The DePIN Value Proposition

Adoption, Partnerships, and Ecosystem Momentum

• Enterprise and Web3 Adoption: Filecoin is progressively embedding with mission-critical data, notably through initiatives with the Internet Archive and large-scale AI/data partners.
• Ecosystem Growth: Recent grant rounds, tooling upgrades, and developer-centric releases (e.g., Akave v0.1.0) are attracting a new cohort of builders and dApp creators.
• Decentralised Infrastructure Integration: Filecoin remains the backbone of the IPFS protocol and is uniquely positioned across the DePIN spectrum.

Attractive Relative Valuation

• Market Capitalisation: At $1.66B USD, FIL sits at a notable discount compared to network value, especially given its dominance in the decentralised storage segment.
• Fully Diluted Valuation: The potential growth in circulating supply is mitigated by programmatic emission schedules and huge prospective demand from AI/data storage.
• TVL and Data Capacity: Filecoin’s aggregate storage under management continues to expand, solidifying moat effects and staking market leadership.

Structural Advantages

• Technological Innovation: Filecoin’s Proof-of-Replication and Proof-of-Spacetime mechanisms remain best-in-class for data integrity and cost efficiency at blockchain scale.
• Community Strength: A globally distributed cohort of developers, miners, and clients; active protocol governance orchestrated through the Filecoin Foundation and Protocol Labs.
• First Mover & Differentiation: Among all DePIN assets, Filecoin’s established ecosystem and interoperability continues to command respect, especially as enterprise partners seek battle-tested storage solutions.

Volumes & Liquidity

• Exchange Activity: With $94.56M 24h volume, FIL demonstrates meaningful on-market liquidity—underpinning ease of access both for professional and retail allocations.
• Dominance: Filecoin remains a top capitalisation within the storage token universe, validating its persistent appeal across cycles.

Catalysts: What Could Accelerate Price Discovery?

• Protocol Upgrades: Completion of the F3 (Fast Finality) upgrade is likely to be a significant technical and sentiment inflexion.
• New Integrations: Further AI/enterprise storage partnerships could bring infusions of both capital and developer mindshare.
• Broader Web3 Growth: Macro tailwinds from DePIN infrastructure adoption, Web3/NFT verticals, and regulatory clarity boost conviction.
• Tokenomics: Expected and improving clarity around FIL emissions, governance, and founder unlock schedules.

Investment Strategies: Timely Positioning across Horizons

Short-Term Arguments (1–3 months)

• Technical Rebound Play: The deep oversold environment historically offers attractive, risk-managed entry for reactive traders.
• Catalyst Trading: Potential for “buy the rumour” momentum as the F3 upgrade approaches or new ecosystem integrations are announced.

Medium-Term Arguments (3–9 months)

• Structural Repricing: Continued ecosystem growth, further adoption in AI/data verticals, and new grant initiatives could drive a steady reevaluation.
• Building Accumulation: Proactive dollar-cost averaging (DCA) strategies could compound returns as the asset transitions from capitulation to recovery.

Long-Term (1+ year) Perspective

• Infrastructure Play: In a world rapidly shifting towards decentralised data and AI, Filecoin’s network and robust infrastructure position it strategically for next-cycle leadership.
• Secular Growth Narrative: The DePIN thesis—data as trustless, interoperable, permissionless infrastructure—remains far from fully priced in.
• Compounding Ecosystem Value: As total network usage scales, a commensurate appreciation in FIL’s digital asset value becomes structurally likely.
• Entry Timing: For investors with a long-term horizon, technical pullbacks into the $2.00–$2.40 band present historically attractive risk/reward profiles—especially ahead of anticipated upgrades or structural news.

FILECOIN FIVE-YEAR PRICE PROJECTIONS

Is Now the Time to Consider Filecoin?

Key Strengths Overview

• First-mover dominance in decentralised storage, commanding the sector’s largest developer community and network.
• Continuous protocol innovation (NV25, F3 upgrades) driving efficiency and scaling potential.
• Increasing real-world integration, notably within the $9 trillion AI market and through strategic partnerships with leading digital culture archives and enterprises.
• Attractive liquidity and consistent top-market capitalisation within the DePIN and broader crypto landscape.
• Forward-looking technical profile suggesting a favourable risk/reward dynamic, especially after a prolonged consolidation phase.
• Macro and sectorial tailwinds, with AI/data infrastructure adoption poised for exponential growth.

Optimistic Outlook & Conviction-Driven Opportunity

While the technical charting for Filecoin currently reflects a completed capitulation cycle, the underlying fundamentals and compounding network effects present a compelling case for renewed strategic interest. Filecoin’s evolving integration into the broader digital data economy, coupled with ambitious protocol upgrades and sustained ecosystem development, increasingly justify a forward-looking allocation as the market rotates toward infrastructure-backed assets. From both a value and growth perspective, the current set-up strongly supports the view that Filecoin could well enter a new bullish phase as ecosystem catalysts materialise.

Filecoin remains a high-volatility cryptocurrency that seems to represent an excellent dynamic investment opportunity—especially for those who manage risk rigorously and are seeking exposure to the surging, transformative decentralised storage sector. Its recent price acceleration demonstrates the protocol’s ability to generate swift upside moves, yet evolving macro dynamics call for selective allocation. The $2.00 support serves as a technical line in the sand, while resistance at $2.60 and the anticipated F3 protocol upgrade in the latter half of 2025 could become pivotal for price evolution—placing Filecoin squarely on the watchlist for strategic investors seeking asymmetric gain potential.

How to buy Filecoin?

It’s easy and secure to buy Filecoin (FIL) online through a regulated platform in the UK. Investors can choose between two main methods: buying Filecoin for spot (direct ownership of the token), or trading via crypto CFDs (Contracts for Difference), which let you speculate on price movements without actually holding the asset. Each approach comes with its own features, fees, and risk profile. Not sure which suits you? You’ll find a full comparison of platforms and their costs further down the page.

Buying Filecoin Spot

Spot purchase means acquiring real Filecoin tokens, stored directly in your exchange or private crypto wallet—you own the FIL outright. Typical fees are a fixed commission per transaction, commonly around 0.5–1% based on your trade size and in your local currency (GBP).

Example

Suppose Filecoin trades at $2.47 (about £1.95), and you invest £1,000. You could buy approximately 512 FIL, accounting for a £5 transaction fee.

Gain scenario: If Filecoin’s price rises by 10%, your holding would be worth £1,100.
Result: +£100 gross gain, or +10% on your initial investment.

Trading Filecoin via CFD

Trading Filecoin through CFDs means you don't actually own FIL. Instead, you enter a contract to benefit from price changes, with the option to use leverage. Main costs here are the spread (difference between buy/sell price) and an overnight financing fee if you keep your position open for several days.

Example

You commit £1,000 and choose a 5x leverage for your Filecoin CFD. This gives you exposure to £5,000 worth of FIL price movement.

Gain scenario: If Filecoin climbs by 8%, your position gains 8% × 5 = 40%.
Result: +£400 profit (before fees), on your original £1,000 deposit.

Compare Platforms & Choose Your Approach

Always compare the fees, features, and security measures of each platform before investing in Filecoin. Your choice between spot purchase and CFD trading should fit your goals, risk tolerance, and level of experience. For a detailed comparison, simply scroll down to our platform comparison tool below.

Our 7 tips for buying Filecoin

The latest news about Filecoin

Filecoin has continued its technical evolution with major network upgrades enhancing efficiency and developer tools. Most notably, the NV25 "Teep" upgrade, launched in April and actively impacting performance this week, has streamlined network operations by introducing simplified per-sector fees and elevating overall efficiency. These developments underpin Filecoin's value proposition as a robust decentralized storage solution, which is particularly relevant as more UK businesses and research institutions seek cost-effective, resilient digital storage for large datasets.

The integration progress between Filecoin’s ecosystem and the AI industry is gathering pace, reinforcing prospects for adoption across the UK tech sector. Recent partnerships and project milestones, such as direct support for AI initiatives like Recall and Theoriq, have strengthened Filecoin’s utility for data-intensive applications. With the UK government and private sector increasingly investing in AI and machine learning infrastructure, Filecoin’s positioning as a decentralised, scalable storage option aligns well with national strategic priorities on digital sovereignty and data protection.

The Fast Finality (F3) protocol upgrade, now in preparation, is expected to dramatically reduce transaction finality times and improve user experience. This upcoming upgrade, which promises up to a 450-fold speed increase in finality, is a significant technical catalyst that could directly benefit UK-based developers and institutional users of Filecoin. Faster transaction settlements may facilitate smoother use cases for digital archiving, legal compliance, and real-time data-sharing scenarios that are of increasing interest in the UK digital economy.

Recent launch of the ProPGF public goods funding program may energize UK-based open-source and digital culture initiatives leveraging Filecoin storage. By providing grants and funding, this initiative invites more UK academic, archival, and community groups to participate in Filecoin’s ecosystem, further diversifying the network’s use cases and stakeholder base. This is especially valuable in the British context, where public and private partnerships often drive digital innovation in heritage and research.

Major UK exchanges maintain active Filecoin listings, with regulated platforms supporting GBP trading and custody, facilitating adoption and compliance. Prominent trading venues accessible to UK residents, including Bitstamp and Kraken, have reported stable FIL/GBP trading volumes throughout the past week. Strong integration with locally regulated exchanges ensures Filecoin remains accessible within the UK's legal framework and tax guidelines, supporting broader retail and institutional participation as confidence in compliant crypto infrastructure grows.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.