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Filecoin Price Surges 16% as Trading Volume Explodes

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FIL
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Filecoin (FIL) has seen a significant surge in price over the past 24 hours, rising by over 16% to $0.7749 according to CoinMarketCap data.

This move comes as trading volume jumped by 338%, with FIL currently trading above key technical resistance levels around $0.80-$0.81.

The token has been on a strong recovery path since hitting an all-time low of $0.614 in August, and is now showing signs of increased trader activity with rising open interest and positive funding rates.

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