Filecoin surges 6%, outperforms wider crypto markets

2026-01-05 22:27:09

Source: CryptoNewsNet Original Title: Filecoin surges 6%, outperforms wider crypto markets Original Link: Filecoin (FIL) rallied 6% on Monday to $1.59 during the 24-hour period, outperforming the wider cryptocurrency market.

The broader market gauge was 2.2% higher at publication time.

The storage token climbed from $1.51 to $1.59 over the session, carving out a $0.21 range (13.9%) while volume registered at approximately 91% of its 30-day average, suggesting controlled directional positioning rather than speculative froth.

The measured volume profile, falling short of the 110% threshold that signals elevated institutional participation, pointed to efficient positioning by informed traders.

The outperformance versus the crypto benchmark suggested rotational interest in storage infrastructure plays rather than Filecoin-specific developments.

FIL-2,99%

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