Based on July 13 Messari report, presently averages 954.2 pebibytes (1.07 billion gigabytes) value of storage transactions on its community, in comparison with 12.2 exibytes (14.1 billion gigabytes) value of uncooked storage capability. To this point, adoption has been sluggish as a result of excessive storage prices in comparison with centralized options equivalent to Amazon (NASDAQ: ) Net Companies.
Over the last quarter, the protocol generated 2.5 million your Filecoin (PHIL) earnings amounting to 11.5 million USD, which represents a lower of 40.7% in comparison with the second quarter of final 12 months in {dollars}. Nevertheless, the decline was partly as a result of sharp drop within the value of FIL tokens as a result of 2022. bear market in cryptocurrencies, which was considerably offset by a pointy enhance in energetic storage transactions.
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