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Filecoin boom: more miners and more accounts
- Filecoin rose more than 9% Within the last 24 hours after breaking the new record.
- The number of miners on the network exceeds 2,550, Setting a record high for Filecoin.
- In addition to the new milestone, the network also exceeded the 1 million threshold for new accounts.
- At the time of writing, the transaction price of Filecoin is 56.52 USD And is working for it HyperDrive network upgrade
Filecoin has experienced a peculiar 2021, full of ups and downs, but at present, the network is cheering up and moving to a higher place. In the past day, the value of Filecoin has soared, and the daily transaction volume has experienced a reflective shock in the price.
This positive price increase may be a direct result of the increase in the number of miners on the network or the number of online accounts exceeding the 1 million mark.
For Filecoin, this is a good summer
Filecoin is bringing a wave of exciting news to the network, which has a positive impact on asset prices. As of this writing, Filecoin’s value has risen by more than 9% in the past 24 hours, bringing its market value to $4.73 billion.
After a series of activities around the network, Filecoin’s daily transaction volume at a price of $56.52 was also significantly affected.
The most iconic event involving Filecoin in recent days is the increase in the number of miners. In the week starting on June 28, the number of Filecoin miners increased to 2,553, a record high for the network.
After China’s recent crackdown on cryptocurrency activities, Filecoin miners had a difficult life.
Among other developments related to reaching the milestone, the number of accounts on the network has broken previous records. As of this writing, this number has exceeded 1 million, and with the many innovations currently planned, this number will flourish further.
HyperDrive network upgrade
Filecoin intends to announce the HyperDrive network upgrade to the public in the next few weeks. The upgrade is ready to take the network to a new level, because it contains a series of impressive features.
According to the announcement, this upgrade will increase the storage activation rate by up to 25 times and increase the chain bandwidth for important functions such as new transactions and storage verification. All in all, it drastically reduces gas fees for new storage transactions.
There is no doubt that the promised upgrade has largely contributed to the soaring price of cryptocurrencies.
on the other hand
- Filecoin is severely affected Chinese authorities take a hard line About cryptocurrency.
- Banks and financial institutions have Stop From facilitating cryptocurrency transactions.
- A Chinese company related to Filecoin was acquired peer-to-peer survey It is the responsibility of Chinese law enforcement agencies.
Filecoin: A brief overview
Filecoin provides a decentralized option for storing “humanity’s most important information”. The network attempts to differentiate itself from other storage companies plagued by centralization issues by providing alternatives to decentralization.
Since its launch, Filecoin has hit a record high of US$237.24 and ranked 24th in terms of market capitalization, slightly higher than TRON and lower than the stablecoin Dai.
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