The launch of Sushi (SUSHI) on the Filecoin network is expected to significantly improve the data storage blockchain that has obtained the majority of its total value locked (TVL) from liquid staking protocols like GLIF, STFIL, and SFT Protocol.
Amid the FIL price spike, its daily average traded volume has gained about 89 percent in the past 24 hours to hover around $464 million on Monday and a market cap of about $2.6 billion.
Amid the ongoing slow altcoin breakout, the Filecoin (FIL) network, a decentralized storage system that has grown through the 2022 crypto bear market, closed above a crucial resistance level, around $5, over the weekend to ensure a continued uptrend in the coming weeks.
Trading around $5.44 on Monday, up approximately 13 percent in the past 24 hours, FIL bulls are well incentivized to reach the next major resistance zone between $9.2 and $11.34 before the year ends.
Moreover, the Filecoin network has received a major boost after a veteran decentralized exchang
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