In line with a July 13 report from Messari, presently medium 954.2 pebibytes (1.07 billion gigabytes) of storage transactions on its community, in comparison with 12.2 exbibytes (14.1 billion gigabytes) of uncooked storage capability. Till just lately, adoption was gradual resulting from excessive storage prices in comparison with centralized options resembling Amazon (NASDAQ:) Internet Companies.
Within the final quarter, the protocol generated 2.5 million of its personal Filecoin (THREAD) in income, amounting to $11.5 million, which represents a lower of 40.7% in comparison with the second quarter of final yr in {dollars}. Nonetheless, the drop was partly resulting from a pointy drop within the value of FIL tokens as a result of cryptocurrency bear market in 2022, which was considerably offset by the sharp improve in energetic storage agreements.
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