Arweave Protocol, a blockchain-based cloud storage provider, is attracting attention for its unique market opportunity in providing a solution for users seeking to store data permanently.
Bitcoin (CRYPTO: BTC) traded lower, but traded above the key level of $24,000 on Tuesday.
Ethereum (CRYPTO: ETH) also recorded losses, but traded above the $1,600 mark this morning.
Filecoin's (CRYPTO: FIL) price has increased 32.1% over the past 24 hours to $7.19. Over the past week, FIL has experienced an uptick of over 38.0%, moving from $4.94 to its current price. As it stands right now, the coin's all-time high is $236.84.
Bitcoin (CRYPTO: BTC) traded lower, but remained above the key level of $23,000 on Friday.
Ethereum (CRYPTO: ETH) also recorded losses, but remained above the $1,600 mark this morning.
Over the past 24 hours, Filecoin's (CRYPTO: FIL) price has fallen 3.41% to $3.63. This is opposite to its positive trend over the past week where it has experienced a 11.0% gain, moving from $3.27 to its current price.
Over the past 24 hours, Filecoin's (CRYPTO: FIL) price has fallen 5.22% to $3.0. This is opposite to its positive trend over the past week where it has experienced a 2.0% gain, moving from $2.92 to its current price.
As 2022 draws to a close, it is clear that decentralized crypto exchange’s native token GMX (CRYPTO: GMX) is the biggest gainer, surging over 102% and trading at $45, as per Benzinga Pro data.
Ethereum Classic (CRYPTO: ETC), is up 5% topping intraday gains, outpacing the movement seen on the second-largest cryptocurrency Ethereum (CRYPTO: ETH).
Over the past 24 hours, Filecoin's (CRYPTO: FIL) price has fallen 3.66% to $2.91. This continues its negative trend over the past week where it has experienced a 33.0% loss, moving from $4.35 to its current price.