The market capitalization of Filecoin would reach $12 billion if its price rises to $20 based on current dynamics of an expanding market. Key drivers include:
The rising number of decentralized applications makes Filecoin position itself as "the hard drive of Web3" with greater likelihood of dominance. The use of Filecoin as storage for assets held by NFT marketplaces and metaverse platforms would likely increase market demand.
Filecoin Price Prediction 2025 has a controlled circulating supply of about 600 million FIL which will be accessible. The supply/tightening mechanism through staking rewards and burns should increase prices by reducing supply.
Right after BlockDAG successfully launches its scalable network it could increase attention towards beneficial blockchain ventures such as Filecoin. The increasing market values lift all participating assets through FIL and its opportunity to benefit from this positive trend.
Read More about of Filecoin Price Prediction - https://blockdag.network/blog/filecoin-price-prediction-for-2024-2025-and-2030