In 2024, Filecoin made significant progress in the decentralized storage sector, with storage utilization growing from 18% to almost 30%. The project introduced technological advancements such as Filecoin Web Services, fast finality, and the "Waffle" upgrade. These developments have boosted Filecoin's momentum and attracted interest from AI and Web3 sectors. Despite competition from players like Storj and Arweave, Filecoin displays a bullish outlook for 2025 and aims to continue dominating the world of decentralized storage.



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