Filecoin (FIL) displayed robust resilience after a mid-session decline, bouncing back by 5% from a low of 2.39 USD. The trading volume during this correction, exceeding 2.8 million units, signals significant institutional involvement and strategic buyer interest.
The collaboration between the Filecoin Foundation and Ava Labs has introduced a new cross-chain data bridge. This enhancement connects high-speed smart contracts with secure data infrastructure, indicating forward momentum for Filecoin amidst a rising crypto market, with the Coindesk 20 index increasing by 3.1%.
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