Investing

Filecoin price soars as DePIN and AI hype revive investor confidence

The Filecoin price has staged one of its most dramatic recoveries of 2025, soaring more than 56% within 24 hours as excitement around decentralised infrastructure and artificial intelligence reignites investor optimism.

Once considered a lagging altcoin, Filecoin (FIL) has now re-emerged as a leader in the Decentralised Physical Infrastructure Network (DePIN) and artificial intelligence (AI) storage narrative, reclaiming key technical levels and drawing institutional attention.

Buyers regain control amid short squeeze and technical breakout

After months of stagnation, Filecoin has burst back to life, climbing from $1.30 to above $2.18 in less than two days.

Notably, the price surge comes with a wave of short liquidations and spot buying, signalling that traders are regaining confidence in the asset.

The rally has flipped short-term sentiment bullish for the first time since August, with the Filecoin price breaking above its 20 and 50-day exponential moving averages (EMAs) around $1.89.

FIL’s price has also cleared a major resistance at $1.93, pushing toward the 200-day EMA currently near $2.39.

Filecoin price chart | Source: CoinMarketCap

A decisive close above the 200-day EMA would confirm a structural breakout, potentially opening the door to $2.80 and $3.00.

Analysts warn, however, that a failure to hold above $1.98 could return FIL to its previous range between $1.40 and $1.70.

DePIN and AI fuel a powerful narrative shift

The rally comes ahead of the highly anticipated DePIN Day on November 18 in Buenos Aires, co-hosted by the Filecoin Foundation.