So fast! Feels like a blink of an eye, and Filecoin is already 6 years old—launched at its peak! Good news: The annual release of 68.3 million FIL tokens will stop. Bad news: Only need a 400X+ pump to break even! The end of this vesting period doesn’t mean there will be no new FIL supply. Block rewards for storage providers will still be issued, but the token release structure has changed: 25% will be released immediately, and the remaining 75% will unlock gradually over 180 days. Personally, I think this marks an important turning point for FIL’s economic model entering a new phase. In the past, the market had to absorb a large amount of vested token releases, but now this supply pressure is about to exit. In the long run, this is undoubtedly a change worth paying attention to. However, we can’t simply equate a decrease in new supply with a price increase. Whether the market can pick up ultimately depends on Filecoin’s actual storage demand, ecosystem applications, capital interest, and whether the market can absorb the current circulating supply. Improvement on the supply side is just the first step; what truly determines how far FIL can go is whether demand can keep up. #Filecoin #Crypto #Blockchain