FIL Price Forecast: Explosive Growth Likely After Filecoin (FIL) v1.32.2 Upgrade
Upon deploying the v1.32.2 network upgrade at block height 4,878,840 on Monday, April 14, the wave of attention for Filecoin (FIL) is back. The update, which is required for all nodes, brings fundamental changes to the network’s architecture and has sparked speculation around a potential surge in FIL’s market valuation.
Other than these points, the upgrade is based on multiple Filecoin Improvement Proposals (FIPs) addressing such technical pain points. FIP-0097 is among the most notable for bringing transient storage features inspired by Ethereum’s EIP-1153. In this update, the computational and gas costs for smart contract execution are reduced by this update, as they resource the Filecoin Ethereum Virtual Machine (FEVM).
As a result, it makes the environment more developer-friendly: cleaner, devoid of resources. Moreover, it is expected to boost the decentralized application (dApp) activity which is related to the demand for FIL.
Meanwhile, FIP-0098 addresses the issue of termination fees. Beforehand, there was more variability in penalties to storage providers but these are now implemented through a simplified fee structure in the form of a fixed proportion of the initial pledge. This change is meant to make it less burdensome for providers to enter the network and to be able to participate more easily in the network.
Finally, the network also has access to FIP-0100, which removes Batch Balancer and replaces it with a per-sector gas fee model. It is reconfigured to relieve transaction congestion in the network and allows for smoother, more predictable interaction across the network. Noting that the upgrade also turns on one new feature called F3, which shortens the time needed for received transaction finality.
The increased speed of confirmations makes Filecoin to be more suitable as a reliable and fast decentralized storage. Further, there has been extensive transformation in the ecosystem. USDFC stablecoin, attached to the Filecoin and deployed on the mainnet, was launched with the aim of achieving liquidity stability.
The stablecoin is gaining visibility as it enters its first phase of Alpha in March and is listed on Sushiswap, DeFiLama, and CoinGecko, as reported earlier. The cushioning of FIL against extreme price swings may attract institutional interest to its presence.
Moreover, partnerships also play a major role. Mira and Storacha are using Filecoin for AI needs of projects. Moreover, Akave Cloud is plugging decentralized storage with enterprise systems through Snowflake integration.
From a technical perspective, the FIL price is right now located just right above the $2.536 resistance zone, trading at $2.57. Historical data suggests that this price level has been a barrier for trading cycles before. The current 24-hour range, between $2.46 and $2.57, places FIL on the edge of a potential breakout.
If bulls can sustain a move above this resistance with strong volume, it could result in an upward acceleration. Nevertheless, if it does not stay in momentum, a short-term retracement is possible. However, despite that, the network’s upgraded fundamentals might cap the decrease.
Teucrium CEO Endorses XRP as Essential for Future Financial Infrastructure
Teucrium CEO’s backing of XRP reinforces its growing status as a core asset in next-generation financial infrastructure.
With real-world use cases, regulatory positioning, and institutional demand, XRP continues gaining momentum as a top-tier digital currency
Sal Gilbertie, CEO of Teucrium, expressed strong support for XRP, according to a recent interview. This move is highlighting its potential role in the evolving financial infrastructure. Previously, it is reported that Teucrium launched the first U.S. 2x XRP ETF, according to a CNF report .
Gilbertie emphasized further that XRP’s practical applications, particularly in facilitating cross-border transactions. He noted that XRP’s established infrastructure and the competence of its development team make it a legitimate asset in the digital currency world. On a recent tweet , it is also revealed that:
Teucrium CEO Sal Gilbertie described the new 2x $XRP ETF as the company’s “most successful launch to date.” Speaking with ETF analyst Nate Geraci, he mentioned the product saw impressive demand, despite a quiet launch.
Teucrium’s recognition of a more favorable regulatory environment under the current SEC leadership has influenced its strategic decisions, including the launch of new financial products.
The Teucrium CEO pointed out that Ripple, the company behind XRP, has shown a willingness to operate within regulatory frameworks.
This approach aligns with the preferences of institutional investors who prioritize compliance and transparency. Gilbertie believes that XRP’s technology is already well-developed and ready for integration into the global financial system, offering near-instantaneous asset transfers.
As suggested in a 2024 CNF post that is XRP the future alternative to the Dollar, together with Sal Gilbertie’s endorsement of XRP underscores its significance in the future of financial infrastructure.
With its established technology, regulatory compliance, and practical utility, XRP is positioned to play a pivotal role in facilitating efficient and secure global transactions.
As at the time of writing, XRP is trading at approximately $2.15, reflecting a slight increase of 0.00467% from the previous day.
Although the cryptocurrency has experienced fluctuations, with an intraday high of $2.17 and a low of $2.11, XRP remains the fourth-largest cryptocurrency by market capitalization, indicating sustained investor interest .
As of now, XRP is trading at $2.15 USD, reflecting a 0.85% increase over the past day and 13.89% over the past week. See XRP price chart below.
Expert Says XRP Case Win Won’t Guarantee Price Surge—Here’s Why
Ripple’s legal showdown with the SEC might be inching toward closure , but the future of XRP’s price isn’t as straightforward as some might hope. An influential voice in the Ripple community has sounded a note of caution for those banking on an instant price explosion after the case wraps up.
In a post that stirred conversation, the crypto commentator behind “All Things XRP” reminded followers that the legal outcome might not deliver the windfall they expect.
“If you think XRP is going moon the moment the SEC case OFFICIALLY ends… You’re already late. That’s priced in,” he stated.
Meanwhile, XRP dipped a more modest 0.10% to settle at $2.14, with trading volume declining 6% to $3.75 billion. This underlines a strange paradox—despite growing optimism, price action remains muted. The reasons might go deeper than courtrooms and headlines.
The Ripple vs. SEC case has seen major movement, especially with Ripple and the regulatory body jointly asking the Appeals Court to hold appeals in “Abeyance.” Under the Trump administration, regulatory shifts are expected, but that hasn’t pushed XRP into breakout territory just yet.
The Ripple community remains divided. Some anticipate a short-term bump following the legal victory. Others align with All Things XRP, arguing that only real-world usage and expanded partnerships will ensure sustainable growth. “That’s where the action will be,” he wrote, urging the community to shift its focus beyond the court decision.
One curious XRP holder brought up a key question—if the coin once soared to $3.40, why can’t it cross $2.20 now? The influencer responded without flinching: “There are other factors at play,” implying that macroeconomic conditions and overall market sentiment play a critical role in price movements.
Interestingly, XRP has seen tailwinds from institutional moves. The recently launched Teucrium XRP ETF marked five straight days of capital inflows through last Friday, suggesting steady investor interest. That’s not nothing, especially in a choppy market.
Still, the ETF momentum hasn’t translated into a price rally. Even with legal progress and institutional demand, XRP remains stuck below prior highs. Many observers now believe that utility, rather than litigation, will drive long-term valuation.
One user named XRP Moon Shot pointed out that true price growth hinges on “ETFs and real-world use cases.” All Things XRP didn’t dispute that and called the statement a “fair call,” reinforcing the growing belief that technology adoption, not legal wins, is the key.
Despite the current drag, future price targets offer a glimmer of optimism. Standard Chartered recently pegged XRP’s value at $5.50 by the end of 2025. The projection factored in lawsuit resolution, product rollouts, and increasing enterprise use as core growth drivers.