Filecoin Trades Little Changed, Underperforms Wider Crypto Markets

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Filecoin Trades Little Changed, Underperforms Wider Crypto Markets The token has major support at the $1.36 level and resistance at $1.40. By Will Canny , CD Analytics | Edited by Cheyenne Ligon Dec 12, 2025, 2:20 p.m. Filecoin rises 0.5%, underperforms wider crypto markets. What to know : Filecoin slipped 0.2% to $1.37 over the last 24 hours. Trading volume was 29% above weekly averages as institutional flows accelerated. Filecoin dropped 0.2% to $1.37 over the last 24 hours as the token underperformed the wider crypto markets. The broader market gauge, the CoinDesk 20 index, was 3% higher at publication time. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . FIL trading activity jumped 29% above the seven-day average, signaling heightened institutional interest, according to CoinDesk Research's technical analysis model. The elevated volumes suggested smart money repositioning, with buyers stepping in at key technical levels, the model showed. Filecoin traded to a session high of $1.397 before distribution pressure mounted during the last hour, according to the model. The move established new short-term resistance near $1.40 and support at $1.36. Technical Analysis: Resistance formed at $1.40 session high Trading activity peaked at 5.9 million tokens during the 21:00 hour on Dec. 11, 68% above 24-hour averages. Final hour distribution pressure generated 642,087 tokens in volume during the breakdown sequence. Higher lows at $1.3577 and $1.3661 suggested underlying accumulation despite sector headwinds. Immediate upside targets at $1.3975 resistance and $1.40 psychological level. Downside risk extended to $1.39 session open, with major support zone beginning near $1.36 from the previous consolidation low. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy . AI Market Insights Filecoin Technical Analysis More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You MiCA Will Make or Break Euro-Pegged Stablecoins by 2026: DECTA By Will Canny , AI Boost | Edited by Cheyenne Ligon 9 minutes ago German payments processor DECTA expects euro-pegged stablecoins to gain traction in payments and tokenized finance as MiCA takes full effect across the EU. What to know : Euro stablecoins should benefit from MiCA’s full enforcement in 2026, creating a unified regime for reserves, supervision and operations, according to DECTA. Growth will hinge on MiCA-authorized issuers scaling banking rails, institutional settlement use and consumer-facing payment channels. The payments company expects non-compliant and synthetic euro tokens to give way to regulated stablecoins, though adoption will vary across EU member states. Read full story Latest Crypto News CoinDesk 20 Performance Update: SUI Gains 5.2%, Leading the Index Higher 4 minutes ago MiCA Will Make or Break Euro-Pegged Stablecoins by 2026: DECTA 9 minutes ago U.S. SEC Gives Implicit Nod for Tokenized Stocks 2 hours ago Bitcoin's Volatility Meltdown: Crypto Daybook Americas 2 hours ago YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecoin: Fortune 2 hours ago XRP Ledger Upgrade Lays Groundwork for Lending, Tokenization Expansion 2 hours ago Top Stories U.S. SEC Gives Implicit Nod for Tokenized Stocks 2 hours ago YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecoin: Fortune 2 hours ago Crypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens 2 hours ago XRP Lands on Solana, Ethereum and Others, in Boost for Ripple Ecosystem 9 hours ago Bitcoin's Volatility Meltdown: Crypto Daybook Americas 2 hours ago XRP Ledger Upgrade Lays Groundwork for Lending, Tokenization Expansion 2 hours ago