Filecoin experienced a 64% QoQ increase in active deals in Q2’23 despite the severe effects of the SEC litigation against Coinbase and Binance. 
Fileccoin storage capacity has remained stable, fluctuating between 5.05 PiB (pebibytes) and 6.14 Pib during the last quarter. 
Filecoin, a decentralised data service platform based on the Interplanetary File System (IPFS), has recorded a 64%  QoQ increase in active deals in Q2’23. Despite the coin facing severe effects from the SEC vs Coibase and Biance litigation, the QoQ record is impressive. 
1/ Curious about @Filecoin’s Q2 2023 performance?
Filecoin’s performance in Q2’23 witnessed a 64% QoQ increase in active deals. Additionally, the Filecoin Virtual Machine enabled new usage cases.@tech_metrics and @JenniferOvat dive into highlights below. pic.twitter.com/AgmQKDtmEH
— Messari (@MessariCrypto) July 13, 2023

The coin’s storage utilisation increased from 4% in Q1’23 to nearly 8% in Q2’23, causing storage capacity to decre

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