Filecoin Pay Expands Onchain Payments as FIL Tests $1.20 Resistance
- —Filecoin Pay is settling payments for paid usage of Filecoin Onchain Cloud
- —Sponsored payment rails would let apps cover storage costs for users
- —FIL is testing $1.20 resistance after a 23% gain from entry
- —A breakout above $1.20 could target the $1.50–$1.65 range
Why it matters: App-covered storage payments could lower onboarding friction for users and developers, though the impact on FIL demand remains unproven.
Source: TronWeekly