Filecoin drops 9% ahead of Solstice upgrade on October 19
- —FIL fell 8.95% in 24 hours with trading volume down 27.3%
- —Open interest in FIL dropped 9.8%
- —Solstice upgrade (FIP118) activates on October 19
- —End of genesis vesting on October 15 cuts FIL emissions by 75%
Why it matters: Lower emissions and the burn of unearned rewards could tighten FIL supply, though near-term sentiment remains bearish.
Source: AMBCrypto