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The post Filecoin Price Surge 51% as Grayscale’s Holdings Hit Records- $5? appeared com. The Filecoin price continues its explosive recovery, climbing over 51% in the past 24 hours. This surge follows yesterday’s massive 110% rally, which lifted the token from $1. 8 to $3. 9 before stabilizing near $3. 3. Consequently, market optimism around decentralized storage assets has intensified. Meanwhile, Grayscale’s FIL coin holdings have reached an all-time high, highlighting growing institutional confidence in Filecoin’s long-term potential. Filecoin Price Breaks Out After Ending Multi-Month Downtrend The Filecoin value now trades near $3. 26, holding firm after an incredible 110% rebound on November 7. The token soared from $1. 8 to $3. 9 before cooling off and finding balance around $3. 3. That breakout ended months of pressure from a long downward channel that had kept the market subdued since early 2025. Since then, buyers have shown renewed confidence, stepping back in after a long stretch of hesitation. The $3. 2 level, which used to block every rally attempt, has flipped into a strong support zone, creating a new foundation for the FIL coin price. Meanwhile, $3. 9 has become the next major barrier that bulls are now eyeing with determination. If accumulation keeps building between $3. 2 and $3. 3, Filecoin could be quietly setting up for another leg higher possibly reaching toward $5 before year-end. This recovery shows a shift in sentiment and suggests that Filecoin’s long period of stagnation might finally be coming to an end. Specifically, such a crossover often signals the beginning of a sustained bullish phase. Although the 200-day line remains slightly downward, the narrowing gap shows improving strength and growing buyer control. Additionally, holding above $3. 25 could keep short-term momentum alive.