Anatoliy Yakovenko caused the growth of the Filecoin token

The Filecoin (FIL) cryptocurrency token is in the spotlight at a time when most of its peers are losing ground. According to CoinMarketCap, at the time of writing, the price of the virtual coin was $ 7.57, up 16.49% per day. In total, Filecoin grew by 39% in a month.

Filecoin has always been innovative, but the current rise has been made possible by Solana blockchain developer Anatoly Yakovenko. In a post on X, Yakovenko told his more than 313,600 followers that part of the «original archiver design for Solana was based on some of the evidence from the original Filecoin white paper.»

He also acknowledged that Filecoin’s technology was so advanced that developing a new archiver design for Solana might have seemed like a duplication at the time. This recognition helped reposition Filecoin as the primary decentralized cloud storage protocol in the space. Thus, Filecoin occupies a unique niche in the market that has contributed to its growth over the past few months.

Anatoliy Yakovenko’s comment came against the backdrop of the integration of both protocols. Filecoin has integrated Solana to increase accessibility to its data services. In addition to Solana, Filecoin is doing its best to open its doors to various protocols, including the Ethereum blockchain.

It is worth noting that last year, Filecoin launched its EVM compatibility mechanism, called the Filecoin Virtual Machine (FVM). It allows developers to create applications that can connect to the industry’s largest public network.