Storacha introduces decentralized hot storage layer on top of Filecoin, supported by Proof of Data Possession technology.
The introduction of AI agents storing and accessing data without central servers via Storacha's MCP Storage Server is aimed at providing fast and accessible data retrieval.
Filecoin collaborates with Bagel Labs to enhance privacy of AI data using encryption, zero-knowledge proof, and differential privacy, while Internet Archive stores US government web data on Filecoin for added security.
Other developments include the launch of cross-chain data bridge between Filecoin and Avalanche C‑Chain, Network Version 25 update for enhanced efficiency, and current FIL price at approximately $2.53 with a market cap exceeding $1.70 billion.