Web3 growth and expanding volumes in the NFT sector could eventually increase demand for decentralized storage providers, and this could possibly benefit Filecoin $FIL and Arweave $AR.
) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion surrounding decentralized storage coins.
The total market capitalization of the entire digital storage cryptocurrency landscape today is $4.87 billion,, and each protocol provides something different. The two largest projects in the space by market cap that specifically addresses storage needs for NFTs and blockchain gaming are Filecoin and Arweave. Filecoin is currently the top-ranked project in the sector.
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