Following the v27 "Golden Week" upgrade, the Filecoin network has pivoted from speculative storage deals to enterprise-grade data storage, implementing stricter reliability and maintenance requirements.
Total committed capacity fell by 10% to 3.0 EiB as non-compliant operators exited due to increased penalties, reducing low-value activity.
Despite the drop in capacity, utilization rose from 32% to 36%, indicating that the remaining storage serves real data workloads rather than subsidy-driven speculation.
Daily new storage deals declined from 3.4 PiB to 2.8 PiB, but total active stored data decreased only 1% to 1,110 PiB, highlighting stability in commercial and institutional usage.
The network closed the quarter with 2,491 datasets online, a 3% increase, driven by long-term archival data from cultural and scientific institutions.
Meanwhile, the DeFi ecosystem contracted, with total value locked dropping 8.4% to $27 million and liquidity staking falling roughly 7%.
Governance and verified-storage programs, including ProPGF Batch 1, RetroPGF Round 3, and the Fil+ Allocator initiative, progressed, underscoring Filecoin's focus on quality over volume.
