Filecoin has concluded its third Retroactive Public Goods Funding round, allocating more than 500,000 FIL tokens to 91 projects across its ecosystem. The funding milestone comes as the decentralized storage network continues its transition from a single-purpose storage protocol into a programmable and verifiable cloud infrastructure. This strategic shift has attracted more than 100 development teams building on what Filecoin now describes as its Onchain Cloud stack.
At the time of the announcement, FIL was trading near $1.55, reflecting a modest decline over the prior 24-hour period and giving the network a market capitalization of approximately $1.14 billion. Despite short-term market fluctuations, the latest funding round underscored Filecoin’s focus on long-term ecosystem development rather than near-term price performance.
How RetroPGF Supports Proven Contributions
The third RetroPGF round received 120 applications from across the Filecoin ecosystem, with 91 projects ultimately selected to receive funding. Unlike traditional grant programs that finance proposed future work, the RetroPGF model rewards teams for contributions that have already delivered measurable value. This approach, which has gained traction across Web3 ecosystems, is designed to incentivize impactful development without requiring speculative commitments.
While the Filecoin team confirmed that the total distribution exceeded half a million FIL, it did not disclose detailed breakdowns by project category. Even so, the scale of the allocation represents a meaningful deployment of capital intended to reinforce tooling, infrastructure, and services already contributing to network growth.
Rising Adoption of Filecoin Onchain Cloud
Recent ecosystem data has pointed to increasing adoption of Filecoin’s Onchain Cloud services. A Messari Pulse report highlighted growing interest following the platform’s testnet launch, particularly around Filecoin Pay. While the report did not provide precise usage figures, it indicated that demand for on-chain payment and settlement tools tied to storage services has been trending upward.
This growth narrative has been reinforced by the launch of new infrastructure offerings. Storacha introduced Forge, a service that provides IPFS-compatible warm storage combined with cryptographic proofs that verify data possession. At the same time, Akave Cloud rolled out a Filecoin-backed archival storage tier aimed at artificial intelligence, Internet of Things, and regulatory compliance use cases, where verifiable and auditable storage is increasingly important.
Core Upgrades Enable Verifiable Storage
Both new services rely on Proof of Data Possession, a feature introduced in mid-2025 alongside Fast Finality. These upgrades reduced transaction confirmation times and enabled verifiable hot and warm storage, expanding Filecoin’s capabilities beyond long-term cold storage. Together, these improvements have laid the technical foundation for Filecoin’s repositioning as a general-purpose cloud infrastructure rather than a niche storage network.
The network’s technical evolution has been matched by changes on the governance front. During FIL Dev Summit 7, the Filecoin Foundation introduced the Constellation Program, which is designed to experiment with more community-driven governance mechanisms. The program is intended to test new participation models in stages before broader adoption across the network.
Community Credentials and Long-Term Vision
For developers seeking early recognition within the ecosystem, Filecoin has introduced CloudPaws NFTs. These limited credentials are intended to acknowledge early contributors to the Onchain Cloud initiative and may play a role in future governance participation or early access to testing programs.
Looking ahead, Filecoin’s 2026 roadmap appears increasingly oriented toward enterprise adoption. Ecosystem partners have identified several storage trends driving demand for stronger guarantees around proof, predictability, and operational control. The network’s recent partnership with Atlas Eon 100 to explore DNA-based data storage points to an interest in novel permanence solutions that extend well beyond conventional cloud use cases.
After more than five years focused on decentralized storage, Filecoin is now betting that its next growth phase will come from becoming foundational infrastructure for AI workloads and data-intensive decentralized applications. Whether the expanding builder base can translate this transformation into sustainable protocol revenue remains a central question for FIL holders observing the network’s evolution.