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FIL price surges 20.32% following smart contract development on Filecoin

FIL price surges 20.32% following smart contract development on Filecoin

Filecoin announced plans to launch the Filecoin Virtual Machine (FVM) on March 23. The introduction of the FVM is expected to bring smart contracts and user programmability to the Filecoin Mainnet.

Filecoin has surged by 20.32% in the last 24 hours; following new reports, this network plans to launch smart contracts on March 23 to make it a fully-fledged layer 1 protocol. With this news, the token’s price has seen an impressive uptrend.

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