NFTs, gaming and storage: The key to Filecoin and Arweave accruing value? By Cointelegraph

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© Reuters.

With the rise of Ordinals on (BTC) 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.

Decentralized storage protocols (FIL) and Arweave (AR) show similar price action, leaving investors with a decision between the underdog showing signs of increased adoption by NFT users and blockchain gaming projects and the clear leader in market cap and adoption.

Arweave (AR) compared to Filecoin (FIL) by Total Market Cap. Source: CoinMarketCap.