File Coin (FIL) has significantly upgraded the protocol that allows developers to build apps with privacy and better security. Development was revealed in an update Filecoin’s official X handle is shared with members of the community.
FileCoin EVM upgrades bring greater security
According to Filecoin, the platform has upgraded the Filecoin Ethereum Virtual Machine (FEVM) with support for adding, pairing and checking points. To improve system security and efficiency, the BLS12-381 curve allows scalar multiplication.
In particular, point addition and scalar multiplication act as core building blocks for signatures and verification on the platform. This upgrade means that Filecoin now supports threshold signing, ZK proofing, and secure identity systems.
FEVM adds support for adding points, pairing checks, and scalar multiplication across the BLS12-381 curve, in line with Ethereum’s EIP-2537.
These operations support features such as threshold signatures, ZK proofs, and secure identity systems.
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– Filecoin (@filecoin) September 12, 2025
Threshold signing allows multiple parties to jointly sign transactions without compromising individual keys. Even if the platform supports scalable transactions, users can still maintain their privacy better.
All of these features allow developers to build apps with secure identity capabilities for distributed finance (DEFI) and distributed storage authentication.
FIL prices respond to volatility upgrades
The announcement sparked a market response as FIL (Filecoin) rose from $2.48 to $2.56 in the Crypto market. There were some minor corrections at the time of reporting, and now change $2.50 hand has dropped by 0.45% over the last 24 hours.
Market analysis showed investors made profits after the breakout, resulting in a decline in trading volume down 12.47% to $15,549 million.
FileCoin could use this upgrade to overturn price outlook and begin its rebound journey to 2022 highs. However, to achieve this Filecoin Investors You should rekindle your interest in the project and avoid dumping it for profit.
FileCoin needs to be relevant because it understands the versatility of the user, not just the existence of it. Storage Protocol.
