Decentraland vs Filecoin

General

Description

Decentraland Logo
Decentraland
 (MANA)

Decentraland is a decentralized virtual reality platform and 3D world built on the Ethereum blockchain. Users can freely explore, expand, and interact with the virtual environment. Using the native token MANA, virtual land parcels can be purchased as NFTs (Non-Fungible Tokens), enabling owners to create custom environments, interactions, and applications within the world.

Decentraland overview
Filecoin Logo
Filecoin
 (FIL)

Filecoin is a decentralized network that enables trading of unused cloud storage space. Participants can offer storage capacity and are compensated with Filecoin (FIL) by users who need storage. The marketplace relies on the Interplanetary File System (IPFS), a peer-to-peer network for storing files, essentially acting as a “decentralized Dropbox.”

Filecoin overview

Purpose and goals

Decentraland Logo
Decentraland
 (MANA)
  • Decentralized virtual 3D world
  • Digital land and economy
  • Creative and interactive game world
Filecoin Logo
Filecoin
 (FIL)
  • Decentralized storage network
  • Censorship-resistant cloud storage
  • Marketplace and infrastructure

Price and market data

Price chart

Decentraland
 (MANA)

$0.286

-1.73%
Filecoin
 (FIL)

$2.47

-0.23%
Market data
DecentralandFilecoin
Market cap
$549.73M
$1.69B
Market share
0.014%
0.042%
Current price

$0.29

-$0.010-3.52%

$2.47

-$0.089-3.62%
MANA converterFIL converter
All-time high
$5.85
Nov 25, 2021-95.09%
$236.84
Apr 01, 2021-98.95%
Crypto all-time highs
Cycle low
$0.19
+48.04%Apr 07, 2025
$1.99
+23.68%Jun 22, 2025
Prediction for 2025
Powered by AI
$0.70
+143.77%
$8.48
+242.13%
MANA predictionFIL prediction
Momentum
Negative
NegativePositive
Negative
Neutral
NegativePositive
Neutral
Relative Strength Index
Neutral
BuySell
Neutral (46.35)
Neutral
BuySell
Neutral (50.64)
Price trend
Negative
(16/30 days)
Positive
(16/30 days)
Price performance
+5.82%
-31.29%
Price performance
-36.26%
-48.69%
Price performance
-14.43%
-11.26%
Price performance
-1.73%
-0.23%
Price performance
-3.52%
-3.62%
Price performance
-1.50%
-1.26%
Annual return
-40.11%
-49.78%
Annual return
-7.44%
-18.09%
Annual return
+76.30%
+102.81%
MANA returnsFIL returns
Total return
+2,835.20%
2017 – 2025
-95.81%
2020 – 2025
Average annual return
+559.30%
-4.06%
Transaction volume
$45.03M
24h
$169.85M
24h
Max supply
2.19B
1.96B
Circulating supply
1.92B
684.05M
Inflation
3.22%
Year
22.92%
Year
Crypto inflation

On-chain data

Market data
DecentralandFilecoin
Total Value Locked (TVL)
$31.2M
What is Total Value Locked?
Market cap/TVL (ratio)
54.22
Transactions (avg./day)
425
Active addresses (24h)
471

Our rating

Our rating
DecentralandFilecoin
Our overall rating
Decentraland
Filecoin
How we evaluate cryptocurrencies

Our individual ratings

Risk
Decentraland: 3 of 10
Risk (Decentraland)
Filecoin: 2 of 10
Risk (Filecoin)
Decentraland Logo
Filecoin Logo
riskyless risky
Community
Decentraland: 6 of 10
Community (Decentraland)
Filecoin: 2 of 10
Community (Filecoin)
Decentraland Logo
Filecoin Logo
smalllarge
Hype & momentum
Decentraland: 5 of 10
Hype & momentum (Decentraland)
Filecoin: 2 of 10
Hype & momentum (Filecoin)
Decentraland Logo
Filecoin Logo
weakstrong
Active usage
Decentraland: 4 of 10
Active usage (Decentraland)
Filecoin: 6 of 10
Active usage (Filecoin)
Decentraland Logo
Filecoin Logo
lowhigh
Network effect
Decentraland: 1 of 10
Network effect (Decentraland)
Filecoin: 4 of 10
Network effect (Filecoin)
Decentraland Logo
Filecoin Logo
weakstrong
Decentralization
Decentraland: 5 of 10
Decentralization (Decentraland)
Filecoin: 4 of 10
Decentralization (Filecoin)
Decentraland Logo
Filecoin Logo
centralizeddecentralized

Our opinion

Decentraland Logo
Decentraland
 (MANA)
Decentraland launched in 2020 with the initial foundations and mechanics of its virtual world and has since been gradually developed further by the community. The VR game is considered one of the pioneers of “crypto games” and still enjoys significant popularity today. Its virtual land parcels are sometimes traded for impressive sums on NFT marketplaces like OpenSea. Decentraland might, in retrospect, be seen as one of the first steps toward the “Metaverse.” We find Decentraland exciting and intriguing, but remain cautious about investing in MANA. Some players report that the virtual world still feels somewhat dull and lacking in engaging content. Meanwhile, Decentraland is no longer alone in the market and has already faced strong competition from “The Sandbox,” which boasts a rapidly growing community. The competition in the VR worlds space is expected to intensify further in the future.
Decentraland overview
Filecoin Logo
Filecoin
 (FIL)
Filecoin presents an exciting use case for blockchains. Beyond finance, centralized control can be problematic in many areas. The ability to store certain files (documents, photos, videos) in a fully decentralized manner—thus protected from single points of failure, censorship, or manipulation—is highly valuable for various applications. Filecoin utilizes the IPFS protocol and provides an open marketplace to connect supply and demand. We consider Filecoin a solid, promising, and long-term project that often does not receive the attention it deserves. However, there are risks and challenges: the storage of highly illegal or morally questionable content is the dark side of a censorship-resistant network. It remains to be seen whether this will become an issue in the future and whether the demand for decentralized storage—and thus the price of cryptocurrencies like Filecoin—will continue to rise.
Filecoin overview

Details

Info
DecentralandFilecoin
Founder
Esteban Ordano, Ariel Meilich
Juan Benet
Developer
Decentraland Foundation, Community
Filecoin Foundation, Protocol Labs
Published
2020
2014
Open source
Yes
Yes
Sector
Virtual Reality
Storage
Key feature
Virtual Land
Marketplace
Blockchain
Ethereum Blockchain
Filecoin Blockchain
Staking
No
No
Consensus mechanism
Ethereum (ERC-20 Token)
Storage Power Consensus, Expected Consensus
Energy consumption
Medium
Low
Transactions per second
Institutional investors
  • Digital Currency Group
  • Boost VC
  • Animoca Brands
  • HASHED
  • Fabric Ventures
  • Fundamental Labs
  • etc.
  • Sequoia Capital
  • Digital Currency Group
  • Y Combinator
  • a16z Crpto
  • Galaxy Digital
  • Digital Currency Group
  • etc.
Community
607,835 followers
673,541 followers
Website
decentraland.org
filecoin.io
Whitepaper
Whitepaper
Whitepaper
Decentraland vs Filecoin

Decentraland or Filecoin

Market data comparison of MANA versus FIL

The current price of Decentraland is $0.29 and has decreased by in the last 24 hours. Filecoin is currently trading at $2.47, with a drop of over the same period. Decentraland has a market cap of $549.73M and ranks 166th. Filecoin follows with a market cap of $1.69B, ranking 78th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Decentraland or Filecoin?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Decentraland and Filecoin. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Decentraland or Filecoin, you can take a look at some additional market data to help with your decision:

Currently, Decentraland is about below it's all-time high of $5.85 reached on Nov 25, 2021.
In comparison, Filecoin is down approximately from it's all-time high of $236.84 on Apr 01, 2021.
Decentraland currently has a 73.49% lower 24h transaction volume of $45.03M compared to Filecoin with $169.85M.
Over the past year, Decentraland achieved a total return of , while Filecoin returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Decentraland and Filecoin. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Decentraland or Filecoin?

Today, there are many reputable and secure exchanges that make it easy to invest in Decentraland and Filecoin. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Decentraland and Filecoin are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Decentraland and Filecoin?

If you want to store cryptocurrencies like Decentraland or Filecoin yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Decentraland, Filecoin, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-18T23:50:33.036172+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.