7 Best Filecoin Alternatives in 2026
Last updated: 7/31/2026 · 🏗️ Infrastructure · 7 alternatives
Filecoin (FIL) is one of the most well-known Infrastructure cryptocurrencies with a current Value Score of 60/100. But is Filecoin the best choice in its segment? We identified 7 alternatives operating in the same Infrastructure space — ranked by our fundamental Value Score, which combines 10 on-chain and market metrics. Each alternative is compared against the original so you can decide with full data.
Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
How we pick alternatives
How we pick alternatives: (1) Same category as Filecoin — functionally comparable projects (Layer-1 vs Layer-1, DeFi vs DeFi, etc.). (2) Sorted by Value Score descending — coins with stronger fundamentals are prioritized. (3) Market cap is shown for context: smaller caps have higher percentage upside, larger caps offer more liquidity and established adoption.
Ankr Network (ANKR)
Rank #568 · $33.86M · $0.003386
Why an alternative: Higher Value Score (71 vs 60) with smaller market cap — more upside potential with stronger fundamentals.
Helium (HNT)
Rank #575 · $33.01M · $0.181739
Why an alternative: Higher Value Score (71 vs 60) with smaller market cap — more upside potential with stronger fundamentals.
Livepeer (LPT)
Rank #358 · $62.84M · $1.26
Why an alternative: Significantly smaller market cap ($62.84M) — comparable rating, higher percentage upside.
Siacoin (SC)
Rank #708 · $25.16M · $0.000506
Why an alternative: Significantly smaller market cap ($25.16M) — comparable rating, higher percentage upside.
Arweave (AR)
Rank #238 · $113.95M · $1.74
Why an alternative: Significantly smaller market cap ($113.95M) — comparable rating, higher percentage upside.
Golem (GLM)
Rank #268 · $93.89M · $0.093915
Why an alternative: Significantly smaller market cap ($93.89M) — comparable rating, higher percentage upside.
Theta Network (THETA)
Rank #218 · $124.34M · $0.124373
Why an alternative: Significantly smaller market cap ($124.34M) — comparable rating, higher percentage upside.
Side-by-Side Comparison
| Coin | Score | Market Cap | Price | 30d |
|---|---|---|---|---|
| Filecoin(FIL) · original | 60 | $578.04M | $0.713472 | -0.20% |
| Ankr Network(ANKR) | 71(+11) | $33.86M | $0.003386 | +1.40% |
| Helium(HNT) | 71(+10) | $33.01M | $0.181739 | -23.00% |
| Livepeer(LPT) | 69(+8) | $62.84M | $1.26 | -17.00% |
| Siacoin(SC) | 69(+8) | $25.16M | $0.000506 | -17.80% |
| Arweave(AR) | 64(+4) | $113.95M | $1.74 | -11.70% |
| Golem(GLM) | 64(+4) | $93.89M | $0.093915 | -14.10% |
| Theta Network(THETA) | 64(+3) | $124.34M | $0.124373 | -3.30% |
Bottom Line
Currently Ankr Network has a better Value Score than Filecoin (71 vs 60) in the same use case. That doesn't automatically mean "buy instead of Filecoin" — liquidity, network effects, and personal risk tolerance matter. But for investors actively looking for alternatives, the top 3 coins on this list are the best starting point for your own research.
Filecoin in Market Context
Market Position
Filecoin (FIL) currently sits in the long-tail without a stable top-100 rank — higher upside but materially elevated risk, with a current market cap of $578.04 M. As an infrastructure protocol, Filecoin serves developer tooling or oracle/storage functions — performance tracks broader ecosystem activity.
Recent Price Action
At $0.7135 (only 0% of the ATH of $236.84), Filecoin is in a deep correction — drawdowns of this magnitude have historically offered attractive re-entry zones depending on fundamentals. Over the last 7 days, Filecoin has moved sideways at −1.6%; over 30 days it has moved sideways at −0.20%.
Valuation Signals
A Value Score of 60.2/100 places Filecoin in the "Undervalued" zone, indicating a discount versus realized market cap and network activity. MVRV at 95/100 suggests a favorable valuation relative to realized cap. Low dev activity (score 30/100) is a cluster risk — project stagnation elevates long-term delisting risk. The NVT ratio (75/100) shows healthy network activity relative to market cap.
Risk Profile
Infrastructure risks: value capture is hard when protocols function as public goods — the "fat protocol thesis" remains unsettled. Weak tokenomics (40/100): elevated dilution risk from token emissions or concentrated insider wallets. Outside the top 100, exchange liquidity is thin and slippage on larger trades is non-trivial.
Frequently Asked Questions
What is the best alternative to Filecoin?
Based on our Value Score, Ankr Network (ANKR, score 71/100) is currently the highest-rated alternative in the Infrastructure segment. "Best" depends on your requirements though — liquidity, smart contract functionality, energy efficiency, etc.
Why should I consider alternatives to Filecoin?
Three main reasons: (1) Diversification — concentration risk in a single crypto is dangerous. (2) Higher upside potential — smaller coins in the same segment can rise more in percentage terms if fundamentals are solid. (3) Different trade-offs — e.g. higher transaction speed, lower fees, or better decentralization. Caveat: smaller coins also carry more risk and lower liquidity.
Are these alternatives better than Filecoin?
"Better" is subjective. The list is sorted by Value Score — coins with stronger fundamentals at the top. But the score doesn't capture everything: network effects, brand recognition, regulatory clarity, and adoption speed are additional factors. Use the list as a starting point for deeper research, not as a final buy decision.
How were these alternatives selected?
We filter all coins in our database (1000+ coins) by the same category as Filecoin (Infrastructure), exclude Filecoin itself, and sort by Value Score descending. The top 7 are listed here. The list auto-updates as scores change (hourly).