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Siacoin price

Siacoin priceSC

Not listed
$0.001605USD
+3.74%1D
The price of Siacoin (SC) in United States Dollar is $0.001605 USD.
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Siacoin price USD live chart (SC/USD)
Last updated as of 2025-11-23 13:50:52(UTC+0)

Siacoin market Info

Price performance (24h)
24h
24h low $024h high $0
All-time high (ATH):
$0.1117
Price change (24h):
+3.74%
Price change (7D):
-12.07%
Price change (1Y):
-74.71%
Market ranking:
#299
Market cap:
$89,907,111.55
Fully diluted market cap:
$89,907,111.55
Volume (24h):
$5,057,599
Circulating supply:
56.03B SC
Max supply:
--
Total supply:
62.03B SC
Circulation rate:
90%
Contracts:
--
Links:
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Live Siacoin price today in USD

The live Siacoin price today is $0.001605 USD, with a current market cap of $89.91M. The Siacoin price is up by 3.74% in the last 24 hours, and the 24-hour trading volume is $5.06M. The SC/USD (Siacoin to USD) conversion rate is updated in real time.
How much is 1 Siacoin worth in United States Dollar?
As of now, the Siacoin (SC) price in United States Dollar is valued at $0.001605 USD. You can buy 1SC for $0.001605 now, you can buy 6,231.5 SC for $10 now. In the last 24 hours, the highest SC to USD price is $0.001611 USD, and the lowest SC to USD price is $0.001540 USD.
AI analysis
Today's hot spots in the crypto market

Crypto Market Rocked by Significant Downturn on November 23, 2025

The cryptocurrency market is experiencing a turbulent period as of November 23, 2025, with major digital assets like Bitcoin (BTC) and Ethereum (ETH) facing sharp declines amidst a confluence of macroeconomic pressures and significant market movements. The overall sentiment leans towards 'extreme fear,' with substantial value wiped out across the board.

Bitcoin and Ethereum Lead the Retreat

Bitcoin, the world's largest cryptocurrency, has seen considerable volatility, retesting the $85,000 level after a challenging week. While it managed to breach $84,000 and subsequently $85,000, it remains down by 11% on weekly charts. Just a few days prior, on November 17, Bitcoin was trading around $94,860, but by November 21, it had slipped into the low $80,000s, closing at $80,553 on Friday. Analysts are closely watching the $80,000 support level, warning that a drop below it could trigger even larger losses. This downturn has erased Bitcoin's year-to-date gains, with a 12% loss over the past week.

Ethereum has followed a similar trajectory, struggling to maintain its position above key support levels. Its price decisively broke through $3,000 and further support zones, stabilizing above $2,700 after dropping to $2,680. ETH was trading near $3,140 on November 17, falling to roughly $2,784 by November 21, and is currently retesting its 20-day EMA at $2,823. Ethereum is down nearly 19% so far in 2025.

Macroeconomic Headwinds and ETF Outflows Fueling the Decline

The pronounced declines in the crypto market are largely attributed to broader macroeconomic uncertainty and a prevailing 'risk-off' sentiment among investors. Concerns about expensive tech stocks, coupled with uncertainty surrounding US interest rate decisions, have led to a sell-off in riskier assets, including cryptocurrencies. A weak job market and dovish comments from the New York Fed President John Williams have also played a role.

Further exacerbating the market's woes are significant outflows from US Bitcoin spot ETFs. SoSoValue data indicates that these ETFs have lost over $3 billion in the past month, with weekly outflows amounting to approximately $1.5 billion. November alone has seen multi-billion-dollar outflows from spot Bitcoin ETFs after substantial inflows earlier in 2025. This indicates institutional caution and a shift in investor behavior. The market also witnessed heavy liquidations, with over $2.2 billion in leveraged crypto trades wiped out on November 21, with Bitcoin accounting for the majority of these losses.

Some analysts suggest that the current volatility reflects broader market deleveraging rather than crypto-specific events, viewing it as a mid-cycle correction rather than a full market capitulation, as 20-30% pullbacks are common even during bull cycles.

Other Notable Events and Trends

Beyond the price action, other developments are shaping the crypto landscape:

  • Bitcoin as 'Digital Gold': BlackRock's head of digital assets, Robbie Mitchnick, emphasized that institutional investors are primarily treating Bitcoin as a store of value, or 'digital gold,' rather than a future payments network. He noted that the payments role for Bitcoin remains speculative and would require significant scaling advancements to become practical.

  • Crypto ATM Operator in Trouble: Crypto Dispensers, a crypto ATM operator, is reportedly considering a $100 million sale of its business. This comes shortly after its founder and CEO, Firas Isa, was charged by the US Department of Justice with conspiracy to commit money laundering amounting to $10 million.

  • Altcoin Corrections: XRP and TRON have also experienced corrections after overheating. Despite nine new XRP ETFs launching, which initially created a short lift, the rally faded, leaving traders searching for more stable opportunities.

  • November Crypto Events: November 2025 has been an active month for the crypto industry with several conferences and summits. Events such as the Mining Disrupt Conference in Texas (November 12-14) focused on mining trends and regulatory impacts, while the Cardano Summit in Berlin (November 8-10) and Bitcoin Amsterdam (November 13-15) brought together developers, investors, and policymakers. The Ethereum Cypherpunk Congress is also scheduled for November 25-27, focusing on privacy and advanced cryptography.

As the crypto market navigates ongoing volatility and macroeconomic uncertainties, investors are advised to exercise caution and monitor key support levels closely.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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The following information is included:Siacoin price prediction, Siacoin project introduction, development history, and more. Keep reading to gain a deeper understanding of Siacoin.

Siacoin price prediction

When is a good time to buy SC? Should I buy or sell SC now?

When deciding whether to buy or sell SC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SC technical analysis can provide you with a reference for trading.
According to the SC 4h technical analysis, the trading signal is Sell.
According to the SC 1d technical analysis, the trading signal is Sell.
According to the SC 1w technical analysis, the trading signal is Strong sell.

What will the price of SC be in 2026?

In 2026, based on a +5% annual growth rate forecast, the price of Siacoin(SC) is expected to reach $0.001715; based on the predicted price for this year, the cumulative return on investment of investing and holding Siacoin until the end of 2026 will reach +5%. For more details, check out the Siacoin price predictions for 2025, 2026, 2030-2050.

What will the price of SC be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Siacoin(SC) is expected to reach $0.002085; based on the predicted price for this year, the cumulative return on investment of investing and holding Siacoin until the end of 2030 will reach 27.63%. For more details, check out the Siacoin price predictions for 2025, 2026, 2030-2050.

About Siacoin (SC)

What Is Siacoin?

Siacoin is a decentralized cloud storage platform that leverages blockchain">blockchain technology to facilitate secure, private, and affordable data storage solutions. Founded in 2013 by developers David Vorick and Luke Champine, Siacoin aims to be the backbone storage layer of the internet, offering a viable alternative to centralized cloud storage services like Amazon and Google. The platform operates on a peer-to-peer network, eliminating the need for intermediaries and ensuring data privacy and security.

Siacoin is a fully automated ecosystem comprising renters, hosts, and miners, overseen by a dedicated team of developers. The network is built upon the principles of privacy and security, with features that prevent third-party access to stored data. Siacoin's open-source protocol utilizes data sharding techniques and redundancy to enhance data obfuscation and retrievability, making it a highly affordable and reliable data storage solution.

Resources

Whitepaper: https://sia.tech/sia.pdf

Official Website: https://sia.tech/

How Does Siacoin Work?

Siacoin operates through a unique system where anyone with extra storage space on their computer can become a host, offering storage solutions to renters in a contractual agreement. The platform employs file sharding technology, where files are split into multiple segments and distributed globally to various storage providers. This process not only accelerates transfer speeds but also ensures data redundancy, preventing single points of failure.

Before being uploaded to the network, files are encrypted using Siacoin's Threefish algorithm, guaranteeing that only the data owner can access the stored information. This encryption process stands as a stark contrast to conventional cloud storage providers, where encryption is not always the default option, and keys are often held by the service provider.

Siacoin's network is underpinned by smart contracts that facilitate agreements between hosts and renters. These contracts detail the storage duration, pricing, and other parameters, with hosts required to provide regular proofs of storage to maintain transparency and trust within the network. Payments within the ecosystem are facilitated using the SC token, fostering a seamless transaction process.

What Is SC Token?

The SC token, or Siacoin, is the central currency powering the Sia network. This utility token facilitates transactions within the marketplace, with renters using SC to pay for storage space and hosts receiving payments in SC for offering their services. Siacoin also features a secondary token known as Siafunds, which serves as a revenue-sharing mechanism within the network. Siafund holders receive a portion of Siacoins as rewards upon the completion of contracts, fostering a sustainable ecosystem that encourages continuous growth and development.

Siacoin's Impact on Finance

In the broader financial landscape, Siacoin stands as a testament to the transformative potential of blockchain technology. By offering a decentralized and encrypted storage solution, Siacoin is paving the way for a new era of data security and privacy. Its innovative approach to cloud storage not only challenges the dominance of established players but also presents a more affordable and secure alternative for individuals and businesses alike.

Furthermore, Siacoin's decentralized nature promotes financial inclusivity, allowing anyone with extra storage space to earn passive income through the network. As the demand for secure and private data storage solutions continues to grow, Siacoin is poised to play a significant role in reshaping the financial dynamics of the digital age..

What Determines Siacoin's Price?

In the dynamic world of cryptocurrency, the Siacoin price today is influenced by a myriad of factors that potential investors keenly observe through meticulous Siacoin (SC) price analysis and detailed Siacoin technical analysis. One of the primary determinants of the evolving Siacoin price prediction is its utility within the Sia network, a decentralized cloud storage platform. The current Siacoin value is closely intertwined with its role in facilitating transactions within the network, where it functions as the medium of exchange for various services and features. Users looking to secure data storage on the Sia network acquire the necessary space utilizing Siacoin tokens, thereby driving demand and potentially influencing the Siacoin price in USD or Siacoin price in BTC.

The Siacoin market cap, significantly noted at over 160 million SC tokens as of this writing, remains a critical factor that experts scrutinize when crafting Siacoin investment strategies. Investors and enthusiasts often maintain a close watch on the Siacoin price history and Siacoin price graph to gauge the potential Siacoin future price, formulating informed decisions based on trends and patterns noticeable in the Siacoin daily price fluctuations.

Moreover, developments within the Sia network and its affiliated platforms, like Skynet - a decentralized file-sharing and content delivery platform built atop Sia - can significantly influence the Siacoin price forecast. Innovations and upgrades within the network, as highlighted in the latest Siacoin news, can encourage increased user engagement, potentially driving up the demand and, consequently, the SC token price. As the network undergoes transformations to offer enhanced features and security measures, it could boost investors' confidence, reflecting positively on the Siacoin price predictions for 2023 and beyond. Like any other cryptocurrency, it remains essential for potential investors to conduct comprehensive research and analysis, staying updated with Siacoin historical data and market trends to make well-informed decisions regarding their Siacoin investment.

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SC/USD price calculator

SC
USD
1 SC = 0.001605 USD. The current price of converting 1 Siacoin (SC) to USD is 0.001605. This rate is for reference only.
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SC resources

Siacoin ratings
4.4
101 ratings

Tags

Mineable
PoW
Blake2b
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What is Siacoin and how does Siacoin work?

Siacoin is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Siacoin without the need for centralized authority like banks, financial institutions, or other intermediaries.
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Global Siacoin prices

How much is Siacoin worth right now in other currencies? Last updated: 2025-11-23 13:50:52(UTC+0)

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FAQ

What factors influence Siacoin price?

A multitude of specific factors can influence the value of Siacoin and form SC’s market price. One such factor is the limitless total supply and circulating supply. Much like the United States Dollar (USD), Siacoin (SC) doesn’t have a fixed supply – which makes SCinflationary. The market cap of Siacoin is calculated by multiplying the number of SC in circulating supply with the current price of SC on the open crypto market. Another important factor that may influence Siacoin’s value is the overall adoption of its network. The greater the number of users on the Siacoin network, the more demand for SC, which should consequently lead to increased value even with its inflationary policy.

What is Siacoin history?

The concept of Siacoin cloud storage was initially introduced by David Vorick and Luke Champine at an MIT hackathon. They went on to establish Nebulous Inc., Siacoin's parent company, in 2014 and launched the beta network for Siacoin in 2015. With funding of $750,000 from various contributors, the development of the Nebulous Inc. and Siacoin project was set in motion. By the close of 2015, the duo successfully introduced the final version of the Siacoin storage network. Post-launch of the final blockchain, Vorick and Champine have secured over $6.4 million in investments for the company from notable investors like Fenbushi Capital, Raptor Group, INBlockchain, and First Star Ventures. The Siacoin network has experienced continual growth and evolution, with Vorick and Champine expanding their team by bringing on a diverse array of developers, thereby enhancing Siacoin's presence and reputation in the decentralized cloud storage sector for SEO optimization.

How does Siacoin work?

The Siacoin network operates on a decentralized peer-to-peer system, allowing participants to be hosts or renters and manage their own data, enhancing data security and user autonomy. Utilizing Siacoin (SC) for transactions, users pay for storage services, with the data being fragmented and distributed across nodes, ensuring increased security and reducing vulnerability. This distribution also allows for immediate real-time responses, eliminating reliance on a central server. The network’s foundation lies in File Contracts, a form of smart contracts, facilitating interaction between hosts and renters. Hosts, offering their storage capacities, are compensated by renters and can set their service terms. Siacoin employs the Proof-of-Work (PoW) protocol, enabling SC mining, with no cap on Siacoin’s maximum supply, highlighting its scalable and user-centric approach in the decentralized storage landscape.

What is Siacoin used for?

The Siacoin blockchain offers a decentralized experience within the cloud storage sector, allowing people to rent and use storage space and bandwidth in exchange for SC-based payments. Staked SC can also be lost by unstable network hosts.

What makes Siacoin unique?

Siacoin stands out due to its distinctive utility and effective features, aiming to bring decentralization to the cloud storage industry. Traditional cloud service providers often face challenges such as high rental fees, mismanagement of data, insufficient security, server responsiveness issues, and concerns regarding data ownership. Siacoin addresses these problems by employing a decentralized framework and a peer-to-peer system, enabling users to interact through File Contracts and set the terms and pricing of contracts and rental arrangements. With aspirations to become a leading decentralized cloud storage network, Siacoin ensures users' data security and establishes data ownership through the possession of private keys.

What gives Siacoin value?

Siacoin gains value through its unique technical capabilities and practical use. As the exclusive currency within its network, SC coins are essential for forming contracts between hosts and renters, underscoring the intrinsic value of Siacoin through utility, adoption, and technological prowess. For the peer-to-peer system to operate effectively, renters are required to compensate hosts in Siacoin, necessitating the purchase of SC coins. Hosts, in turn, can either sell their SC coins for profit or choose to hold onto them, thereby monetizing their services. The inherent value of Siacoin is rooted in its distinctive peer-to-peer structure, complemented by appealing services and advanced technology, enhancing its SEO presence in the digital currency landscape.

What is the current price of Siacoin?

The live price of Siacoin is $0 per (SC/USD) with a current market cap of $89,907,111.55 USD. Siacoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Siacoin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Siacoin?

Over the last 24 hours, the trading volume of Siacoin is $5.06M.

What is the all-time high of Siacoin?

The all-time high of Siacoin is $0.1117. This all-time high is highest price for Siacoin since it was launched.

Can I buy Siacoin on Bitget?

Yes, Siacoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy siacoin guide.

Can I get a steady income from investing in Siacoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Siacoin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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