What is Siacoin?
Siacoin (SC) is an altcoin currently ranked 294th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $0.00068600, Siacoin carries a market capitalization of $38.46M. Daily trading volume across exchanges sits at roughly $4.82M. That works out to a 24-hour turnover of about 12.53% of the float — elevated turnover, often a signal of active narrative-driven trading.
Price action across timeframes
Over the past 24 hours, Siacoin has moved -1.35%; over the past week, Siacoin has moved -19.30%; over the past 30 days, Siacoin has moved -3.62%; over the past year, Siacoin has moved -73.71%.
Cycle position
Siacoin is currently trading far below its all-time high (all-time high of $0.00832563, -91.8% from peak). . From its all-time low of $0.00087690, current pricing represents a +-22% recovery.
Supply & dilution
The circulating supply stands at 59,864,235,676 SC. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts Siacoin in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities. Over the past 30 days, the 30-day move totals -3.62%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Siacoin
A balanced read on SC typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is SC performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Siacoin (SC) is the native cryptocurrency of the Sia decentralized storage platform, allowing users to rent out their unused hard drive space to others on the network. It aims to provide a secure, efficient, and cost-effective alternative to traditional cloud storage services. Source: CoinPaprika.com
