Siacoin (SC) has seen some ups and downs over the past year. However, there is optimism that the price could see gains in 2024 and beyond. Let’s look at our expert’s Siacoin (SC) price prediction for 2024, 2025, and 2030.
Siacoin’s Recent Partnerships
In late 2023, Siacoin announced partnerships with two large cloud storage providers to integrate SC payments into their platforms. These partnerships aim to expose SC to millions of new potential users.
Planned Upgrades
The Siacoin roadmap includes plans to transition to a new proof-of-storage consensus in 2024. This upgrade aims to improve security and scalability.
Siacoin (SC) Overview
Siacoin is a decentralized cloud storage platform that uses blockchain technology to allow users to rent out spare hard drive space. The available supply is over 41 billion SC coins.
Historical price data shows Siacoin reached an all-time high of $0.11 in January 2018 before declining significantly. Recently, it has traded between $0.001 and $0.01.
Key Metrics:
- Current price: $0.007364
- Market cap: $422,113,922
- 24h trading volume: $47,014,277
- Rank by market cap: #125
- Circulating supply: 56,008,983,033 SC
- Total supply: 56,030,535,000 SC
- Max supply: Unlimited
- Fully diluted market cap: $412,602,499
Siacoin (SC) Price Prediction 2024
| Date | Potential Low | Average Price | Potential High |
| January 2024 | $0.00387 | $0.00774 | $0.00594 |
| February 2024 | $0.00442 | $0.00798 | $0.00648 |
| March 2024 | $0.00497 | $0.00821 | $0.00701 |
| April 2024 | $0.00551 | $0.00844 | $0.00754 |
| May 2024 | $0.00606 | $0.00867 | $0.00807 |
| June 2024 | $0.00661 | $0.00891 | $0.00861 |
| July 2024 | $0.00716 | $0.00914 | $0.00914 |
| August 2024 | $0.00771 | $0.00937 | $0.00967 |
| September 2024 | $0.00826 | $0.00960 | $0.0102 |
| October 2024 | $0.00880 | $0.00984 | $0.0107 |
| November 2024 | $0.00935 | $0.0101 | $0.0113 |
| December 2024 | $0.00990 | $0.0103 | $0.0118 |
The Siacoin SC price prediction in 2024 is broadly positive, with the average price potentially reaching one cent by the end of the year. However, there is expected to be volatility with a potential high of 1.18 cents and low of 0.39 cents.
Siacoin (SC) Price Prediction 2025
| Date | Potential Low | Average Price | Potential High |
| January 2025 | $0.0103 | $0.0107 | $0.0122 |
| February 2025 | $0.0108 | $0.0112 | $0.0127 |
| March 2025 | $0.0112 | $0.0116 | $0.0131 |
| April 2025 | $0.0116 | $0.0120 | $0.0135 |
| May 2025 | $0.0120 | $0.0124 | $0.0139 |
| June 2025 | $0.0125 | $0.0129 | $0.0144 |
| July 2025 | $0.0129 | $0.0133 | $0.0148 |
| August 2025 | $0.0133 | $0.0137 | $0.0152 |
| September 2025 | $0.0137 | $0.0141 | $0.0156 |
| October 2025 | $0.0142 | $0.0146 | $0.0161 |
| November 2025 | $0.0146 | $0.0150 | $0.0165 |
| December 2025 | $0.0150 | $0.0154 | $0.0169 |
The 2025 Siacoin SC price prediction indicates the Siacoin price could continue to climb, with the average price potentially exceeding 1.5 cents by the end of 2025. However, there is expected to be some volatility between a low of 1.03 cents and a high of 1.69 cents.
Siacoin (SC) Price Prediction 2030
| Date | Potential Low | Average Price | Potential High |
| January 2030 | $0.0658 | $0.0678 | $0.0808 |
| February 2030 | $0.0682 | $0.0702 | $0.0835 |
| March 2030 | $0.0705 | $0.0727 | $0.0861 |
| April 2030 | $0.0729 | $0.0751 | $0.0888 |
| May 2030 | $0.0752 | $0.0776 | $0.0915 |
| June 2030 | $0.0776 | $0.0801 | $0.0942 |
| July 2030 | $0.0799 | $0.0825 | $0.0968 |
| August 2030 | $0.0822 | $0.0850 | $0.0995 |
| September 2030 | $0.0846 | $0.0874 | $0.102 |
| October 2030 | $0.0869 | $0.0899 | $0.105 |
| November 2030 | $0.0893 | $0.0923 | $0.108 |
| December 2030 | $0.0916 | $0.0948 | $0.110 |
The 2030 Siacoin SC price prediction forecasts significant gains, with the Siacoin price potentially averaging around 9.5 cents. However, volatility could see the price swing between a low of 6.6 cents and a high of 11 cents throughout the year.
About Siacoin
Siacoin is unique in offering decentralized cloud storage powered by blockchain technology. It allows users to be paid for renting out unused hard drive space.
The circulating supply is over 41 billion SC coins. Historical price data shows Siacoin reached an all-time high of $0.11 in January 2018 before declining significantly. Recently, it has traded between $0.001 and $0.01.
Siacoin (SC) Current Price
The current price is $0.0075, which is near the lower end of the recent trading range.
What Affects Siacoin Price?
Factors that influence Siacoin’s price include:
- Demand for decentralized storage
- Competition from centralized providers
- Cryptocurrency market volatility
- Technological developments & upgrades
- Mainstream adoption & use cases
Alternative Siacoin Price Predictions
WalletInvestor issues a positive long-term forecast, with a predicted price of $0.02 by 2027.
DigitalCoinPrice also issues optimistic predictions, forecasting a 2028 price of $0.054 and a 2030 price of $0.095. However, they note significant volatility is likely.
Final Recommendation
Coinsciper’s experts view Siacoin as an intriguing crypto with unique use cases and strong long-term growth potential.
According to Coinpedia, Siacoin has the fundamentals to be an excellent long-term investment option in cloud storage coins. However, investors should be prepared for volatility.
FAQs
Is Siacoin a good investment?
Based on the positive long-term price predictions, Siacoin has strong potential to be a good long-term investment. However, investors need to be comfortable with significant volatility.
Can Siacoin price reach $1?
Yes, the 2030 prediction indicates Siacoin could potentially reach $1 by the end of the decade. However, it may take longer to reach this milestone.
Can Siacoin price reach $10?
While not impossible, most analysts view $10 as an extremely optimistic price target even for the long term. Significant mainstream adoption would likely be needed to drive prices above $1.
