Breaking out from a near-identical structure to XRP’s Q3 2024 move, Siacoin (SC) is poised to moon.
Once a top 20 crypto, SC has just closed outside an 8-year falling wedge on the weekly—marking the end of nearly a decade of compression.
But this isn’t just a pattern breakout—it coincides with the biggest technical overhaul in Sia’s history, rolled out on the 10-year anniversary of the token’s launch. Some of the new features:
- Full protocol overhaul — complete rewrite in Go (from siad to hostd/renterd)
- Faster performance — significantly improved upload/download speeds
- Modular architecture — easier dev integration, plug-and-play infrastructure
- Efficient storage contracts — new ephemeral account system for faster payments
- Lower gas costs — more cost-effective microtransactions for storage users
- Better redundancy & reliability — improved renter-host coordination
- Stronger developer tools — RESTful APIs + CLI tools for building on Sia
V2 basically turned Sia from a clunky decentralized Dropbox into a scalable, developer-friendly Web3 storage protocol, just in time for the AI + data sovereignty wave.
Still buried in market cap rankings, SC has the potential to quietly reclaim a top 30 spot as the world rediscovers decentralized storage. This isn’t a meme coin—it’s a battle-tested, utility-rich project with real infrastructure, real adoption potential, and serious upside.
#Siacoin #SC #Sia
Once a top 20 crypto, SC has just closed outside an 8-year falling wedge on the weekly—marking the end of nearly a decade of compression.
But this isn’t just a pattern breakout—it coincides with the biggest technical overhaul in Sia’s history, rolled out on the 10-year anniversary of the token’s launch. Some of the new features:
- Full protocol overhaul — complete rewrite in Go (from siad to hostd/renterd)
- Faster performance — significantly improved upload/download speeds
- Modular architecture — easier dev integration, plug-and-play infrastructure
- Efficient storage contracts — new ephemeral account system for faster payments
- Lower gas costs — more cost-effective microtransactions for storage users
- Better redundancy & reliability — improved renter-host coordination
- Stronger developer tools — RESTful APIs + CLI tools for building on Sia
V2 basically turned Sia from a clunky decentralized Dropbox into a scalable, developer-friendly Web3 storage protocol, just in time for the AI + data sovereignty wave.
Still buried in market cap rankings, SC has the potential to quietly reclaim a top 30 spot as the world rediscovers decentralized storage. This isn’t a meme coin—it’s a battle-tested, utility-rich project with real infrastructure, real adoption potential, and serious upside.
#Siacoin #SC #Sia
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.