Sia is the leading decentralized cloud storage platform. No signups, no servers, no trusted third parties. Sia leverages blockchain technology to create a data storage marketplace that is more robust and more affordable than traditional cloud storage providers.

Sia encrypts and distributes your files across a decentralized network. You control your private encryption keys and you own your data. No outside company or third party can access or control your files, unlike traditional cloud storage providers.

What Is Siacoin (SC)?

Siacoin Price Prediction: Is Siacoin a Good Investment?

Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the “backbone storage layer of the internet.”

Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.

How Many Siacoin (SC) Coins Are There in Circulation?

Siacoin has no maximum supply. Because it is a utility token designed to be used to power transactions via smart contracts, the project has stated that there must be a limitless supply in order to match the effectively limitless amount of data that can be created and stored.

New Siacoin is introduced as mining rewards through the Sia blockchain’s proof-of-work mining algorithm. The mining reward started at 300,000 SC and decreased at a rate of 1 SC with each block mined until it reached 30,000 SC in July 2020. The block reward will now forever remain 30,000 SC.

Siacoin is removed from the ecosystem when hosts lose tokens or their collateral is left unrefunded due to bad actions. In the future, the development team intends to introduce a proof-of-burn mechanism by which hosts will be required to burn a small percentage of their revenue to prove that they are real and have good intentions.

The Sia development team mined approximately 100 blocks (around 30 million SC) before publicly releasing the mining algorithm. The platform’s team and investors reportedly hold less than 0.1% of the total Siacoin supply.

Siacoin Price Prediction 2021

MonthAverage Price ($)Change (%)
Feb 2021$0.07916362 USD46.49 %
Mar 2021$0.07276006 USD34.64 %
Apr 2021$0.08101238 USD49.92 %
May 2021$0.07038862 USD30.26 %
Jun 2021$0.08581233 USD58.8 %
Jul 2021$0.08863472 USD64.02 %
Aug 2021$0.07425929 USD37.42 %
Sep 2021$0.07981810 USD47.71 %
Oct 2021$0.08905515 USD64.8 %
Nov 2021$0.08264150 USD52.93 %
Dec 2021$0.07510163 USD38.98 %

Siacoin Price Prediction 2022

MonthAverage Price ($)Change (%)
Jan 2022$0.08551012 USD58.24 %
Feb 2022$0.08796733 USD62.79 %
Mar 2022$0.08606377 USD59.26 %
Apr 2022$0.09656795 USD78.7 %
May 2022$0.09383055 USD73.64 %
Jun 2022$0.09468658 USD75.22 %
Jul 2022$0.08868672 USD64.12 %
Aug 2022$0.08698723 USD60.97 %
Sep 2022$0.08592584 USD59.01 %
Oct 2022$0.09623876 USD78.09 %
Nov 2022$0.10539974 USD95.04 %
Dec 2022$0.10772943 USD99.36 %

Siacoin Price Prediction 2023

MonthAverage Price ($)Change (%)
Jan 2023$0.11509485 USD112.99 %
Feb 2023$0.10974502 USD103.09 %
Mar 2023$0.13473238 USD149.33 %
Apr 2023$0.11920404 USD120.59 %
May 2023$0.10312775 USD90.84 %
Jun 2023$0.11205347 USD107.36 %
Jul 2023$0.12379661 USD129.09 %
Aug 2023$0.11669548 USD115.95 %
Sep 2023$0.12965881 USD139.94 %
Oct 2023$0.11337664 USD109.81 %
Nov 2023$0.09989644 USD84.86 %
Dec 2023$0.09952010 USD84.16 %

Siacoin Price Prediction 2024

MonthAverage Price ($)Change (%)
Jan 2024$0.12446017 USD130.32 %
Feb 2024$0.13298458 USD146.09 %
Mar 2024$0.15619993 USD189.05 %
Apr 2024$0.15425912 USD185.46 %
May 2024$0.13357239 USD147.18 %
Jun 2024$0.12531922 USD131.91 %
Jul 2024$0.15407525 USD185.12 %
Aug 2024$0.15536123 USD187.5 %
Sep 2024$0.11397490 USD110.91 %
Oct 2024$0.13101748 USD142.45 %
Nov 2024$0.13348136 USD147.01 %
Dec 2024$0.12167087 USD125.15 %

Siacoin Price Prediction 2025

MonthAverage Price ($)Change (%)
Jan 2025$0.18786679 USD247.65 %
Feb 2025$0.17552992 USD224.82 %
Mar 2025$0.18406237 USD240.61 %
Apr 2025$0.18431973 USD241.09 %
May 2025$0.14345283 USD165.46 %
Jun 2025$0.14068649 USD160.34 %
Jul 2025$0.16227829 USD200.3 %
Aug 2025$0.18803197 USD247.96 %
Sep 2025$0.15869782 USD193.67 %
Oct 2025$0.16490662 USD205.16 %
Nov 2025$0.16759162 USD210.13 %
Dec 2025$0.13856212 USD156.41 %

Siacoin Price Prediction 2026

MonthAverage Price ($)Change (%)
Jan 2026$0.17543333 USD224.64 %
Feb 2026$0.17327138 USD220.64 %
Mar 2026$0.19128044 USD253.97 %
Apr 2026$0.20321739 USD276.06 %
May 2026$0.17834224 USD230.03 %
Jun 2026$0.18583860 USD243.9 %
Jul 2026$0.18895416 USD249.66 %
Aug 2026$0.17505725 USD223.95 %
Sep 2026$0.21267055 USD293.55 %
Oct 2026$0.17500609 USD223.85 %
Nov 2026$0.20980710 USD288.25 %
Dec 2026$0.17970999 USD232.56 %

Siacoin Price Prediction 2027

MonthAverage Price ($)Change (%)
Jan 2027$0.19365072 USD258.35 %
Feb 2027$0.20176293 USD273.37 %
Mar 2027$0.19699806 USD264.55 %
Apr 2027$0.20152048 USD272.92 %
May 2027$0.21179538 USD291.93 %
Jun 2027$0.19989721 USD269.91 %
Jul 2027$0.23051071 USD326.57 %
Aug 2027$0.20871143 USD286.23 %
Sep 2027$0.23970855 USD343.59 %
Oct 2027$0.21070493 USD289.91 %
Nov 2027$0.19177999 USD254.89 %
Dec 2027$0.23925593 USD342.75 %

Siacoin Price Prediction 2028

MonthAverage Price ($)Change (%)
Jan 2028$0.21770365 USD302.87 %
Feb 2028$0.26048955 USD382.04 %
Mar 2028$0.24478180 USD352.97 %
Apr 2028$0.26807571 USD396.08 %
May 2028$0.23039185 USD326.35 %
Jun 2028$0.22667948 USD319.48 %
Jul 2028$0.23891694 USD342.12 %
Aug 2028$0.22064417 USD308.31 %
Sep 2028$0.22656175 USD319.26 %
Oct 2028$0.21914408 USD305.53 %
Nov 2028$0.21633908 USD300.34 %
Dec 2028$0.23804617 USD340.51 %

* Our predictions are made on the basis of Historical Data. We are not responsible for any profit / loss.

Where Can You Buy Siacoin (SC)?

Siacoin can be purchased on cryptocurrency exchanges such as 

  • Binance
  • OKEx
  • Huobi Global and 
  • Upbit, among others.

It can be traded on spot markets against fiat currencies such as the U.S. dollar and the South Korean won, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), and the stablecoin Tether (USDT).

Are you interested in buying Siacoin or other cryptocurrencies such as Bitcoin? Bulliscoming has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.

Is Siacoin a Good Investment?

According to its whitepaper, the long-term goal of Sia is to compete with existing storage solutions. It sees itself as being in direct competition with major cloud storage providers such as Amazon, Google, and Microsoft. Because of its decentralized nature, Sia is able to offer competitive storage rates.

Files stored on the Sia network are divided into 30 encrypted segments, with each segment uploaded to a unique host for redundancy. The agreements between uploaders and hosts are recorded on Sia’s blockchain and enforced using smart contracts. Siacoin acts as the method of payment on the network, with renters paying hosts using SC, and hosts locking SC in smart contracts as collateral.

Skynet, the company behind Sia and Siacoin, has announced several products built on top of the Sia network, including SiaStream — a cloud-based media streaming application — and the Skynet network — its flagship content delivery and file-sharing network.

The company has received several rounds of funding and grants, including from Bain Capital Ventures, Paradigm, and blockchain. In addition, each storage-related transaction on the Sia network is subject to a 3.9% fee, which is distributed to holders of the company’s second cryptocurrency, Siafund — with Skynet holding approximately 85% of all Siafund.

With all the use cases of Siacoin that makes us think Siacoin is a good investment that will yield massive returns overtime. Meanwhile this is not a financial advice.

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