Latest Siacoin (SC) News Update

Deep Dive

1. @SiaFoundation: Wallet Upgrade Deadline Looms 🚨 Bullish

"Crypto exchanges listing $SC must upgrade walletd to v2.11.0+ before December!"
– @SiaFoundation (18.4K followers · 557 likes · 2025-11-04 16:15 UTC)
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What this means: This is bullish for SC’s network health as it forces infrastructure modernization, though exchanges slow to comply could temporarily disrupt trading.

2. OKX Announcement: SC Delisting Confirmed 📉 Bearish

OKX SG will remove SC trading pairs on 2025-09-29, citing failure to meet listing standards. Deposits already suspended.
– OKX SG (Corporate account · 2025-09-26 08:00 UTC)
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What this means: Bearish pressure as reduced exchange access typically precedes liquidity erosion – SC’s 24h volume ($6.3M) already sits below its 90-day average.

3. @Volume_Stocks: Wyckoff Pattern Spotted 📊 Mixed

“$SNOW completed PS→SC→AR→ST phases… SC at 27.30 RSI suggests oversold bounce potential”
– @Volume_Stocks (12.1K followers · 24.6K likes · 2025-09-01 16:35 UTC)
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What this means: Neutral technical signal – while the Wyckoff framework suggests accumulation, SC’s -37.81% 90-day price drop contradicts pure bullish momentum.

Conclusion

The consensus on SC is mixed – bullish network upgrades clash with bearish exchange exits and prolonged price declines. Watch the December 1 wallet compatibility deadline: successful migration could validate the V2 hardfork’s “Utreexo” efficiency claims, while delays might exacerbate SC’s -59.36% annual decline. A classic crypto infrastructure play where tech progress and market sentiment diverge.

Deep Dive

1. Exchange Wallet Upgrade Alert (4 November 2025)

Overview:
The Sia Foundation warned crypto exchanges listing SC to upgrade to walletd v2.11.0+ by December 2025 to ensure compatibility with the latest network standards. This follows the v2 hardfork completed earlier in 2025, which introduced Utreexo syncing and Ledger support.

What this means:
This is neutral for SC, as compliance ensures continued exchange support but highlights dependency on third-party infrastructure. Exchanges that delay upgrades risk service disruptions, potentially reducing liquidity. (Sia Foundation)

2. OKX Delists SC Tokens (26 September 2025)

Overview:
OKX SG delisted SC and FORTH tokens, suspending trading pairs (SC/USD, SC/USDT) on 29 September. Deposits were halted earlier, and users were advised to withdraw holdings promptly.

What this means:
This is bearish short-term due to reduced accessibility and potential sell-offs before delisting. However, SC’s 11.5% weekly gain (as of November 2025) suggests resilience, possibly offsetting exchange-related headwinds. (OKX)

3. V2 Hardfork Adoption Boost (1 August 2025)

Overview:
SC rose 6.6% in 24 hours after its V2 hardfork Phase 2 went live, featuring RHP4 storage upgrades and Ledger integration. The token was listed among August 2025’s top five trending projects for its decentralized cloud storage use case.

What this means:
This is bullish long-term, as technical refinements improve SC’s utility in decentralized storage. However, the 32.5% 60-day price drop (as of November 2025) underscores volatility risks despite development progress. (Coingabbar)

Conclusion

Siacoin faces mixed signals: technical upgrades bolster its decentralized storage niche, while exchange delistings test market stability. The project’s trajectory hinges on broader adoption of its storage solutions versus exchange liquidity challenges. Will SC’s infrastructure improvements outweigh centralized platform risks in 2026?

Deep Dive

1. Walletd Mandatory Upgrade (4 November 2025)

Overview: The Sia Foundation warned exchanges to upgrade to walletd v2.11.0+ by December 2025. This ensures compatibility with Sia’s V2 protocol, preventing service disruptions.

Technical updates include coreutils v0.16.4 integration and debug miner fixes. The upgrade is critical for exchanges to process V2 transactions post-Phase 2 hardfork.

What this means: This is bullish for SC because it ensures seamless exchange operations, reducing risks of liquidity crunches. Delays could fragment network participation.

2. V2 Hardfork Final Cut (29 October 2025)

Overview: Terminal app users must upgrade to walletd v2.11.0+ to maintain access, while Lite wallet holders face no action (Source). The hardfork enforces Utreexo (smaller blockchain footprint) and RHP4 (faster file transfers).

What this means: This is neutral for SC short-term but bullish long-term. The upgrade modernizes infrastructure, but delayed adoption by users/exchanges could temporarily throttle network activity.

3. June 2025 Stability & Ledger Support

Overview: June’s State of Sia introduced hostd stability patches, consensus refinements, and improved Ledger hardware integration. The update aimed to reduce node sync times and streamline contract renewals.

What this means: This is bullish for SC as it boosts reliability for storage providers and users, strengthening Sia’s decentralized storage value proposition.

Conclusion

Siacoin’s codebase is undergoing a foundational shift toward scalability and accessibility via its V2 hardfork, with urgent upgrades for exchanges and terminal users. While short-term friction exists, the changes position Sia as a more robust decentralized storage contender. How quickly exchanges and users adopt these upgrades will determine its near-term network health.

Deep Dive

1. Reduce Blockchain Storage (Q4 2025)

Overview:
Sia plans to replace its UTXO database with UTreeXO, a cryptographic accumulator that slashes blockchain storage needs from gigabytes to megabytes. This enables nodes to sync in minutes instead of days, lowering hardware barriers for participation (Sia Roadmap).

What this means:
This is bullish for SC as it could expand the network’s decentralization by attracting more lightweight nodes. However, delays in implementation or technical bugs during the transition could temporarily affect network stability.

2. Full S3 Protocol Compatibility (Q1 2026)

Overview:
Sia aims to achieve full compatibility with Amazon S3’s API, allowing enterprises to migrate data to Sia’s decentralized storage without rewriting existing code. Partial support is already live, but full validation is ongoing.

What this means:
This could drive enterprise adoption by reducing migration friction. Success here might increase demand for SC as a payment token for storage. Risks include competition from established S3-compatible centralized providers.

3. Exchange Wallet Upgrades (December 2025)

Overview:
Exchanges listing SC must upgrade to walletd v2.11.0+ by December 2025 to maintain deposit/withdrawal functionality post-v2 hardfork. Major platforms like Binance and Kraken have already complied, but delays by smaller exchanges could disrupt liquidity (Sia Foundation).

What this means:
Timely upgrades signal network maturity, but partial exchange compliance might fragment liquidity. Users holding SC on non-compliant exchanges risk temporary access loss.

Conclusion

Siacoin’s roadmap prioritizes technical upgrades to enhance scalability and real-world usability. The UTreeXO transition and S3 compatibility could position SC as a viable alternative to centralized cloud storage. With exchanges now critical to liquidity post-hardfork, will broader compliance by December solidify SC’s market stability?