Technical analysis by GunMoney about Symbol SC: Buy recommendation (20 hour ago)

GunMoney

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