Swiss Capital (SC)

OGAudit Web3 Research: @SiaFoundation $SC - Delisted by OKX Over a Wallet Upgrade, Still Rebuilding a Decade Later

Sia’s original 2014 whitepaper proposed decentralized storage secured by cryptographic contracts, hosts agree to store a client’s file, periodically submit proof they still have it and get penalized automatically if they miss a proof, all enforced by a Bitcoin derived blockchain rather than any centralized authority:

- The network runs a genuinely two token system, SC handles payments between renters and hosts, while a separate token called Siafunds (SF) entitles holders to 3.9% of every storage contract’s value, originally designed to fund Sia’s parent company without a traditional pre-mine.
- The V2 upgrade finalized in December 2025 split Sia’s software into three independently upgradeable applications, renterd for renters, hostd for storage providers, walletd for transactions and replaced the old TCP based networking with QUIC, aiming for faster transfers and fewer dropped connections and it also fixed a legacy difficulty adjustment bug from the original design.
- Files are split into 30 encrypted segments distributed across different hosts for redundancy, using erasure coding so a file remains recoverable even if a meaningful portion of hosts go offline, an architecture that lets Sia offer storage at prices set by open host competition rather than a single provider’s rate card.

Is a genuine decade plus technical rebuild, a modular V2 architecture, a working proof of storage system and open host competition on price, enough to matter if a major exchange has already delisted the token over compliance friction with that very upgrade or does an OKX exit and a token trading 99% below its 2018 high suggest Sia’s real world adoption still lags its engineering?

Category: Storage / DePIN
Coin Name: $SC
Circulating Supply: 56.02B
Market Cap: $33.74M
Market Cap Rank: #524
OG (Trust) Score: 38.54
OG Score Rank: #157/954
Reviewed by 8 OG Auditors.

See the Social Audit with Reviews by crypto OG’s and more on the $SC Coin page: ogaudit(.)com/crypto/siacoin-sc
https://t.co/0TnFKAjdZG

$SCRIBLIEN (CA 21AnmvRNE6v18vNGUY7vppCzL7Gf5RntmakmSfJipump) is a bundled scam, don't buy, stay away. https://t.co/RBtMCaPZsd

$SC/USDT 1D SETUP | BEARISH CONTINUATION TOWARD SELL-SIDE LIQUIDITY

#SC has rejected from a higher timeframe supply zone, with weak structure and lower highs forming, positioning for continuation toward stacked downside liquidity.

Technical Structure:
✅ 1D Order Block rejection → HTF supply zone
✅ Lower highs forming → bearish market structure
✅ CISD level → key entry zone
✅ Multiple SSL pools below → strong downside draw
✅ Liquidity below → clear downside targets

Targets: $0.000925 → $0.000908 → $0.000888 → $0.000872
Invalidation: 1D close above $0.001005

Bearish bias. Wait for lower timeframe confirmation at the CISD level before entering toward sell-side liquidity.

TA Only. DYOR.