SNX

Synthetix Network

Key takeaways : SPX6900 price prediction suggests that the coin’s price can reach $0.477844 by the end of 2026. By 2028, SPX may achieve a peak price of $1.01 and an average trading price of $0.929142. In 2032, the target price for SPX is between $1.91 and $2.07, with an average price of $1.99. SPX6900 (SPX) functions primarily on the Ethereum network. The token was created as a meme to entertain wider audiences. It has no real connection with stock market, equities, or securities. The meme coin generates interest through spot trading, market speculation, or perpetual and leveraged trading on different decentralized exchanges; the latter is not recommended for non-professionals due to its high risk and highly volatile nature. SPX6900 is traded on different centralized and decentralized cryptocurrency exchanges. The most popular centralized exchange for trading SPX tokens is Bybit, which has the highest trading volume for this meme coin. SPX6900 (SPX) can be stored in various wallets, including Trust Wallet, Bitget Wallet, and hardware wallets like Ledger. It can also be stored on a centralized exchange like KuCoin and another option could be Kraken, providing easy access to the coin. Early users attest to its credibility and remarkable price performance; however, the meme token still holds the interest of many investors with a daily trading volume in millions and a current circulating supply of 930.99 million SPX, which is also its total supply, although its max supply will be 1 billion tokens. Starting as a non-serious venture, the coin established itself as one of the most high-ranking coins of the year 2024. It was initiated as a useless token but ultimately ended up earning profits in the millions. For example, over a month, SPX earned up to a 9000% return following its ascent through September 2024. What’s next for the meme token in 2026 and beyond? Let’s get into the SPX6900 price prediction and technical analysis. Overview Cryptocurrency SPX6900 Token SPX Price $0.331 (+0.48%) Market Cap $308.69M Trading Volume (24-hour) $12.93M Circulating Supply 930.99M SPX All-time High $2.28 (July 28, 2025) All-time Low $0.000002634 (August 16, 2023) 24-hour High $0.3329 24-hour Low $0.3132 SPX6900 price prediction: Technical analysis Metric Value Price Prediction $0.2448 (-25.31%) Price Volatility 14.04% 50-Day SMA $0.4289 200-Day SMA $0.9245 Market Sentiment Bearish Fear & Greed Index 9 (Extreme Fear) Green Days 13/30 (43%) SPX6900 price analysis SPX6900 price analysis confirmed an uptrend, with the price increasing to $0.331. Cryptocurrency has gained 0.48% of its value. SPX coin has support around $0.297. On February 20, 2026, SPX6900 price analysis revealed an upward trend. The coin’s price increased to $0.331 today. Over the last 24 hours, the altcoin gained 0.48% in value, as bullish momentum took hold today. Today’s recovery is still on the lower side, and the coin faces resistance near the $0.342 level. SPX6900/USD analysis on the 24-hour timeframe The one-day price chart of the SPX6900 coin confirmed a bullish trend in the market. The SPX/USD price increased to $0.331 in the past 24 hours after getting support from the buyers’ side. The buying activities initiated today may bring further gains, as a new green candlestick on the price chart signifies buying interest. SPX6900/USD 1-day price chart. Source: TradingView The distance between the Bollinger Bands defines the intensity of volatility. This distance is comparatively wide, leading to high volatility for today. Moreover, the upper limit of the Bollinger Bands indicator, indicating resistance, has shifted to $0.353. The lower limit of the Bollinger Bands indicator, which serves as the support, has shifted to $0.260. The Relative Strength Index (RSI) indicator is trending in the neutral range. The indicator’s value has increased to index 47. This suggests a returning buying interest on the SPX6900 price chart, but the score is in the middle neutral range. SPX6900 analysis on the 4-hour chart The four-hour price analysis of the SPX6900 coin also confirmed the bullish trend in the market. The SPX/USD value slightly recovered to $0.331 in the past few hours, which hints at the presence of bullish elements in the market. However, the low volatility also signifies relatively higher market predictability. SPX6900/USD 4-hour price chart. Source: TradingView The Bollinger Bands are maintaining a narrow distance, leading to low volatility levels. This low volatility signifies relatively lower chances of a reversal or further price appreciation. Moving ahead, the upper Bollinger Band has shifted to $0.358, indicating the resistance level. Conversely, the lower Bollinger Band has moved to $0.309, indicating support. The RSI indicator is trending within the neutral region for now. Its value has slightly increased to index 51 during the last four hours. If buying activities continue to grow, a further increase in the RSI level is possible, which might take it above the 60 threshold. SPX6900 technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.4540 SELL SMA 5 0.3829 SELL SMA 10 0.3229 BUY SMA 21 0.3077 BUY SMA 50 0.4289 SELL SMA 100 0.5047 SELL SMA 200 0.9245 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.3558 SELL EMA 5 0.4032 SELL EMA 10 0.4615 SELL EMA 21 0.4993 SELL EMA 50 0.5695 SELL EMA 100 0.7129 SELL EMA 200 0.8555 SELL What to expect from SPX6900 price analysis? SPX6900 price analysis gives a bullish prediction regarding the ongoing market events, as the coin price has increased to $0.331 today. If buyers push the price above immediate resistance zones, we might see the SPX6900 price increase to the $0.342 level. Is SPX6900 a good investment? Investing in SPX necessitates an evaluation of the SPX market and its emphasis on adaptability. Despite the earlier price spikes and enormous price gains, investors are advised to exercise caution on account of the market volatility of meme coins. Earnings from SPX require long-term investment decisions, whether holding or trading, but in this dynamic market, risk management is primarily achieved through diversification and keeping abreast of developments. Why is SPX up? SPX’s price is trending near $0.331 today. The balance of power is still towards the buyers; moreover, the token’s market sentiment remains positive today. SPX’s nearest support level is at $0.297. Will SPX6900 reach $1? The SPX token may reach $1 in 2028. With the current price action, this outcome seems quite possible, as the token is trending above $0.2, and its market cap will increase by 669% when it reaches this level. Will SPX reach $2? Per SPX price prediction, it has a chance of reaching $2 by 2032 if positive sentiment prevails, which makes SPX tokens a good purchase option. Will SPX reach $5? To reach $5, SPX’s value along with its market cap will have to increase more than nineteen times. Though not impossible, there are chances of reaching near this level by 2032. Does SPX6900 have a good long-term future? Long-term forecasts suggest a gradual increase in the value of SPX over the next two years. Following this period, projections anticipate sustained upward price movement with a potential resurgence in 2029. By 2032, SPX is expected to trade near $2, solidifying its position as a valuable long-term asset. SPX6900 does not only capitalize on mere entertainment but is also driven by the community surrounding it. Recent news/opinions on SPX6900 Some crypto influencers are bullish on SPX6900, including MustStopMurad, ApeToshi Aeon, and Maddox, a best-selling author and blogger known for “The Best Page in the Universe” and technology-related content. Murad shared a post highlighting the community behind SPX6900’s success, and Maddox later shared a video along the same lines. The most recent and bold claim was also made by MustStopMurad, asserting that “A growing number of Bitcoin Maximalists are closeted SPX6900 supporters.” However, such content should be taken with a pinch of salt. A growing number of Bitcoin Maximalists are closeted SPX6900 supporters. You will understand this soon enough. — Murad 💹🧲 (@MustStopMurad) February 4, 2026 SPX6900 price prediction February 2026 This month, SPX is expected to reach a high of $0.488, with an average price of $0.365 and a minimum trading price of $0.147. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction February 2026 $0.147 $0.365 $0.488 SPX6900 price prediction 2026 The price of SPX is predicted to reach a minimum value of $0.131 in 2026. Traders can anticipate a maximum value of $0.477844 and an average trading price of $0.398204. SPX6900 price prediction Minimum price Average price Maximum price SPX6900 price prediction 2026 $0.131 $0.398204 $0.477844 SPX6900 price predictions 2027-2032 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2027 0.584032 0.663673 0.743313 2028 0.849501 0.929142 1.01 2029 1.11 1.19 1.27 2030 1.38 1.46 1.54 2031 1.65 1.73 1.81 2032 1.91 1.99 2.07 SPX6900 price prediction 2027 The year 2027 will experience more bullish momentum. According to the SPX price prediction, it will range between $0.584032 and $0.743313, with an average trading price of $0.663673. SPX6900 price prediction 2028 The SPX price prediction climbs even higher into 2028. According to the projections, the price of SPX will range between $0.849501 and $1.01, with an average of $0.929142. SPX price prediction 2029 According to our SPX price prediction for 2029, we expect a maximum price of $1.27, a minimum price of $1.11, and an average price of $1.19. This makes it a good decision to swap one’s crypto into SPX6900. SPX price prediction 2030 According to the SPX6900 price prediction for 2030, the price of SPX will range from $1.38 to $1.54, with an average price of $1.46. SPX6900 price prediction 2031 The SPX6900 price prediction for 2031 indicates the price will range between $1.65 and $1.81. The average price of SPX will be $1.73. SPX6900 price prediction 2032 The SPX6900 price forecast for 2032 is a high of $2.07. According to the SPX coin price prediction, it will reach a minimum price of $1.91 and average at $1.99. SPX price prediction 2026-2032. Source: Cryptopolitan SPX6900 market price prediction: Analysts’ SPX price forecast Firm Name 2026 2027 DigitalCoinPrice $0.000383 $0.10 CoinCodex $0.5980 $0.3405 Cryptopolitan’s SPX6900 price prediction Our forecast shows that SPX will achieve a high price of $0.477844 near the end of 2026. In 2027, SPX will range between $0.584032 and $0.743313. In 2032, the cryptocurrency will range between $1.91 and $2.07, with an average price of $1.99. It is important to consider that the predictions can change at any time and are not investment advice. It is advised to do your own research and conduct detailed due diligence before investing in the volatile crypto market. SPX6900 historic price sentiment SPX6900 price history SPX6900 was launched in August 2023 by its primary creators with an opening price of $0.003 but remained under the radar for over a year. In October 2023, SPX’s value spiked to $0.023 under bullish control, which was a considerable growth trajectory, but still, it remained far from market attention. December of 2023 saw a low price of $0.008, which was quite low as compared to the price in October as per crypto market historical data. SPX6900 saw a stagnating price movement from January to May 2024, only to rise periodically to $0.015. In September 2024, SPX6900 gained an enormous 5600% from September 12 to October 14, reaching $0.913, resulting in a massive market capitalization. The token made higher spikes till November 7, 2024, adding significantly to its market cap; however, the token’s price has deteriorated afterwards. On November 21, SPX6900 stooped to $0.450, losing 50% of its value, which made holders cautious. However, the token regained its lost value and ended the year at $0.856. The meme token entered January 2025 with a price tag of $0.866, but it soon jumped to $1.55 as its circulation and acceptance increased. It corrected strongly in search of support at the start of February, attaining an average price of $0.66, but came down to the 0.46 range in March. In April, the coin was trending near $0.386 on the lower side, while in May, it saw a fabulous recovery, peaking at $1.11 along with some other cryptocurrencies. On June 11, the meme coin attained its all time high of $1.73, and on July 28, it marked another ATH at $2.27. SPX maintained a trading range of $1.06 to $2 in August under complete bullish dominance, proving itself a reliable asset, and was trading at an average price of $1.16 in September. In October 2025, SPX6900 was trending near $1.6, and in November, it fell to $0.78 after losing 50% of its value. In December, the downtrend continued as the token touched $0.63. At the start of January 2026, SPX6900 was trending near $0.64, but in February, it slipped to $0.26, as the current market sentiment is bearish.

In a significant military development, the United States has reportedly initiated its largest transfer of military assets since the Iraq invasion, according to The Wall Street Journal. The unrest in Iran, coupled with a bleak outlook for diplomatic resolutions, presents a challen...

SNX is leaning on the critical 0.2938$ support at the 0.30$ level, a downward breakdown points to the 0.0831$ target, while above, the 0.3182$ resistance will be tested. BTC downtrend is increasing...

Key takeaways : The average SNX price prediction for 2026 is $0.525994. In 2028, it will range between $1.12 and $1.33, with an average price of $1.23. In 2032, it will range between $2.52 and $2.74, with an average price of $2.63. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $0.309 (+4.02%) Market Cap $106.29M Trading Volume (24-hour) $21.41M Circulating Supply 343.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5, 2019) 24-hour High $0.3095 24-hour Low $0.2958 SNX price prediction: Technical analysis Metric Value Price Prediction $0.2573 (-14.38%) Fear & Greed Index 9 (Extreme Fear) Sentiment Bearish Volatility 17.86% Green Days 13/30 (43%) 50-Day SMA $0.4182 200-Day SMA $0.6899 14-Day RSI 37.32 Synthetix price analysis TL;DR Breakdown: Synthetix coin price analysis confirmed an uptrend as the price increased toward $0.309. The altcoin gained 4.02% in the last 24 hours. SNX coin faces resistance around $0.329. On February 14, 2026, Synthetix price analysis reveals a bullish trend, but resistance still remains strong around immediate Fib levels. The altcoin’s price increased to $0.309 over the past 24 hours. Overall, the cryptocurrency gained 4.02% in the last 24 hours as it continues its ascent. Support appeared when the coin touched $0.281 on Wednesday, and the asset continues to gain value today. SNX/USD 1-day chart analysis The one-day price chart of the Synthetix coin confirmed an upward market trend following a series of corrections, as sellers were also in charge previously. The altcoin price is recovering as it increased to $0.309 today. A new green candlestick on the price chart highlights the presence of buying interest. The distance between the Bollinger Bands defines the intensity of volatility. This distance is wide, leading to high volatility at the moment. Currently, the upper limit of the Bollinger Bands indicator, indicating resistance, sits at $0.432. Meanwhile, its lower limit, serving as support, has moved to $0.236. SNX/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator curve is trending in the neutral area, currently at 39. This situation suggests that buyers are currently controlling the momentum, and bullish pressure might increase if they continue to lead as the coin slowly gains. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin also signals buying interest for the coin at the current price level. The SNX/USD price slightly increased to $0.310 after going through further recovery in the last four hours. However, the low volatility levels suggest a decreased probability of an upcoming reversal or further price oscillation. The upper Bollinger Band has shifted to $0.310, indicating a breached resistance level. The lower Bollinger Band has moved to $0.272, showing the support level. SNX/USD 4-hour price chart. Source: TradingView The RSI indicator is in the neutral region. Its value increased to 68 over the past four hours. The upward curve on the RSI graph reflects a positive market sentiment. The bulls have been dominating the price chart for the past few hours, and this trend has also resulted in a relatively balanced trading setup for intraday traders for the time being. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.3553 SELL SMA 5 0.3128 SELL SMA 10 0.2972 BUY SMA 21 0.3387 SELL SMA 50 0.4182 SELL SMA 100 0.5032 SELL SMA 200 0.6899 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.3607 SELL EMA 5 0.3928 SELL EMA 10 0.4214 SELL EMA 21 0.4389 SELL EMA 50 0.5162 SELL EMA 100 0.6318 SELL EMA 200 0.7461 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis shows an upward trend regarding current market events. The coin’s price has increased to $0.309 in the last 24 hours. If the bullish momentum continues, the SNX price might retest resistance at the $0.329 level. Conversely, if selling pressure overwhelms, the altcoin may again plunge to the $0.281 level. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2026 to 2032. It is expected that SNX will reach $2.03 by 2030. Why is SNX up? The cryptocurrency market is in a bullish mode today, and SNX is following suit. From a larger perspective, the token is getting positive sentiment as the SNX price increased to $0.309, gaining 4.02% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $0.631193 for the current year, which is still quite higher than the current Synthetix price. Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach a maximum of $2.74 by 2032. However, this is not investment advice, and anyone willing to purchase SNX tokens should seek independent professional consultation. Will SNX reach $1? Considering the future price movements, SNX will reach the $1 level by 2028. The last time SNX was seen at the $1 level was in November 2025. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like a distant target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years, considering the long term Synthetix price forecast. How high can SNX go? The highest expected price for SNX is $2.74, which it will achieve in 2032. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $2.74 by the end of 2032, the asset appears to be a worthwhile investment. However, one’s own research is advised. Recent news/ updates on SNX Synthetix has launched ‘Chase Orders,’ a new feature designed to eliminate missed entries in fast-moving markets. The tool automatically adjusts a user’s limit order to the best bid or ask, ensuring the order ‘chases’ the book until the trade is executed. Introducing: Chase Orders 🏃‍♂️ Tired of finding the perfect entry, only to watch the book run away from your limit orders? You can now chase the book with your orders on Synthetix! 🧵🔽 pic.twitter.com/rAWFpjNEPI — Synthetix ⚔️ (@synthetix) January 20, 2026 SNX price prediction February 2026 This month, SNX is expected to reach a high of $0.404, with an average price of $0.440 and a minimum trading price of $0.211. Month Potential Low ($) Potential Average ($) Potential High ($) February $0.211 $0.404 $0.567 SNX price prediction 2026 The price of SNX is predicted to reach a minimum value of $0.197 by Q4 of 2026. Traders can anticipate a maximum value of $0.631193 and an average trading price of $0.525994. Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.197 $0.525994 $0.631193 SNX price predictions 2027 – 2032 Year Potential Low ($) Potential Average ($) Potential High ($) 2027 0.771458 0.876657 0.981856 2028 1.12 1.23 1.33 2029 1.47 1.58 1.68 2030 1.82 1.93 2.03 2031 2.17 2.28 2.38 2032 2.52 2.63 2.74 Synthetix price prediction 2027 The year 2027 will experience more bullish momentum. According to the SNX price prediction, it will range between $0.771458 and $0.981856, with an average trading price of $0.876657. Synthetix price prediction 2028 The Synthetix Network token prediction climbs even higher into 2028. According to the projections, the price of SNX will range between $1.12 and $1.33, with an average of $1.23. Synthetix price prediction 2029 According to our Synthetix Network token price prediction for 2029, we expect a maximum price of Synthetix to be $1.68, a minimum price of $1.47, and an average price of $1.58. Synthetix price prediction 2030 According to the Synthetix price prediction for 2030, the price of SNX will range from $1.82 to $2.03, with an average price of $1.93. Synthetix price prediction 2031 The Synthetix Network token price prediction for 2031 indicates the price will range between $2.17 and $2.38. The average Synthetix price forecast is $2.28. SNX price prediction 2032 The Synthetix forecast for 2032 is a high of $2.74. According to the SNX coin price prediction, it will reach a minimum price of $2.52 and average at $2.63. Synthetix (SNX) price prediction 2026 – 2032. Source: Cryptopolitan Synthetix market price prediction: Analysts’ SNX price forecast Firm 2026 2027 DigitalCoinPrice $0.34 $0.0564 CoinCodex $0.2268 $0.2287 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $0.631193 by the end of 2026. SNX is expected to trade between $0.771458 and $0.981856 in 2027. In 2032, SNX will be priced between $2.52 and $2.74 with an average price of $2.63. Synthetix historic price sentiment SNX price history. Source: Coinmarketcap Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Unlike most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3, as per historical SNX market data. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The highest price of the SNX token was 2.27 in January, but it corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range. In May 2025, it saw some recovery to $0.926, improving its market capitalization, and in July, the token peaked at $0.781, showing significant growth. From August to September, SNX’s average price remained around $0.65 to $0.67, and in October 2025, SNX was trading above $1, finally peaking at $2.58 on the 13th of the month. At the start of November, the SNX token was trending below $1.00. By the end of November, the price of SNX declined toward $0.55. SNX started 2026 with a price tag of $0.45 under bearish pressure, and it decreased to $0.34 in February.

SNX is balanced at $0.31 in a downtrend, but a break below $0.3050 poses serious risk. Low volatility is misleading; use tight stops and protect capital with 1% risk.

BitcoinWorld sUSD Depeg Crisis Deepens as Stablecoin Plunges to Alarming $0.7215 The synthetic dollar stablecoin sUSD has entered a severe depegging crisis, plummeting to $0.7215 according to CoinMarketCap data on March 15, 2025. This represents a staggering 25.47% deviation from its intended $1.00 peg, marking the most significant instability event in the token’s history. Consequently, the Synthetix protocol faces mounting pressure as market participants question its stability mechanisms. sUSD Depeg Crisis Reaches Critical Levels The current sUSD depeg represents a substantial deterioration from previous instability events. Market data reveals consistent downward pressure throughout the trading week. Furthermore, trading volumes have spiked abnormally, indicating both panic selling and speculative activity. This situation creates immediate liquidity concerns for decentralized finance protocols utilizing sUSD as collateral. Historical context shows this is not an isolated incident. The stablecoin previously experienced depegging events in April and November of 2024. However, the current deviation exceeds those prior instances in both magnitude and duration. Analysts point to several contributing factors, including collateral ratio concerns and broader market volatility affecting the SNX token, which backs the synthetic asset system. Synthetix Protocol Stability Mechanisms Under Scrutiny The Synthetix protocol operates on an overcollateralized debt pool model. SNX token holders mint sUSD by locking their tokens as collateral. Therefore, the health of the sUSD peg directly correlates with the value and liquidity of SNX. Recently, SNX has faced its own market pressures, potentially weakening the system’s collateral foundation. Key stability mechanisms include: Debt Pool Incentives: Stakers earn fees for maintaining sufficient collateral. sUSD Arbitrage Opportunities: Designed to correct price deviations. Protocol-Controlled Liquidity: Portions of fees fund liquidity pools. Despite these mechanisms, the persistent depeg suggests market forces are overwhelming protocol design. On-chain data indicates significant selling pressure on sUSD across major decentralized exchanges. Meanwhile, the minting of new sUSD has slowed, reflecting decreased confidence among SNX stakers. Expert Analysis of Systemic Risk Factors Market analysts specializing in decentralized finance point to interconnected risk factors. First, the reliance on a single native token (SNX) for collateral creates concentration risk. Second, liquidity fragmentation across multiple blockchain layers complicates arbitrage. Third, general market sentiment toward algorithmic and synthetic stablecoins has soured following several high-profile failures in 2023 and 2024. Comparative data illustrates the severity: Stablecoin Type Current Peg Status Key Backing Asset sUSD Synthetic/Crypto-Collateralized $0.7215 (-27.85%) SNX Token USDC Fiat-Collateralized $1.00 (Stable) Bank Reserves & Cash DAI Decentralized/Crypto-Collateralized $0.998 (-0.2%) Multi-Asset (ETH, USDC, etc.) This comparison highlights the unique challenges facing single-collateral synthetic systems. Notably, diversified collateral models like DAI’s show greater resilience during market stress. The Synthetix community has debated introducing multi-collateral support for years, but implementation remains pending. Broader Implications for the DeFi Ecosystem The deepening sUSD depeg sends ripples throughout the decentralized finance landscape. Many lending protocols and automated market makers list sUSD as a major trading pair. Consequently, impaired liquidity could affect users across multiple platforms. Additionally, the event renews regulatory scrutiny on non-fiat-backed stablecoins. Protocols integrated with Synthetix face immediate accounting challenges. Loans collateralized with sUSD may face liquidation if the token’s value is not properly indexed. Similarly, liquidity providers in sUSD pools experience impermanent loss magnified by the peg deviation. These technical complexities underscore the interdependence within DeFi. Historical precedent suggests recovery paths exist but require coordinated action. The Synthetix DAO could implement emergency measures such as adjusting staking rewards, deploying treasury funds for direct market intervention, or accelerating protocol upgrades. However, each action carries its own risks and requires governance consensus, which takes time. Timeline of sUSD Stability Events Understanding the current crisis requires examining its evolution: April 2024: First major depeg to $0.89, recovered within 72 hours. November 2024: Secondary depeg to $0.94, recovered within one week. February 2025: Gradual drift below $0.95 begins. March 10-14, 2025: Accelerated decline from $0.92 to $0.78. March 15, 2025: Hits current low of $0.7215. This pattern indicates weakening resilience with each successive event. The recovery time has lengthened while deviation depth has increased. Market participants now question whether the fundamental economic model requires redesign rather than parameter adjustment. Conclusion The sUSD depeg crisis represents a critical stress test for synthetic asset protocols. With the stablecoin trading at $0.7215, the Synthetix ecosystem faces its most severe challenge to date. Resolution will likely require both technical upgrades and restored market confidence. Moreover, this event provides valuable lessons for the entire DeFi sector about designing robust stable assets. Ultimately, the coming weeks will determine whether sUSD can reclaim its dollar peg or if fundamental redesign becomes necessary. FAQs Q1: What does “sUSD depeg” mean? A depeg occurs when a stablecoin like sUSD, designed to maintain a 1:1 value with the US dollar, trades significantly below that target price on open markets. The current $0.7215 valuation represents a 27.85% depeg. Q2: How does the Synthetix protocol attempt to maintain the sUSD peg? The protocol uses an overcollateralized debt pool where SNX token holders mint sUSD. Arbitrage incentives, fee distributions, and protocol-controlled liquidity are designed to encourage market activities that restore the peg during deviations. Q3: Has sUSD depegged before? Yes, sUSD experienced notable depegging events in April 2024 (to ~$0.89) and November 2024 (to ~$0.94). The current depeg is more severe both in magnitude and duration than previous occurrences. Q4: What are the risks for users holding sUSD during a depeg? Holders face direct capital loss if they sell below the peg. Additionally, using depegged sUSD as collateral in lending protocols may trigger liquidations, and providing liquidity in pools can result in significant impermanent loss. Q5: Can the sUSD peg be restored? Historical precedent shows recovery is possible but not guaranteed. Restoration typically requires improved SNX collateral value, successful arbitrage activity, and potentially direct protocol intervention through governance measures to increase buying pressure or adjust incentives. This post sUSD Depeg Crisis Deepens as Stablecoin Plunges to Alarming $0.7215 first appeared on BitcoinWorld .

Key takeaways : The average SNX price prediction for 2026 is $0.800376. In 2028, it will range between $1.42 and $1.69, with an average price of $1.56. In 2032, it will range between $3.20 and $3.47, with an average price of $3.33. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $0.487 (-3.83%) Market Cap $167.67M Trading Volume (24-hour) $21.73M Circulating Supply 343.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5, 2019) 24-hour High $0.5132 24-hour Low $0.4783 SNX price prediction: Technical analysis Metric Value Price Prediction $ 0.4544 (-7.71%) Fear & Greed Index 61 (Greed) Sentiment Neutral Volatility 7.02% Green Days 14/30 (47%) 50-Day SMA $0.4806 200-Day SMA $0.7376 14-Day RSI 55.11 Synthetix price analysis TL;DR Breakdown: Synthetix coin price analysis confirmed a downtrend as the price decreased toward $0.487. The altcoin lost 3.83% in the last 24 hours. SNX coin has support around $0.464. As of January 15, 2026, Synthetix price analysis reveals a bearish trend as resistance still remains strong around immediate Fib levels. The altcoin’s price decreased to $0.487 over the past 24 hours. Overall, the cryptocurrency loses a significant 3.83% in the last 24 hours as it continues its bearish price action. Resistance appeared when the coin touched $0.507 yesterday, and the asset continues to lose value today. SNX/USD 1-day chart analysis The one-day price chart of the Synthetix coin confirmed a downward market trend following a series of corrections, as sellers were also in charge previously. The altcoin price was under correction yesterday, and its price decreased to $0.487 today. Red candlesticks on the price chart highlight the presence of continued selling pressure. The distance between the Bollinger Bands defines the intensity of volatility. This distance is decreasing, leading to low volatility at the moment. Currently, the upper limit of the Bollinger Bands indicator, indicating resistance, sits at $0.528. Meanwhile, its lower limit, serving as support, has moved to $0.405. SNX/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator curve is trending in the neutral area, currently at 52. This situation suggests that sellers are currently controlling the momentum, and a downward rally might occur if they continue to lead as the coin sheds. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin signals strong selling pressure for the coin at the current price level. The SNX/USD price decreased to $0.488 after going through a small recovery four hours ago. However, the high volatility levels suggest an increased probability of an upcoming reversal or further price oscillation. The upper Bollinger band has shifted to $0.520, marking the resistance level. The lower Bollinger band has moved to $0.444, showing the support level. SNX/USD 4-hour price chart. Source: TradingView The RSI indicator is in the neutral region. Its value decreased to 51 over the past four hours. The downward-turning curve on the RSI graph reflects a shift in market sentiment. The bulls have been dominating the price chart for the past few hours, but now the bears are trying to take the lead. This trend has also resulted in a relatively imbalanced trading setup for intraday traders for the time being. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.4758 BUY SMA 5 0.4632 BUY SMA 10 0.4715 BUY SMA 21 0.4514 BUY SMA 50 0.4806 BUY SMA 100 0.7805 SELL SMA 200 0.7376 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.4903 SELL EMA 5 0.4829 BUY EMA 10 0.4674 BUY EMA 21 0.4611 BUY EMA 50 0.5345 SELL EMA 100 0.6480 SELL EMA 200 0.7577 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis shows a downward trend regarding current market events. The coin’s price has decreased to $0.487 in the last 24 hours. If the bearish momentum continues, the SNX price might retest support at the $0.464 level. Conversely, if buying interest overwhelms, the altcoin may again jump to the $0.500 level. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2026 to 2032. It is expected that SNX will reach $2.58 by 2030. Why is SNX down? The cryptocurrency market is in a bearish mode, and SNX is following suit. From a larger perspective, the token is getting negative sentiment as the SNX price decreased to $0.487, losing 3.83% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $0.800376 for the current year, which is still quite higher than the current Synthetix price. Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach a maximum of $3.47 by 2032. However, this is not investment advice, and anyone willing to purchase SNX tokens should seek independent professional consultation. Will SNX reach $1? Considering the future price movements, SNX will reach the $1 level by 2027. The last time SNX was seen at the $6 level was November 2025. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like a distant target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years, considering the long term Synthetix price forecast. How high can SNX go? The highest expected price for SNX is $3.47, which it will achieve in 2032. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $3.47 by the end of 2032, the asset appears to be a worthwhile investment. However, one’s own research is advised. Recent news/ updates on SNX Synthetix announced that its canonical perp DEX on Ethereum Mainnet is now live. https://twitter.com/synthetix/status/2001828236645544006 SNX price prediction January 2026 This month, SNX is expected to reach a high of $0.577, with an average price of $0.440 and a minimum trading price of $0.319. Month Potential Low ($) Potential Average ($) Potential High ($) January $0.319 $0.440 $0.577 SNX price prediction 2026 The price of SNX is predicted to reach a minimum value of $0.285 by Q4 of 2026. Traders can anticipate a maximum value of $0.800376 and an average trading price of $0.66698. Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.285 $0.66698 $0.800376 SNX price predictions 2027 – 2032 Year Potential Low ($) Potential Average ($) Potential High ($) 2027 0.978237 1.11 1.25 2028 1.42 1.56 1.69 2029 1.87 2.00 2.13 2030 2.31 2.45 2.58 2031 2.76 2.89 3.02 2032 3.20 3.33 3.47 Synthetix price prediction 2027 The year 2027 will experience more bullish momentum. According to the SNX price prediction, it will range between $0.978237 and $1.25, with an average trading price of $1.11. Synthetix price prediction 2028 The Synthetix Network token prediction climbs even higher into 2028. According to the projections, the price of SNX will range between $1.42 and $1.69, with an average of $1.56. Synthetix price prediction 2029 According to our Synthetix Network token price prediction for 2029, we expect a maximum price of Synthetix to be $2.13, a minimum price of $1.87, and an average price of $2.00. Synthetix price prediction 2030 According to the Synthetix price prediction for 2030, the price of SNX will range from $2.31 to $2.58, with an average price of $2.45. Synthetix price prediction 2031 The Synthetix Network token price prediction for 2031 indicates the price will range between $2.76 and $3.02. The average Synthetix price forecast is $2.89. SNX price prediction 2032 The Synthetix forecast for 2032 is a high of $3.47. According to the SNX coin price prediction, it will reach a minimum price of $3.20 and average at $3.33. Synthetix (SNX) price prediction 2026 – 2032. Source: Cryptopolitan Synthetix market price prediction: Analysts’ SNX price forecast Firm 2026 2027 DigitalCoinPrice $0.80 $1.11 CoinCodex $0.2315 $0.2114 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $0.800376 by the end of 2026. SNX is expected to trade between $0.978237 and $1.25 in 2027. In 2032, SNX will be priced between $3.20 and $3.47 with an average price of $3.33. Synthetix historic price sentiment SNX price history. Source: Coinmarketcap Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Unlike most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3, as per historical SNX market data. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The highest price of the SNX token was 2.27 in January, but it corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range. In May 2025, it saw some recovery to $0.926, improving its market capitalization, and in July, the token peaked at $0.781, showing significant growth. From August to September, SNX’s average price remained around $0.65 to $0.67, and in October 2025, SNX was trading above $1, finally peaking at $2.58 on the 13th of the month. At the start of November, the SNX token was trending below $1.00. By the end of November, the price of SNX declined toward $0.55. SNX started 2026 with a price tag of $0.45 under bearish pressure.

Key takeaways : The average SNX price prediction for 2025 is $1.67. In 2028, it will range between $4.68 and $5.34, with an average price of $5.01. In 2031, it will range between $8.01 and $8.68, with an average price of $8.35. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $0.441 (+1.43%) Market Cap $151.53M Trading Volume (24-hour) $15.29M Circulating Supply 343.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5, 2019) 24-hour High $0.444 24-hour Low $0.4239 SNX price prediction: Technical analysis Metric Value Price Prediction $0.4205 (-2.46%) Fear & Greed Index 20 (Extreme Fear) Sentiment Bearish Volatility 11.70% Green Days 13/30 (43%) 50-Day SMA $0.5736 200-Day SMA $0.8179 14-Day RSI 34.69 Synthetix price analysis TL;DR Breakdown: Synthetix coin price analysis confirmed an uptrend as the price increased toward $0.441. The altcoin gained 1.43% in the last 24 hours. SNX coin has support around $0.421. As of December 27, 2025, Synthetix price analysis reveals a bullish trend, but resistance is still present around immediate Fib levels. The altcoin’s price increased to $0.441 over the past 24 hours. Overall, the cryptocurrency gained a significant 1.43% in value as it continues to recover for a second consecutive day. Support appeared when the coin touched $0.421 a day ago, and today the coin is gaining value. SNX/USD 1-day chart analysis The one-day price chart of the Synthetix coin confirmed an upward market trend following a series of corrections, as sellers were also in charge previously. The cryptocurrency price has increased to $0.441 over the day. Green candlesticks on the price chart signify the presence of buying interest. The distance between the Bollinger Bands defines the level of volatility. This distance is decreasing, leading to low volatility at the moment. Moreover, the upper limit of the Bollinger Bands indicator, indicating resistance, has shifted to $0.504. Meanwhile, its lower limit, serving as support, has moved to $0.378. SNX/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator curve is trending in the neutral area, currently at 41. This situation suggests that buyers are currently controlling the momentum, and a sharp upward rally might occur if they continue to lead, as the coin recovers. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix Coin signals selling pressure for the coin at the current price level. The SNX/USD price decreased to $0.441 after going through a small recovery four hours ago. However, the low volatility levels suggest a decreased probability of an upcoming reversal or further price oscillation. The upper Bollinger band has shifted to $0.447, marking the resistance level. The lower Bollinger band has moved to $0.419, showing the support level. SNX/USD 4-hour price chart. Source: TradingView The RSI indicator is in the neutral region. Its value decreased to 57 over the past four hours. The downward curve on the RSI graph reflects a shift in market sentiment. The bears have been dominating the price chart for the past few hours and are still trying to maintain their lead. This trend has also resulted in a relatively imbalanced trading setup for intraday traders. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 0.5300 SELL SMA 5 0.4911 SELL SMA 10 0.4508 SELL SMA 21 0.4602 SELL SMA 50 0.5736 SELL SMA 100 0.8658 SELL SMA 200 0.8179 SELL Daily exponential moving averages Period Value ($) Action EMA 3 0.5022 SELL EMA 5 0.5915 SELL EMA 10 0.7087 SELL EMA 21 0.7494 SELL EMA 50 0.7223 SELL EMA 100 0.7173 SELL EMA 200 0.8473 SELL What can we expect from the SNX price analysis next? Synthetix Coin price analysis shows an upward trend regarding current market events. The coin’s price has increased to $0.441 in the last 24 hours. If the bullish momentum continues, the SNX price might retest resistance at the $0.463 level. Conversely, if selling pressure overwhelms, the altcoin may again plunge to the $0.321 level again. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as seen in Cryptopolitan’s SNX price predictions from 2025 to 2031. It is expected that SNX will reach $7.57 by 2030. Why is SNX up? The cryptocurrency market is in a bullish mode, and SNX is following suit. From a larger perspective, the token is getting positive sentiment as the SNX price increased to $0.441, gaining 1.43% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $2.00 for the current year, which is still quite higher than the current Synthetix price. Will SNX reach $5? The current price action does justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if the token maintains its price levels, a recovery can be initiated. It can be expected that SNX will reach $5 by 2028. However, this is not investment advice, and anyone willing to purchase SNX tokens should seek independent professional consultation. Will SNX reach $6? Considering the future price movements, SNX will reach the $6 level by 2029. The last time SNX was seen at the $6 level was April 2022. Will SNX reach $10? According to crypto analysts’ price predictions, SNX may not reach this level in the next five years. Considering the current market cap of the token, it seems like a far target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years, considering the long term Synthetix price forecast. How high can SNX go? The highest expected price for SNX is $8.68, which it will achieve in 2031. Does SNX have a future? SNX is trading significantly lower than its mid-December price levels, making it an ideal time for buyers to enter the market. Given its current low price and a favorable future valuation of $8.68 by the end of 2031, the asset appears to be a worthwhile investment. However, one’s own research is advised. Recent news/ updates on SNX Synthetix launched Season 2 of its Mainnet trading competition, bringing 1,000 participants into a contest for more than $1 million in USDC and SNX rewards, with 800 spots reserved for users depositing at least 10,000 sUSD. The push is designed to draw high-volume traders and deepen sUSD liquidity, which could benefit SNX stakers even as intensified competition may heighten short-term market volatility. Synthetix Mainnet Trading Competition Season 2 Is Here ⚔️ Season 1 was so much fun, we thought we'd do it again. 1,000 spots. Over $1,000,000 in prizes. 2 weeks of trading. 📘 https://t.co/OT1dzfXtCl 🧵⬇️ pic.twitter.com/XqOXjgSpvw — Synthetix ⚔️ (@synthetix) November 18, 2025 SNX price prediction December 2025 This month, SNX is expected to reach a high of $1.87, with an average price of $1.31 and a minimum trading price of $0.477. Month Potential Low ($) Potential Average ($) Potential High ($) December $0.477 $1.31 $1.87 SNX price prediction 2025 The price of SNX is predicted to reach a minimum value of $0.372 by Q4 of 2025. Traders can anticipate a maximum value of $2.00 and an average trading price of $1.67. Year Potential Low ($) Potential Average ($) Potential High ($) 2025 $0.372 $1.67 $2.00 SNX price predictions 2026 – 2031 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 2.45 2.78 3.12 2027 3.56 3.90 4.23 2028 4.68 5.01 5.34 2029 5.79 6.12 6.46 2030 6.90 7.24 7.57 2031 8.01 8.35 8.68 Synthetix price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $2.45 and $3.12, with an average trading price of $2.78. Synthetix price prediction 2027 The Synthetix Network token prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $3.56 and $4.23, with an average of $3.90. Synthetix price prediction 2028 According to our Synthetix Network token price prediction for 2028, we expect a maximum price of Synthetix to be $5.34, a minimum price of $4.68, and an average price of $5.01. Synthetix price prediction 2029 According to the Synthetix price prediction for 2029, the price of SNX will range from $5.79 to $6.46, with an average price of $6.12. Synthetix price prediction 2030 The Synthetix Network token price prediction for 2030 indicates the price will range between $6.90 and $7.57. The average Synthetix price forecast is $7.24. SNX price prediction 2031 The Synthetix forecast for 2031 is a high of $8.68. According to the SNX coin price prediction, it will reach a minimum price of $8.01 and average at $8.35. Synthetix (SNX) price prediction 2025 – 2031. Source: Cryptopolitan Synthetix market price prediction: Analysts’ SNX price forecast Firm 2025 2026 DigitalCoinPrice $2.43 $2.84 CoinCodex $1.13 $1.32 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $2.00 by the end of 2025. SNX is expected to trade between $2.45 and $3.12 in 2026. In 2031, SNX will be priced between $8.01 and $8.68 with an average price of $8.35. Synthetix historic price sentiment SNX price history. Source: Coinmarketcap Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Unlike most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3, as per historical SNX market data. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from the $2.01 to $1.65 range. In August 2024, the SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while December saw a stream of improved prices with a peak price of $3.38. During the remainder of December, SNX kept shedding its value, and it entered 2025 with a wave of correction to $1.90. The highest price of the SNX token was 2.27 in January, but it corrected to $1.20 in February. In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range. In May 2025, it saw some recovery to $0.926, improving its market capitalization, and in July, the token peaked at $0.781, showing significant growth. From August to September, SNX’s average price remained around $0.65 to $0.67, and in October 2025, SNX was trading above $1, finally peaking at $2.58 on the 13th of the month. At the start of November, the SNX token was trending below $1.00. By the end of November, the price of SNX declined toward $0.55.

SYN price has stabilized near critical support at $0.049 after a corrective decline, showing early accumulation signs with fading sell pressure and balanced trading conditions in the Synthetix ecosystem. SYN trades near $0.049 balance zone, indicating controlled accumulation amid reduced selling. Support levels at $0.046-$0.0475 frame short-term stability without aggressive downside. SNX intraday gains to [...]