As the crypto industry is bringing new multi-baggers in a plethora of digital assets, the sideline players are looking for old diamonds. Amidst such a rush, the Synthetix (SNX) stands out as a top contender with immense underlying potential.
Synthetix, a decentralized finance protocol where users can access a broad range of markets in one place. To use the platform, users stake SNX, the native token, as collateral to borrow these synthetic assets called “synths”. But is the token a smart investment? Let’s explore the potential.
Are you one amongst the many, who are keen on SNX’s price projections? Look no further, as we decode the feasible price predictions for 2025 and the years to come.
| Cryptocurrency | Synthetix |
| Token | SNX |
| Price | $ 0.71304121 |
| Market cap | $ 244,905,568.1605 |
| Circulating Supply | 343,466,216.9984 |
| Trading Volume | $ 21,492,493.7884 |
| All-time high | $28.77 on 14th February 2024 |
| All-time low | $0.03258 on 05th January 2019 |
Synthetix is preparing for a major upgrade, with version 4 expected in the third quarter of 2025. This update will introduce permissionless debt pools and an advanced version of perpetual contracts called Perps V2. Based on similar moves on the Optimism network, these features could bring over fifty million dollars in new liquidity.
In such circumstances, the price might soar to a maximum of $5.00. However, SNX may decline to as low as $1.50, if the token fails to enhance its protocol. Conversely, considering the bullish and bearish targets, the regular price might land at $3.25.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $1.50 | $3.25 | $5.00 |
Curious about INJ price future action? Read our Injective price prediction 2025, 2026 – 2030!
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 3.88 | 5.87 | 7.87 |
| 2027 | 5.13 | 8.12 | 11.12 |
| 2028 | 7.01 | 10.63 | 14.25 |
| 2029 | 8.85 | 13.42 | 17.99 |
| 2030 | 10.21 | 15.33 | 20.46 |
| Firm Name | 2025 | 2026 | 2030 |
| Wallet Investor | $2.507 | $2.526 | – |
| priceprediction.net | $2.08 | $3.02 | $13.60 |
| DigitalCoinPrice | $5.00 | $7.24 | $14.50 |
*The targets mentioned above are the average targets set by the respective firms.
As per Coinpedia’s formulated Synthetix price prediction. Certain partnerships with other undertakings and startups might result in attaining high prices as well as the investors.
In such a case, SNX’s price might hit the annual high for 2025 at $5.00. On the other hand, if the bears continue to dominate the industry, the price might slump down to $1.50.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $1.50 | $3.25 | $5.00 |
Planning on investing in the ETH tokens before it hits $5000? Read Ethereum price prediction for long-term price projections.
Yes, Synthetix is an ERC-20 token, powered by the Ethereum blockchain.
The price of SNX could surge as high as $5 by the end of 2025.
No, Synthetix cannot be halved as it is only mined.
The SNX price may record a yearly high of $11.12 during the year 2027.
Synthetix enables a special feature called Peer-to-contract trading. It executes the trade quickly and easily without an order book.
With a potential surge, the price of SNX may record a high of $20.46 during that year. However, bearish action could result in the altcoin recording a low of $10.21.
Yes, Synthetix is a collateralized platform.
Yes, Investing in Synthetix might be worth it if you are thinking for the long term.
Story Highlights Binance Coin Price Today is . The BNB price prediction anticipates a potential…
Story Highlights Solana Price Today is . Solana coin price could reach a potential high…
Story Highlights The Ethereum price today is . ETH price with a potential surge could…
Story Highlights The live price of the ETC crypto is . Ethereum Classic coin Price…
Story Highlights The live price of the RNDR token is . Render token with a…
In an exclusive conversation with Coinpedia, Sean Dawson, Head of Research at Derive, shared his…
