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Synthetix Price Prediction | Forecast for SNX





Go to: Buy SNX


Table of Contents:

  1. Short term
  2. Analysis
  3. Price Prediction
  4. FAQs
  5. Historical Data
  6. Where to buy SNX


Possible uptrend on Synthetix Up Only

Our coin price forecasting algorithm indicates bullishness on the SNX/USD pair. This means it will do well in the near to long term.


SNX Price $2.4120 USD
Price Change 24hours $0.2250 USD (10.29%)
24h Low / 24h High $2.1430 / $2.5280 USD
Trading Volume 24hours $969,317 USD
Market Cap $768,523,520 USD

Synthetix Analysis

1. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths).

2. SNX holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Synthetix.Exchange, based on their contribution to the network.

3. This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties.This mechanism is designed to solve the liquidity and slippage issues experienced by DEX’s.

4. Synthetix (SNX) is a rebranding of Havven.io (HAV).Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum.

5. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short) and commodities.

6. It is the right to participate in the network and capture fees generated from Synth exchanges, from which the value of the SNX token is derived.

7. Trading on Synthetix.Exchange does not require the trader to hold SNX.

8. Want to invest in Synthetix? you may also like other coins like Verasity; OKCash; EDC Blockchain; Blockchain.io; Uniswap Protocol Token; LATOKEN; Metaverse; InsurePal; Bancor Network Token; Envion;

Synthetix price prediction

Future price prediction

Date Price Possible movement
May 29, 2024 $2.5280 Neutral
June, 2024 $ 3.0379 USD Upside
July, 2024 $ 2.8828 USD Upside
August, 2024 $ 2.6264 USD Upside
November, 2024 $ 3.0908 USD Upside
May, 2025 $ 2.4822 USD Downside


SNX Crypto Price Forecast: Frequently Asked Questions

Question Answer
What will be the highest price of Synthetix (SNX) in future? Our analysis shows Synthetix is already past it's immediate all time high, indicating a bearish signal!
Will Synthetix (SNX) price increase in future? No. Our algorithms indicate that Synthetix (SNX) will experience a significant decline in future. As low as $2.4822/SNX
Will an Investment in Synthetix (SNX) be profitable or make a loss? Probably Loss making.
What will be the lowest price of Synthetix (SNX) in future? $2.4822 USD
Will the price of Synthetix (SNX) move downward in future? Down only
At the end of the year, what will be the price of 1 Synthetix? Our analysis shows an end of year prognosis of 1SNX = $2.4822 USD.
Where do I buy Synthetix? We have curated some great options. Buy SNX coin here →

Historical Price Data (USD)

Rising volume like Synthetix has is a great indication it will do well in the short term.




Date Price Volume
May 18, 2023 $2.417 $220,200
May 17, 2023 $2.148 $2,525,761
May 16, 2023 $2.095 $457,402
May 15, 2023 $2.063 $367,379
May 14, 2023 $2.017 $167,861
May 13, 2023 $2.076 $153,467
May 12, 2023 $2.02 $494,139
May 11, 2023 $2.176 $839,883
May 10, 2023 $2.132 $1,675,560
May 9, 2023 $2.169 $909,756
May 8, 2023 $2.366 $834,383
May 7, 2023 $2.402 $138,955
May 6, 2023 $2.57 $611,527
May 5, 2023 $2.493 $556,998
May 4, 2023 $2.505 $486,676
May 3, 2023 $2.447 $666,810
May 2, 2023 $2.35 $493,925
May 1, 2023 $2.433 $274,676
April 30, 2023 $2.474 $345,911
April 29, 2023 $2.445 $390,911
April 28, 2023 $2.453 $295,925
April 27, 2023 $2.409 $708,226
April 26, 2023 $2.484 $3,309,901
April 25, 2023 $2.478 $727,007
April 24, 2023 $2.484 $447,399
April 23, 2023 $2.544 $428,403
April 22, 2023 $2.492 $744,245
April 21, 2023 $2.702 $2,106,535
April 20, 2023 $2.843 $4,240,446
April 19, 2023 $3.022 $3,655,484

Steps to buy Synthetix (SNX) in 2024


  1. Buy SNX with USD: Purchase SNX with USD on the following exchanges: Coinbase, Gemini, Kraken, Cexio, Bitfinex, ftx, P2PB2B, .
    Alternatively,
  2. Buy Bitcoin directly on Coinbase, Binance or Paypal
  3. Send the BTC to an Exchange that supports SNX/BTC pair. You can buy SNX with Bitcoin at Kraken, HuobiPro, OKEX, huobikorea, Kucoin, CoinEx, oneinch, uniswap, Coinbase, Kraken, Liquid, Binance, aax, HuobiPro, Poloniex, HitBTC, huobikorea, Kucoin, Coinsbit, CoinEx, decoin, P2PB2B, .
  4. Now, Buy Synthetix with BTC: Below is a detailed breakdown of exchanges that support Synthetix and their trading.


Exchanges that support SNX/USD Pair

Exchange Trade Pair Rating
Coinbase SNX/USD AA
Gemini SNX/USD AA
Kraken SNX/USD AA
Cexio SNX/USD A
Bitfinex SNX/USD A
ftx SNX/USD A
P2PB2B SNX/USD D


Exchanges that trade SNX/BTC Pairs

Exchange Trade Pair Rating
Coinbase SNX/BTC AA
Kraken SNX/BTC AA
Liquid SNX/BTC A
Binance SNX/BTC A
aax SNX/BTC A
HuobiPro SNX/BTC A
Poloniex SNX/BTC A
HitBTC SNX/BTC B
huobikorea SNX/BTC B
Kucoin SNX/BTC B
Coinsbit SNX/BTC B
CoinEx SNX/BTC C
decoin SNX/BTC C
P2PB2B SNX/BTC D


Exchanges that allow SNX/BTC trading

Exchange Trade Pair Exchange Grade
Kraken SNX/ETH AA
HuobiPro SNX/ETH A
OKEX SNX/ETH BB
huobikorea SNX/ETH B
Kucoin SNX/ETH B
CoinEx SNX/ETH C
oneinch SNX/ETH -
uniswap SNX/ETH -



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