Current Synthetix (SNX) Market Overview
| Metric | Value |
|---|---|
| Previous Close | $0.60 |
| Open | $0.60 |
| Daily Range | $0.59–$0.61 |
| Monthly Price Range | $0.482–$0.745 |
Key Takeaways
- Current SNX Price: $0.59 (as of latest data).
- 2025 Year-End Forecast: $0.475.
- 2029 Year-End Forecast: $0.9725.
What Is Synthetix (SNX)?
Synthetix is a decentralized protocol for creating synthetic assets—tokenized versions of real-world assets (e.g., currencies, commodities). Built on Ethereum, it enables users to:
- Trade synthetic assets.
- Provide liquidity.
- Earn SNX rewards.
👉 Explore DeFi opportunities with Synthetix
Monthly SNX Price Predictions (2025–2026)
| Month | Low Price | High Price | Avg Price |
|-------------|-----------|------------|-----------|
| Aug 2025 | $0.4076 | $0.4982 | $0.4529 |
| Sep 2025 | $0.4125 | $0.5041 | $0.4583 |
| Oct 2025 | $0.4174 | $0.5102 | $0.4638 |
| ... | ... | ... | ... |
| Jul 2026 | $0.4648 | $0.5680 | $0.5164 |
Long-Term SNX Price Forecast (2026–2040)
| Year | Mid-Year Price | Year-End Price |
|------|----------------|----------------|
| 2026 | $0.5103 | $0.5481 |
| 2027 | $0.5888 | $0.6325 |
| ... | ... | ... |
| 2040 | $3.7877 | $4.0688 |
Technical Analysis & Trading Signals
- Short-Term (15m–2h): Ideal for day traders.
- Long-Term (4h–1W): Best for investors.
- Current Recommendation: Sell (D1/W1 timeframes).
👉 Master SNX trading strategies
FAQs
1. What drives SNX’s price volatility?
- Market demand, DeFi adoption, and Ethereum network updates.
2. Is SNX a good long-term investment?
- Potential growth to $4+ by 2040, but high risk typical of crypto assets.
3. Where can I trade SNX?
- Use TU-vetted brokers for secure transactions.
Conclusion
Synthetix offers unique synthetic asset exposure, with predictions suggesting steady growth. Always cross-verify forecasts with real-time data.
Disclaimer: Predictions are speculative and not financial advice.
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### Notes
- Removed redundant ads/year references.