Author: changehero
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Contents
- 1. Synthetix Price Prediction 2025, 2030, 2035
- 2. SNX Price Prediction for Today, Tomorrow, & This Month
- 3. Yearly SNX Price Forecast
- 4. {{COIN}} Sentiment
- 5. Moving Averages of SNX Today
- 6. More Technical Indicators for SNX
- 7. Monthly 2025 SNX Price Prediction
- 8. Synthetix Price Predictions 2022–2030
- 9. What is Synthetix?
- 10. Synthetix (SNX) Price History
- 11. What Influences the Price of SNX?
- 12. Synthetix on Twitter
- 13. SNX Price Prediction 2022
- 14. SNX Price prediction for 2023, 2024
- 15. SNX Price Prediction for 2025
- 16. SNX Price prediction for 2030
- 17. How to Get SNX With ChangeHero?
- 18. Conclusion: Synthetix Price Prediction by ChangeHero
Synthetix Price Prediction 2025, 2030, 2035
The price of SNX today is $0.55, changing within the past 24 hours for -1.99% and -5.11% over the week. SNX’s price action is characterized by the Bearish sentiment.
The current volatility index for SNX is measured at 19.29%. SNX’s circulating supply is 343.47M. In the big picture, the highest price SNX has reached is $28.6294 and its lowest observed price was $0.0325.
Disclaimer
This information is not financial or investment advice. When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis of your own research and at your own risk.
SNX Price Prediction for Today, Tomorrow, & This Month
In the short term, due to the SNX sentiment leaning Bearish, the price prediction for today, tomorrow and the next few weeks is as follows:
Yearly SNX Price Forecast
Right now, technical indicators suggest that the price action is Bearish. For as long as over the next few months, it can have a bearing on the short-term SNX forecast.
Longer time frame analysis suggests short-term trend changes with sustained long-term momentum.
SNX Sentiment
Which way the market swings today? Overall, technical indicators show that currently, the sentiment in the SNX markets is Bearish. The Fear and Greed Index for SNX today is in the 28 (Fear) zone.
Moving Averages of SNX Today
One of the most versatile technical indicators for both short-term and long-term analysis is moving averages. They track the price of an asset over a certain period of time, grounding their results in historical analysis.
A simple moving average (SMA) is an average of the prices for the specified period (i.e. an SMA 20 indicator tracks averages the price for the past 20 days). Exponential moving averages (EMA) take SMA as a basis but give more weight to more recent prices.
Once these are calculated, traders use them to check whether the current price trend is bullish or bearish. Neither SMA nor EMA is the more informative one as these indicators work best in tandem.
Daily Simple Moving Average (SMA)
Daily Exponential Moving Average (EMA)
Weekly Simple Moving Average (SMA)
Weekly Exponential Moving Average (EMA)
More Technical Indicators for SNX
For a more detailed breakdown of the technical indicators one-by-one, refer to the table of SNX technicals today.
Monthly 2025 SNX Price Prediction
December 2025 SNX Price Forecast
By December 2025, the price of Synthetix is predicted to be $0.58, as the technical and historical data suggest. The projected range for the SNX price in December 2025 is limited by the expected minimum price of $0.55 and the potential maximum price of $0.59.
SNX Price Prediction for 2026
During 2026, the expected price target for SNX is $0.5 on average. Over the course of the year, the minimum price of SNX is expected to be $0.37 and at its highest, it should reach $0.63.
SNX Price Prediction for 2027
In 2027, the forecast average price target for Synthetix is $0.34. Throughout the year, the expected price of SNX is expected to range from the minimum of $0.29 and $0.42 maximum.
SNX Price Prediction for 2028
The anticipated average price of SNX in 2027 is $0.3. During 2028, the data suggests that SNX’s price will stay within the bounds of $0.25 minimum and $0.35 at most.
SNX Price Prediction for 2029
A 2029 prediction for SNX suggests that its average price that year will be approximately $0.4. More specifically, the Synthetix price action will take it from $0.25 at its lowest to $0.63 at most.
SNX Price Prediction for 2030
The end of decade forecast for Synthetix points at $0.29 as its average future price in that period. More specifically, during 2030, the value of SNX will range from $0.22 at its lowest to $0.36 at a projected peak.
SNX Price Prediction for 2035
In about ten years from now, a Synthetix prediction pins its average price to $0.58. The forecast trading range for Synthetix in 2035 lies between $0.52 and $0.63.
SNX Price Prediction for 2040
A Synthetix forecast for the end of the next decade claims its average price will amount to about $0.95. The expected Synthetix price range in 2040 will be located around between $0.89 and $1.02.
In general, DeFi tokens on the monthly charts do well, and Synthetix is flashing the most attractive green of them all. Recently, the protocol for trading synthetic derivatives on-chain has been in the crypto news for bullish reasons only. Let’s get down to the causes of this market sentiment and check out what kinds of Synthetix (SNX) price prediction experts give.
Synthetix Price Predictions 2022–2030
| Year | Price, USD |
|---|---|
| 2022 | $1.471–7.226 |
| 2023 | $5.06–8.69 |
| 2024 | $6.68–7.88 |
| 2025 | $8.02–18.12 |
| 2030 | $41.138–123.37 |
In the SNX price prediction 2022, the price maximum will not exceed this year’s maximum price of $7.7. According to the Synthetix price prediction for 2030, SNX’s price can reach new record highs.
What is Synthetix?
Synthetix Network is a DeFi (decentralized finance) protocol for trading so-called Synths — tokenized derivatives of other assets, such as cryptocurrencies and real-world stocks and commodities. The network includes a decentralized exchange to trade the synthetic assets, as well as contracts for minting them. Therefore, you do not need to own the underlying asset to trade it with synthetic derivatives, and on Synthetix there are no intermediaries except for the smart contracts.
To back the value of the derivatives and make them liquid, minting requires to lock in a collateral in the network’s native token SNX. Essentially, SNX represents the debt that is backing all synthetic assets on the platform. This token also enables staking to secure the protocol. You can learn more in depth about Synthetix Network and SNX in our Beginner’s Guide.
Synthetix (SNX) Price History
SNX Price in 2018–2019
Source: CoinMarketCap
The protocol’s native token started being traded on the crypto market in 2018 and was worth 40 to 60 pennies, reaching $0.69 during the bear market rally in May 2018. The exit out of the crypto winter of 2018–2019, when the average price of SNX sank below $0.1, was spectacular for the SNX price as it soared to $1 and above. SNX token closed 2019 at $1.22.
SNX Price in 2020–2022
Source: CoinMarketCap
2020 was off to a healthy start but the start of the COVID-19 pandemic brought it back down together with the crypto market to $45 in March. Fortunately, by June it started going upward, first reaching $7.32 in August and then syncing with the Bitcoin bull run. For SNX price it culminated at the current ATH of $28.77 on February 14, 2021.
Since then, a long-term correction has started but occasionally SNX price would go against the overarching trend. In April 2022, SNX scored this year’s high at $7.7. At the moment of writing, the current price of SNX is $3.81 and by its market capitalization it ranks 88th on CoinMarketCap.
What Influences the Price of SNX?
Protocol Updates
As of now, Synthetix exists in two versions: on the Ethereum blockchain and the Optimism side chain. Optimism (OP) is a layer-two scaling solution for Ethereum which uses Optimistic rollups to bundle transaction info and secure it on the Ethereum main chain, achieving better throughput.
OP Synthetix integrates with other protocols that also use this L2: spot and derivatives DEX Kwenta, Uniswap and Aave. Meanwhile, L1 Synthetix got integrated with the 1inch DEX aggregator. Despite the two networks developing in parallel, the team is considering their merger in a more distant future.
Further Development
A newer roadmap for Synthetix also boosted user confidence and the SNX price action. According to it, Synthetix v3 is slated for release later this year and will include Liquidity-as-a-Service and permissionless tokenization. Another significant update set to ship is sUSD Synth Bridge, which will essentially make it a stablecoin issued on the Synthetix platform.
SNX Tokenomics and sUSD
The way SNX works is staking incentivizes locking down the SNX tokens, decreasing the liquid circulating supply. In addition to distributed inflation, stakers receive a share of fees collected by the protocol. Increasing rewards thanks to 1inch and Kwenta trading put buying pressure on the SNX token price.
Synthetix on Twitter
$SNX blew up in the last few weeks, what's going on there and why @synthetix_io is a revenue machine:
— CryptoPepe🦇🔊 (@PepeOnDrugs) August 2, 2022
🧵👇 pic.twitter.com/E2Je9iHpVz
User Crypto Pepe made a thread on the Synthetix network and its integrations which highlights the many ways to use the protocol.
$SNX
— Livercoin (@Livercoin) August 1, 2022
Pulled back to the $3.4 level.
I think if it does another HTF leg (which is what I think is likely), we could see it go to the $5.5 mark.
Longed some down here and might add on the reclaim of local high (red). https://t.co/5I4jpDhpKB pic.twitter.com/D8uXP6BtcK
Trader Livercoin comes in with an update to a short-term bullish SNX price prediction.
Snagged a bag of $snx, here’s why.
— Lark Davis (@TheCryptoLark) August 8, 2022
- Solid #defi #crypto coin
- Top traded and held coin by top whales
- Jump VC hopped on board
- Huge staking rewards
- Thanks to optimism it is gaining real traction finally
- Integrating atomic swaps for synths in Curve Finance
Influencer Lark Davis posted some words of appreciation for Synthetix. It’s got whale and VC backing, traction and cross-protocol utility — in his opinion, all solid arguments in favor of owning SNX.
SNX Price Prediction 2022
More Crypto Online provides technical analysis of SNX price chart in their follow-up to the series on Synthetix price analysis. In their opinion, the bottom is already in at $1.5 and the price trend is currently in a third Elliot Wave — on its way to a $4.5 resistance which will then be turned to a support level.
CryptoNewsZ confidently assumes that by the end of 2022, Synthetic price can still land in the range of $4.18–5.70. Using technical analysis of multiple indicators, TheNewsCrypto provides their own Synthetix price prediction. Considering that the RSI value points at SNX being overbought, traders need to watch the support levels at $2.207 and $1.471 more closely than resistances at $4.862 and $7.226.
SNX Price prediction for 2023, 2024
CoinCodex uses an unconventional tool to forecast: they project performance history of other assets and provide a hypothetical scenario in which Synthetix follows the same growth patterns. Therefore, if SNX price follows the same growth trends as the Internet, by 2023 it will reach $5.06. If we change the pattern for Facebook, it is expected to arrive at $8.69 in the same period. TechNewsLeader combines several methodologies, and in the resulting Synthetix price prediction for 2024 the average price of Synthetix network token is $6.68 with the maximum price for the time being $7.88.
SNX Price Prediction for 2025
2025 is sooner than we might expect — at least, the moderate forecast from Captain Altcoin seems to imply that. They don’t see Synthetix price exceeding $8.02 even by then. In the Synthetix price prediction by CryptoNewsZ we mentioned above, their expectations from SNX in 2025 are only slightly higher: $9.09. Probably the most bullish long-term forecast comes from PricePrediction.net — $10.30 is the absolute minimum of their expectations, and the maximum is $18.12.
SNX Price prediction for 2030
And for completeness’ sake, let’s try to peek into as far as the end of the decade. For instance, AMBCrypto expects a future bullish trend and mentions a range between $41.138 and $58.611 — finally, a new ATH! PricePrediction.net goes further and claims by 2030 Synthetix price can be anywhere from $70.74 to $123.37.
How to Get SNX With ChangeHero?
Did we pique your interest with this article? If you want to buy Synthetix (SNX) with other cryptocurrencies, it’s very easy to do on ChangeHero — follow these simple steps!
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Provide
Choose the currencies on the home page, amounts and the type of exchange. Provide your wallet address in the next step and check the amounts
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Check
Double-check the provided information, read and accept the Terms of Use and Privacy Policy
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Send
Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit
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Relax and receive
All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives.
The Best Rate transactions will use the rate current to the time when your funds arrive. The Fixed Rate will use the rate at the time of step 1
As soon as the exchange has been processed, your SNX are on the way to your wallet. The customer support is available 24/7 in the chat on the website or through the email: support@changehero.io.
Conclusion: Synthetix Price Prediction by ChangeHero
Rounding up the Synthetix (SNX) price predictions from all sources, the odds of Synthetix price overtaking its 2021 bull market peak in the nearest future are slim. However, it wouldn’t be the crypto market if it didn’t defy all expectations, and with ongoing developments at team Synthetix, the future looks more than bright.
You can find more articles about Synthetix in our blog or useful posts in our Twitter, Facebook and Telegram. Check them out and subscribe!
Frequently asked questions
Does SNX have a future?
Synthetix has solid plans formulated in the roadmap, a bustling community and decent prospects. For now, the future of SNX looks secure
Is Synthetix (SNX) a good investment?
Most reviewed opinions consider SNX to be a safe investment but not one that will yield huge returns. Any cryptocurrency should be considered a high risk investment.
