Key takeaways : The average SNX price prediction for 2025 is $1.67. In 2028, it will range between $4.67 and $5.34, with an average price of $5.00. In 2031, it will range between $8.01 and $8.67, with an average price of $8.34. 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 $1.014 Market Cap $345,527,565 Trading Volume $37,566,719 Circulating Supply 339,466,216 SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5,2019) 24-hour High $1.05 24-hour Low $0.9934 SNX price prediction: Technical analysis Metric Value Volatility (30-day Variation) 22.82% 50-day SMA $1.635841 200-day SMA $1.761016 Sentiment Bearish Fear & Greed Index 50 (Neutral) Green Days 12/30 (40%) Synthetix price analysis TL;DR Breakdown: Synthetix price analysis confirmed a downtrend at $1.014. It lost 1.65% of its value today. SNX coin prices target the next support at $0.974. On February 15, 2025, Synthetix’s price analysis revealed a bearish trend for the cryptocurrency. The SNX/USD value has dropped to a low of $1.014 over the last 24 hours. The overall market sentiment has remained bearish since yesterday, as the bears secured the lead, which resulted in SNX shedding another 1.65% of its value. SNX/USD 1-day chart: Cryptocurrency devalues to $0.971 The one-day price chart of Synthetix coin confirmed a downtrend for the currency. Coin value receded to a $1.014 low during the day. Despite the earlier bullish attempts for recovery, today the bearish strength remained high. The distance between the Bollinger bands defines the volatility. The Bollinger bands are widening, resulting in increasing volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance, has shifted to $1.64. Conversely, its lower limit, serving as the support, has moved to $0.730. SNX/USD 1-day Chart. Source: TradingView The Relative Strength Index (RSI) indicator is in the neutral region. The indicator’s value deteriorated to an index of 32.22 in the last 24 hours. This puts SNX in a high probability of reversing as it nears the oversold range. The selling pressure remains high, as signified by the descending curve. SNX/USD 4-hour chart analysis The four-hour price analysis of the Synthetix coin referred to a downward swing in the market. The SNX/USD value fell to a low of $1.014 in the past few hours. However, a green candlestick has appeared, which is small in size, and no notable increase has yet been observed, but it indicates the presence of support at the current price level. The Bollinger bands are converging, leading to receding volatility levels. This reduction in volatility marks lower chances of a reversal in the upcoming hours. Moreover, the upper Bollinger band has shifted to $1.066, hinting at the resistance point. Conversely, the lower Bollinger band has moved to $1.012, signaling the availability of support. SNX/USD 4-hour Chart. Source: TradingView The RSI indicator is at the center of the neutral region. Currently at 50.26 and moving horizontally, signaling an undecided trend. The selling pressure decreased in the last four hours, leading to a balanced market and a flattened curve. This balanced market condition is also shown by the straightening slope on the RSI graph. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 1.307193 SELL SMA 5 1.186248 SELL SMA 10 1.162421 SELL SMA 21 1.293965 SELL SMA 50 1.635841 SELL SMA 100 1.950471 SELL SMA 200 1.761016 SELL Daily exponential moving averages Period Value ($) Action EMA 3 1.298616 SELL EMA 5 1.441886 SELL EMA 10 1.639705 SELL EMA 21 1.860601 SELL EMA 50 2.04 SELL EMA 100 2.01 SELL EMA 200 2.04 SELL What can we expect from SNX price analysis next? Synthetix coin price analysis shows a bearish outlook of market conditions. The SNX/USD value has depreciated to a low of $1.014 in the day. The overall market sentiment remains largely bearish. Cryptocurrency also fell by 1.65% over the last 24 hours. Technical indicators as well as the price charts continue to support the sellers. 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 we shall explore in Cryptopolitan’s SNX price predictions from 2025 to 2031. It is expected that SNX will reach $7.56 by 2030. Why is SNX down? The cryptocurrency market is under bearish pressure, and SNX faces the same sentiment. However, it is discouraging that SNX has been following a bearish price curve after December 8, 2024. The SNX price has decreased to $1.014 as it depreciated 1.65% of its total value in the last few hours. What is the target price for SNX? The target price for SNX is $2 for the current year. 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 $5 by 2028. Will SNX reach $6? According to SNX price prediction, SNX will reach the $6 level by the fourth quarter of 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 far target. Will SNX reach $100? No, market analysts don’t expect SNX to reach $100 during the next 10 years. How high can SNX go? The highest expected price for SNX is $8.67, 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 $8.67 by the end of 2031, the asset appears to be a worthwhile investment. Recent news/ updates on SNX Synthetix Network said in a post that it is giving away 75,000 OP and 150,000 USDC to traders. It said the rewards will be given based on their trading volume. The giveaway will end on February 24. 5️⃣/6️⃣ Whether you’re feeling BULLish or BEARish, there’s never been a better time to try Synthetix Leveraged Tokens. Starting last week through February 24th, we’re giving away 75,000 OP and 150,000 USDC in rewards to traders based on volume. Check out Synthetix Leveraged… pic.twitter.com/L4D0Dw0qI3 — Synthetix ⚔️ (@synthetix_io) January 31, 2025 Synthetix announced that new Perps markets are now live on the SNX Exchange, secured by Pyth Network price feeds on Base, an Ethereum Layer 2 blockchain network developed by Coinbase. New Perps markets are now live on @SNX_Exchange , secured by @PythNetwork price feeds on @Base : 💨 $FARTCOIN @FartCoinOfSOL by @truth_terminal ⚙️ $KMNO by @KaminoFinance Learn more 🧵 🔽 pic.twitter.com/SPdhIm1r8e — Synthetix ⚔️ (@synthetix_io) December 30, 2024 SNX price prediction February 2025 This month, SNX is expected to reach a high of $1.98, with an average price of $1.54 and a minimum trading price of $0.931. Month Potential Low ($) Potential Average ($) Potential High ($) February $0.931 $1.54 1.98 SNX price prediction 2025 The price of SNX is predicted to reach a minimum value of $1.33 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 $1.33 $1.67 $2.00 SNX price prediction 2026 – 2031 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 2.45 2.78 3.11 2027 3.56 3.89 4.23 2028 4.67 5.00 5.34 2029 5.78 6.12 6.45 2030 6.89 7.23 7.56 2031 8.01 8.34 8.67 SNX price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $2.45 and $3.11, with an average trading price of $2.78. SNX price prediction 2027 The Synthetix price 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 $3.89. SNX price prediction 2028 According to our SNX price prediction for 2028, we expect a maximum price of $5.34, a minimum price of $4.67, and an average price of $5.00. SNX price prediction 2029 According to the Synthetix price prediction for 2029, the price of SNX will range from $5.78 to $6.45, with an average price of $6.12. SNX price prediction 2030 The Synthetix price prediction for 2030 indicates the price will range between $6.89 and $7.56. The average price of SNX will be $7.23. SNX price prediction 2031 The Synthetix price forecast for 2031 is a high of $8.67. According to the SNX coin price prediction, it will reach a minimum price of $8.01 and average at $8.34. Synthetix (SNX) price prediction 2025 – 2031 Synthetix market price prediction: Analysts SNX price forecast Firm 2025 2026 DigitalCoinPrice $2.44 $2.85 CoinCodex $1.29 $0.914 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 $1.98 by the end of 2025. SNX is expected to trade between $2.25 and $3.07 in 2026. In 2031, SNX will be priced between $7.92 to $8.61 with an average price of $8.29. Synthetix historic price sentiment SNX price history 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. Different from 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. 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 average price of the SNX token was 1.74 in January and has since corrected to $1.20 in February.
