SNX is the native cryptocurrency of Synthetix Protocol, an Ethereum-based DeFi platform enabling the creation and trading of synthetic assets ("Synths") that mirror real-world assets (RWAs) like fiat currencies, commodities, and stocks. This analysis explores SNX's price trajectory from 2025 to 2030, backed by technical metrics and market trends.
How Synthetix and the SNX Token Function
Synthetix operates as a decentralized synthetic asset issuance platform:
- Synths Creation: Users lock SNX as collateral to mint Synths (e.g., sUSD, sBTC).
- Collateralization Ratio: Over-collateralization ensures stability against volatility.
- Rewards: SNX stakers earn transaction fees and governance rights.
👉 Discover how Synthetix compares to other DeFi protocols
SNX Tokenomics: Key Statistics
| Metric | Value |
|---|---|
| Total Supply | 339.88M SNX |
| Circulating Supply | 339.46M SNX |
| All-Time High | $28.77 (Feb 2021) |
| All-Time Low | $0.03258 (Jan 2019) |
Current SNX Market Performance (2024)
- Price: $0.6378 (4.13% daily decline)
- Market Cap: $216.24M
- Rank: #176 among cryptocurrencies
- Volatility: 7.36% (60% green days in 30 days)
SNX Price Prediction (2025–2030)
2025 Outlook
- Expected Range: $0.56869–$0.675562
- Average Price: $0.600023 (+6.2% ROI)
| Month | Low | Avg | High |
|---|---|---|---|
| May 2025 | $0.608833 | $0.635202 | $0.675562 |
| Dec 2025 | $0.56869 | $0.572096 | $0.577144 |
Long-Term Forecast (2026–2030)
| Year | Low | Avg | High |
|---|---|---|---|
| 2026 | $0.54692 | $0.559044 | $0.58353 |
| 2030 | $0.043862 | $0.103883 | $0.227550 |
Risk Analysis
- Bearish Sentiment: SNX underperformed 97% of top cryptos in 2024.
- ROI Caution: Potential -64.27% by 2030.
- Market Factors: RWA adoption and DeFi trends will heavily influence SNX.
FAQ
Q: Is SNX a good investment for 2025?
A: Short-term volatility is expected, with modest gains (6.2% ROI) projected for 2025.
Q: What drives SNX’s price?
A: Demand for synthetic assets, Ethereum network upgrades, and DeFi adoption.
Q: Where can I buy SNX?
A: Major exchanges like Binance, Coinbase, and OKX list SNX pairs.
👉 Explore SNX trading strategies
Disclaimer: This analysis is informational only. Conduct independent research before investing.