Key takeaways:
- The average SNX price prediction for 2025 is $1.31.
- In 2028, it will range between $3.06 and $3.50, with an average price of $3.28.
- In 2031, it will range between $5.25 and $5.69, with an average price of $5.47.
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 | $0.700 |
| Market Cap | $237.25M |
| Trading Volume | $13.05M |
| Circulating Supply | 339.46M SNX |
| All-time High | $28.77 (Feb 14, 2021) |
| All-time Low | $0.03258 (Jan 5,2019) |
| 24-hour High | $0.7259 |
| 24-hour Low | $0.6975 |
SNX price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day Variation) | 7.39% |
| 50-day SMA | $ 0.749236 |
| 200-day SMA | $ 1.373437 |
| Sentiment | Bearish |
| Fear & Greed Index | 65 (Greed) |
| Green Days | 20/30 (67%) |
Synthetix price analysis
TL;DR Breakdown:
- Synthetix price analysis confirmed an upward trend at $0.700.
- Cryptocurrency gains 0.47% of value.
- SNX coin prices target the next resistance at $0.804.
On May 3, 2025, Synthetix Coin price analysis revealed an increasing trend for the cryptocurrency. Coin value has spiked up to a $0.700 high in the past 24 hours. Side by side, the cryptocurrency received up to 0.47% of a boost in the day. This creates relatively favorable circumstances for the investors, as the bullish momentum steers high.
SNX/USD 1-day chart: Cryptocurrency seeks recovery above $0.700
The one-day price chart of Synthetix Coin price analysis confirmed an upward trend for the currency. The cryptocurrency value has risen to $0.700 today. Green candlesticks on the price chart mark a rising buying pressure.
The distance between the Bollinger bands defines the volatility. This distance is undergoing a reduction, resulting in a declining volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.804. Whereby, its lower limit, serving as the support, has moved to $0.591.
The Relative Strength Index (RSI) indicator is present within the neutral region. The indicator’s value has decreased down to index 44.87. The fluctuations in price have led to a noticeable decline in the RSI. If the selling activities resume, the RSI value can be expected to recede below 40.
SNX/USD 4-hour chart analysis
The four-hour price analysis of Synthetix Coin referred to a downward trend in the market. The SNX/USD value has deteriorated to $0.6967 in the past few hours. This decline represents a bearish market and a rise in the selling pressure.
The Bollinger bands are widening, leading to a rising volatility. This increase in the volatility signifies a higher chance of an upcoming reversal. Moving forward, the upper Bollinger band has shifted to $0.7384, indicating the resistance. Conversely, the lower Bollinger band has moved to $0.6957, securing the support.
The RSI indicator is hovering within the neutral area. Currently at 40.90 and still moving downward, this indicates a bearish market. The descending curve on the indicator’s graph reflects an imbalanced trading setup. The RSI value can go below the neutral region pertaining to the selling pressure.
SNX technical indicators: Levels and action
Daily simple moving averages
| Period | Value ($) | Action |
| SMA 3 | 0.695984 | SELL |
| SMA 5 | 0.721028 | SELL |
| SMA 10 | 0.756887 | SELL |
| SMA 21 | 0.711435 | SELL |
| SMA 50 | 0.749236 | SELL |
| SMA 100 | 0.928266 | SELL |
| SMA 200 | 1.373437 | SELL |
Daily exponential moving averages
| Period | Value ($) | Action |
| EMA 3 | 0.683169 | BUY |
| EMA 5 | 0.671053 | BUY |
| EMA 10 | 0.683667 | BUY |
| EMA 21 | 0.734936 | SELL |
| EMA 50 | 0.872886 | SELL |
| EMA 100 | 1.118663 | SELL |
| EMA 200 | 1.434198 | SELL |
What can we expect from the SNX price analysis next?
Synthetix Coin price analysis gives out a bullish prediction regarding the ongoing market trends. Coin value has sought recovery up to $0.700 in the past 24 hours. From an overall perspective, the currency received up to a 0.47% boost in the day. Technical indicators give out a relatively bearish verdict. However, the price charts continue to showcase support for the buyers.
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 $4.96 by 2030.
Why is SNX up?
The cryptocurrency market is under bullish pressure, and SNX faces the same sentiment. However, it is discouraging that SNX has been following a bearish price curve after December 8, 2024, over the larger picture. The SNX price increased to $0.700 gaining 0.47% of its total value in the last few hours.
What is the target price for SNX?
The target price for SNX is $1.31 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 near $5 by 2030.
Will SNX reach $6?
According to SNX price prediction, SNX will reach near the $6 level by the fourth quarter of 2031. 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 $5.69, 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 $5.69 by the end of 2031, the asset appears to be a worthwhile investment.
Recent news/ updates on SNX
- Synthetix said in a post that sUSD staking is live in the 420 pool. The network said that staking will help restore the pegged value of Synth-Dollar. In addition, the network announced 5 million sUSD as a reward for stakers.
- Synthetix deposited $60 thousand to support the $sUSD pool on Curve Finance. Curve Finance is a decentralized exchange (DEX) specifically designed for stablecoin trading, based on the Ethereum blockchain.
- Synthetix released its latest weekly update, which includes 420 updates to its liquidity pools. Details are available in the podcast.
SNX price prediction May 2025
This month, SNX is expected to reach a high of $0.855, with an average price of $0.687 and a minimum trading price of $0.501.
| Month | Potential Low ($) | Potential Average ($) | Potential High ($) |
| May | $0.501 | $0.687 | $0.855 |
SNX price prediction 2025
The price of SNX is predicted to reach a minimum value of $0.372 by Q4 of 2025. Traders can anticipate a maximum value of $1.31 and an average trading price of $1.09.
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2025 | $0.372 | $1.09 | $1.31 |
SNX price prediction 2026 – 2031
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | 1.60 | 1.82 | 2.04 |
| 2027 | 2.33 | 2.55 | 2.77 |
| 2028 | 3.06 | 3.28 | 3.50 |
| 2029 | 3.79 | 4.01 | 4.23 |
| 2030 | 4.52 | 4.74 | 4.96 |
| 2031 | 5.25 | 5.47 | 5.69 |
SNX price prediction 2026
The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $1.60 and $2.04, with an average trading price of $1.82.
SNX price prediction 2027
The Synthetix price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $2.33 and $2.77, with an average of $2.55.
SNX price prediction 2028
According to our SNX price prediction for 2028, we expect a maximum price of $3.50, a minimum price of $3.06, and an average price of $3.28.
SNX price prediction 2029
According to the Synthetix price prediction for 2029, the price of SNX will range from $3.79 to $4.23, with an average price of $4.01.
SNX price prediction 2030
The Synthetix price prediction for 2030 indicates the price will range between $4.52 and $4.96. The average price of SNX will be $4.74.
SNX price prediction 2031
The Synthetix price forecast for 2031 is a high of $5.69. According to the SNX coin price prediction, it will reach a minimum price of $5.25 and average at $5.47.
Synthetix market price prediction: Analysts SNX price forecast
| Firm | 2025 | 2026 |
| DigitalCoinPrice | $1.59 | $1.86 |
| CoinCodex | $ 0.755 | $0.654 |
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 $1.31 by the end of 2025. SNX is expected to trade between $1.60 and $2.04 in 2026. In 2031, SNX will be priced between $5.25 to $5.69 with an average price of $5.47.
Synthetix historic price sentiment
- 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.
- In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range.
- At the start of May, SNX is trading in a range of $0.663 to $0.753.
