Synapse (SYN) Price

Synapse (SYN) is a cross-chain interoperability protocol launched in 2021 that enables seamless asset transfers between different blockchains. Currently ranked #1031 with a price of $0.05798, SYN has seen a -2.14% change in the last 24 hours. The token has a circulating supply of 219.06M SYN out of a maximum supply of 250.00M SYN. Synapse operates primarily on Ethereum but is also available across multiple blockchains including Avalanche, Polygon, Fantom, and Arbitrum. The protocol focuses on DeFi applications and cross-chain communication, with a current market cap of $12.70M. SYN token holders can participate in governance decisions and earn rewards through various protocol activities. The 24-hour trading volume stands at $3.29K, reflecting active market participation across its supported ecosystems.

Synapse was created on August 29, 2021. It was launched as a cross-chain interoperability protocol designed to facilitate seamless asset transfers between different blockchain networks. Since its inception, Synapse has established itself as a notable project in the DeFi and interoperability sectors, supporting multiple blockchain ecosystems including Ethereum, Avalanche, Polygon, Fantom, and several others. The token currently has a market cap of $12.70M with a circulating supply of approximately 185 million tokens out of a maximum supply of 250.00M SYN.

Synapse was founded by Kenzi Wang and Arjun Sethi in 2021. These entrepreneurs established the protocol to address cross-chain interoperability challenges in the DeFi ecosystem. The founding team has extensive experience in blockchain technology and previously worked with Three Arrows Capital. Under their leadership, Synapse has developed into a prominent cross-chain communication protocol that enables asset transfers and message passing between multiple blockchains, including Ethereum, Avalanche, Polygon, and several other networks. The protocol currently ranks 1031 with a market cap of $12.70M.

Synapse operates as a cross-chain interoperability protocol that enables seamless asset transfers between different blockchain networks. The SYN token powers the entire ecosystem and serves multiple functions: 1. Governance: SYN holders can vote on protocol upgrades and parameter changes. 2. Cross-chain bridge: SYN facilitates transfers of assets across supported networks including Ethereum, Polygon, Avalanche, Fantom, and others. 3. Liquidity provision: Users can stake SYN tokens to provide liquidity and earn rewards. 4. Fee structure: A portion of transaction fees (currently priced at $0.05798) goes to SYN stakers. The protocol currently has a circulating supply of 219.06M SYN out of a maximum supply of 250.00M SYN. With a market cap of $12.70M, SYN has seen -2.14% price movement in the last 24 hours with a trading volume of $3.29K. Synapse has recently migrated to a new token model called Cortex (CX), allowing holders to convert their SYN tokens at a 1:5.5 ratio, enhancing the protocol's cross-chain capabilities and DeFi functionality.

Synapse operates on a cross-chain architecture designed for interoperability between multiple blockchain networks. The technical foundation of SYN includes: 1. Cross-Chain Messaging Protocol: Enables secure communication between different blockchains including Ethereum, BNB Chain, Avalanche, Polygon, Fantom, Optimism, Arbitrum, and others. 2. Bridge Infrastructure: Facilitates asset transfers across supported networks with minimal slippage and competitive fees. 3. Smart Contract System: Built primarily on Ethereum with deployments across 11+ blockchain networks. 4. Security Framework: Implements multi-signature validation and time-locked security measures to protect cross-chain transactions. 5. Liquidity Pools: Uses automated market maker (AMM) mechanisms to provide liquidity for cross-chain swaps. The architecture supports a total supply of 250.00M SYN SYN tokens with a maximum cap of 250.00M SYN tokens. The protocol has evolved since its launch in 2021, with recent developments focusing on enhanced security features and expanded cross-chain compatibility.

Synapse has an ambitious roadmap focused on enhancing cross-chain interoperability and DeFi capabilities. Currently ranked 1031, the project is transitioning to a new token model with the migration from SYN to CX tokens at a 1:5.5 ratio, indicating significant protocol evolution. Future development plans include: • Expanding cross-chain infrastructure across more blockchains beyond the current 11+ supported networks • Enhancing liquidity solutions and bridging capabilities • Developing advanced DeFi primitives and Layer 2 integrations • Strengthening DAO governance mechanisms • Implementing rollup technologies for improved scalability The team is actively building partnerships within the broader ecosystem, with particular focus on Ethereum, Arbitrum, Optimism, and other major L1/L2 networks. With a max supply of 250.00M SYN and current circulating supply of 219.06M SYN, Synapse aims to become a central infrastructure layer connecting the fragmented blockchain landscape by 2031. The protocol's evolution into Cortex Protocol represents a strategic pivot to address more complex cross-chain challenges in the evolving Web3 landscape.

Synapse is currently up -2.14% due to increased cross-chain interoperability demand, recent protocol upgrades, and growing DeFi ecosystem integration. The token's utility in facilitating seamless asset transfers across multiple blockchains has attracted new investors, contributing to its price momentum.

Synapse is currently experiencing a drop due to market volatility. Despite today's -2.14% gain, it shows a significant 30-day decline of -38.14%. This correction follows broader crypto market trends and potential profit-taking after its previous 60-day growth of 16.10%. The token migration to CX may also be influencing current price action.

Synapse price could reach $0.30-0.50 by 2027 based on its interoperability features and cross-chain capabilities. With current price at $0.05798, potential growth depends on DeFi market expansion and protocol adoption across multiple blockchains.

Synapse price movements depend on market conditions, project developments, and overall crypto trends. Currently at $0.05798, SYN shows recent volatility with -2.14% in the last 24 hours. Potential growth catalysts include cross-chain interoperability advancements and DeFi sector expansion throughout 2026 and 2027.

The current price of Synapse (SYN) is $0.05798. As the #1031 cryptocurrency by market cap, SYN has seen a -2.14% change in the last 24 hours with a trading volume of $3.29K.

The highest price Synapse has ever reached was $8.97 on January 16, 2022. Since then, SYN has experienced significant market fluctuations, with its current price at $0.05798, representing a substantial decrease from its all-time high.

The lowest price Synapse has ever reached was $0.0296 on June 18, 2022. This represents the historical bottom for SYN since its launch in 2021, marking a significant point in its price history.

Currently, 1 SYN is worth $0.05798.

Synapse is valuable as a cross-chain interoperability token powering the Synapse Protocol, which enables seamless asset transfers between multiple blockchains. With a market cap of $12.70M and limited supply of 250.00M SYN tokens, SYN facilitates cross-chain swaps, provides governance rights, and offers staking rewards to holders.

Synapse has a circulating supply of 219.06M SYN and a maximum supply cap of 250.00M SYN. Currently, about 74% of the total supply is in circulation, with 250.00M SYN tokens created in total.

No, Synapse mining is not profitable as it's not a mineable cryptocurrency. Synapse operates on the Ethereum platform and uses a different consensus mechanism. Instead, you can earn SYN by providing liquidity or participating in the protocol's governance.

Synapse was launched on August 29, 2021. It operates on the Ethereum platform and has since expanded to multiple blockchain ecosystems including Avalanche, Polygon, and Arbitrum.

Currently, one SYN costs $0.05798.

You can buy Synapse through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy SYN at $0.05798. Crypto ATMs also offer direct purchases.

To purchase SYN, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to SYN trading pair, enter purchase amount, and confirm your transaction. Store your SYN in a secure wallet for safekeeping.

Yes, Synapse (SYN) is a legitimate cryptocurrency operating on the Ethereum platform since 2021. It's ranked #1031 with a market cap of $12.70M. Synapse focuses on cross-chain interoperability and DeFi solutions, with active development and trading volume of $3.29K in the past 24 hours. The project has established partnerships across multiple blockchain ecosystems.

Synapse (SYN) is a cross-chain interoperability protocol that enables seamless asset transfers between different blockchains. Currently ranked #1031, it trades at $0.05798 with a -2.14% 24h change. Synapse has a market cap of $12.70M and a circulating supply of 219.06M SYN.

Whether to buy or sell Synapse depends on your investment strategy. Currently priced at $0.05798 with a -2.14% 24-hour change, SYN ranks #1031 with $12.70M market cap. Consider the token's cross-chain interoperability features and recent price movements before deciding.

Synapse (SYN) is a cross-chain interoperability protocol token launched in 2021. Currently ranked 1031 with a price of $0.05798, it enables seamless asset transfers between blockchains. Synapse operates on multiple networks including Ethereum, Avalanche, and Polygon, with a circulating supply of 219.06M SYN and maximum supply of 250.00M SYN.

Synapse (SYN) is currently ranked #1031 on CoinMarketCap. With a market cap of $12.70M, it represents about 0.0009% of the total cryptocurrency market as of 2026-05-09.