SNX price prediction 2025-2031: Is SNX a good investment?

3 months ago 7384

Key takeaways:

  • The average SNX price prediction for 2025 is $1.29.
  • In 2028, it will range between $3.02 and $3.45, with an average price of $3.23.
  • In 2031, it will range between $5.17 and $5.60, with an average price of $5.39.

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

CryptocurrencySynthetix
AbbreviationSNX
Current Price$0.614 (+1.32%)
Market Cap$210.87 Million
Trading Volume (24-hour)$7.19 Million
Circulating Supply343.46 Million SNX
All-time High$28.77 (Feb 14, 2021)
All-time Low$0.03258 (Jan 5, 2019)
24-hour High$0.620
24-hour Low$0.599

SNX price prediction: Technical analysis

MetricValue
Price Volatility (30-day Variation)9.44%
50-day SMA$0.752008
200-day SMA$1.051296
SentimentBearish
Fear & Greed Index63 (Greed)
Green Days15/30 (50%)

Synthetix price analysis

TL;DR Breakdown:

  • Synthetix coin price analysis confirmed an undecided trend as the price floats at $0.614.
  • Cryptocurrency gains 1.32% of its value.
  • SNX coin prices target the next resistance at $0.698.

On June 15, 2025, Synthetix Coin price analysis revealed an undecided trend for the cryptocurrency. The altcoin value has slightly increased to $0.614 in the past 24 hours. From an overall perspective, the cryptocurrency has gained up to 1.32% of its value. The altcoin’s price action has practically stalled since yesterday, which presents a risky outlook for investors as a breakout in any direction is possible.

SNX/USD 1-day chart: SNX price faces strong bearish domination toward $0.635

The one-day price chart of Synthetix coin confirmed a slow upward market trend for the altcoin. The cryptocurrency value has increased to $0.614 over the day. A green candlestick on the price chart signifies the presence of bullish support at the current price level.

The distance between the Bollinger bands defines the volatility. This distance remains unchanged, leading to constant volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance, has shifted to $0.776. Its lower limit, serving as the support, has moved to $0.585.

SNX/USD 1-day ChartSNX/USD 1-day Chart. Source: TradingView

The Relative Strength Index (RSI) indicator curve has been flattening below the midline, currently at 37.98. This situation suggests that the SNX price is stalling but any further selling pressure might push it toward the oversold conditions.

SNX/USD 4-hour chart analysis

The four-hour price analysis of Synthetix Coin referred to a decreasing trend in the market. The SNX/USD value has decreased to $0.614 in the past few hours. The decreasing volatility is suggestive of a lower chance of an upcoming reversal or further price deterioration.

The Bollinger bands are converging, leading to decreasing volatility. This decrease in volatility signals a lower market unpredictability. Moving ahead, the upper Bollinger band has shifted to $0.688, marking the resistance. Its lower Bollinger band has moved to $0.571, signifying the support.

SNX/USD 4-hour ChartSNX/USD 4-hour Chart. Source: TradingView

The RSI indicator is hovering below the midline. Its value has stepped down to index 38.24 in the past four hours. The downward curve on the RSI graph reflects a rising bearish momentum. The bears have been ruling the price chart for the past few hours. This has resulted in a relatively unbalanced trading setup for investors.

SNX technical indicators: Levels and action

Daily simple moving averages

PeriodValue ($)Action
SMA 3 0.61924SELL
SMA 5 0.666304SELL
SMA 10 0.686605SELL
SMA 21 0.713505SELL
SMA 50 0.752008SELL
SMA 100 0.77248SELL
SMA 200 1.051296SELL

Daily exponential moving averages

PeriodValue ($)Action
EMA 3 0.704264SELL
EMA 5 0.711827SELL
EMA 10 0.711627SELL
EMA 21 0.735845SELL
EMA 50 0.851939SELL
EMA 100 1.087562SELL
EMA 200 1.405052SELL

What can we expect from the SNX price analysis next?

Synthetix Coin price analysis shows an undecided trend regarding the ongoing market events. Coin value has been maintained at $0.614 for the last 24 hours. If a downward momentum initiates, the SNX price might retest buyers’ support at the $0.585 level.

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 seen in Cryptopolitan’s SNX price predictions from 2025 to 2031. It is expected that SNX will reach $4.88 by 2030.

Why is SNX down?

The cryptocurrency market is in a bearish trend, and SNX is following suit. From a larger picture, the token is following a bearish trend; however, the SNX price slightly increased to $0.614, gaining 1.32% of its total value in the last few hours.

What is the target price for SNX?

The target price for SNX is $1.29 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 2031.

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 $5.60, 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 $5.60 by the end of 2031, the asset appears to be a worthwhile investment.

Recent news/ updates on SNX

  • Synthetix IO has approved SCCP-409 (Synthetix Configuration Change Proposal) to support the sUSD peg. Staking requirements for Debt Jubilee participants are also increasing from 10% to 20%. However, users can still buy their required sUSD for under $1.

SCCP-409 has been approved, providing additional support for the sUSD peg.

sUSD staking requirements for debt jubilee participants are increasing from 10% to 20%. For now, it's still possible to buy your required sUSD for under $1.

Here’s what this means for you. 🧵🔽 pic.twitter.com/MeffLeOkQd

— Synthetix ⚔️ (@synthetix_io) May 30, 2025
  • SNX has become the fifth-largest ERC20 project by development activity in the last 30 days, according to the Generation Crypto stats. ETH stands in third place, while LINK still holds the first position for development activity.

📊 Top 10 ERC20 Projects by Development Activity in the last 30 days

Let's look into the top ERC20 projects by Average Development Activity in the last 30 days.

G.Crypto: Next Generation of Crypto Media$LINK $STRK $ETH $EIGEN $SNX $SNT $LQTY $FUEL $LDO $LPT pic.twitter.com/MeGadkRDqW

— Ben GCrypto (@GCryptoBen) May 27, 2025

SNX price prediction June 2025

This month, SNX is expected to reach a high of $0.976, with an average price of $0.830 and a minimum trading price of $0.485.

MonthPotential Low ($)Potential Average ($)Potential High ($)
June$0.485$0.830 $0.976

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 $1.29 and an average trading price of $1.08.

YearPotential Low ($)Potential Average ($)Potential High ($)
2025$0.372$1.08$1.29

SNX price prediction 2026 – 2031

YearPotential Low ($)Potential Average ($)Potential High ($)
20261.581.802.01
20272.302.512.73
20283.023.233.45
20293.743.954.17
20304.454.674.88
20315.175.395.60

Synthetix price prediction 2026

The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $1.58 and $2.01, with an average trading price of $1.80.

Synthetix price prediction 2027

The Synthetix Network token price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $2.30 and $2.73, with an average of $2.51.

Synthetix price prediction 2028

According to our Synthetix Network token price prediction for 2028, we expect a maximum price of Synthetix to be $3.45, a minimum price of $3.02, and an average price of $3.23.

Synthetix price prediction 2029

According to the Synthetix price prediction for 2029, the price of SNX will range from $3.74 to $4.17, with an average price of $3.95.

Synthetix price prediction 2030

The Synthetix Network token price prediction for 2030 indicates the price will range between $4.45 and $4.88. The average Synthetix price forecast is $4.67.

SNX price prediction 2031

The Synthetix forecast for 2031 is a high of $5.60. According to the SNX coin price prediction, it will reach a minimum price of $5.17 and average at $5.39.

Synthetix (SNX) price prediction 2025 - 2031Synthetix (SNX) price prediction 2025 – 2031

Synthetix market price prediction: Analysts SNX price forecast

Firm20252026
DigitalCoinPrice $1.56$1.82
CoinCodex$0.770$0.864

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 $1.29 by the end of 2025. SNX is expected to trade between $1.58 and $2.01 in 2026. In 2031, SNX will be priced between $5.17 to $5.60 with an average price of $5.39.

Synthetix historic price sentiment

SNX historic price chartSNX 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.
  • In March, SNX price declined to $0.89, and in April it further descended to the $0.77 range.
  • In May 2025, it saw some recovery to $0.926, improving its market capitalization, and at the start of June, the token is trading near $0.71 as the current Synthetix sentiment is bearish.

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