Bitcoin
BTC$29 815.26

1.01%

Ethereum
ETH$2 000.88

1.06%

Tether
USDT$0.998909

0.01%

USD Coin
USDC$1.000209

-0.03%

Binance Coin
BNB$316.28

1.60%

XRP
XRP$0.416706

0.37%

Synthetix Network (SNX) Reviews for May 2022

SNX Reviews Copernicus July 13, 2021
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday. A flurry of technical and fundamental factors contributed to the sudden market demand for Synthetix tokens, including founder Kain Warwick's update on the project's much-awaited layer 2 solutions. Layer 2 refers to the techniques for scaling blockchains by taking computation and transaction load from the parent layer and put them onto a base layer. Synthetix, an Ethereum-based synthetic asset platform, has been testing such scalability solutions since October 2020 to limit its dependency of Ethereum's higher gas and transaction fees model. Last Saturday, more than 12 hours before the SNX/USD rate started rallying, Warwick announced Synthetix would launch a layer 2 exchange in the week beginning July 26. He also revealed Optimistic Ethereum (OΞ) has the underlying technology that would back the synthetic asset (or Synths) trading platform.

* Crypto Rating accepts no liability for content of the Synthetix Network reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 57.6% 84 $29 815.26 1.01% -0.39% $567 877 135 044 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 56.8% 88 $2 000.88 1.06% -2.66% $241 865 980 181 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $0.998909 0.01% -0.01% $73 195 168 297 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $1.000209 -0.03% 0.01% $53 074 379 147 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 59.6% 88 $316.28 1.60% 6.46% $51 641 959 049 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 60.4% 89 $0.416706 0.37% -1.83% $20 144 872 785 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.000981 0.08% 0.01% $18 535 892 542 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 59.2% 91 $0.534887 -0.11% -1.96% $18 046 551 403 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 58.8% 88 $51.78 2.12% -1.78% $17 567 814 140 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 56.8% 92 $0.085246 0.16% -3.86% $11 309 686 383 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 56.4% 87 $10.07 1.95% -6.03% $9 947 461 943 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 59.6% 90 $31.50 5.22% -8.25% $8 476 885 368 AVAX 7 days price change
13 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 57.6% 84 $29 803.20 1.19% -0.35% $8 243 652 197 WBTC 7 days price change
14 TRON (TRX) TRX TRON predictions 70.8% 53 $0.076135 1.95% 11.63% $7 366 247 062 TRX 7 days price change
15 Dai (DAI) DAI Dai predictions 94% 1 $0.999947 -0.11% -0.03% $6 528 397 233 DAI 7 days price change

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