Bitcoin
BTC$26 897.71

-0.57%

Ethereum
ETH$1 860.48

-0.05%

Tether
USDT$1.000026

-0.01%

Binance Coin
BNB$304.67

-0.61%

USD Coin
USDC$0.999756

-0.01%

XRP
XRP$0.504250

-1.53%

Synthetix Network (SNX) Reviews for June 2023

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 88% 10 $26 897.71 -0.57% 2.07% $521 544 143 377 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94.4% 5 $1 860.48 -0.05% 3.44% $223 714 819 656 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000026 -0.01% 0.03% $83 224 498 225 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 94.8% 1 $304.67 -0.61% -0.08% $47 485 262 045 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92% 1 $0.999756 -0.01% -0.01% $28 847 127 885 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 77.2% 37 $0.504250 -1.53% 11.90% $26 212 632 900 XRP 7 days price change
7 Cardano (ADA) ADA Cardano predictions 92% 10 $0.364572 -2.55% 1.76% $12 717 605 112 ADA 7 days price change
8 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 89.2% 17 $0.071692 0.74% 1.81% $10 007 347 652 DOGE 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 80% 35 $0.893847 0.39% 0.86% $8 294 424 384 MATIC 7 days price change
11 Solana (SOL) SOL Solana predictions 80% 29 $20.71 0.55% 7.01% $8 214 229 812 SOL 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 80.8% 37 $0.074826 -0.77% -3.49% $7 608 018 393 WTRX 7 days price change
13 Litecoin (LTC) LTC Litecoin predictions 77.6% 37 $94.21 5.89% 10.62% $6 881 721 612 LTC 7 days price change
14 TRON (TRX) TRX TRON predictions 78.4% 33 $0.074853 -0.76% -3.71% $6 753 192 726 TRX 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 87.2% 11 $5.23 -1.35% -0.75% $6 224 984 176 DOT 7 days price change

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