Bitcoin
BTC$20 345.66

0.68%

Ethereum
ETH$1 374.40

1.37%

Tether
USDT$1.000121

-0.01%

Binance Coin
BNB$296.73

0.69%

USD Coin
USDC$0.999979

0%

XRP
XRP$0.495963

4.48%

Synthetix Network (SNX) Reviews for October 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 87.2% 21 $20 345.66 0.68% 4.63% $390 038 684 495 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.6% 78 $1 374.40 1.37% 2.72% $168 598 361 729 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $1.000121 -0.01% 0.01% $68 220 841 049 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 82.8% 21 $296.73 0.69% 4.71% $47 874 262 742 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $0.999979 0% 0% $46 433 140 192 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 61.6% 85 $0.495963 4.48% 12.27% $24 728 013 610 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 91.2% 1 $1.000423 0.08% 0.06% $21 051 132 248 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 74.8% 42 $0.435548 0.53% 0.07% $14 921 259 274 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 86.8% 21 $34.35 0.55% 2.13% $12 202 401 025 SOL 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 83.2% 21 $0.065040 0.21% 7.22% $8 628 855 287 DOGE 7 days price change
12 Polygon (MATIC) MATIC Polygon predictions 72% 56 $0.849285 1.08% 13.76% $7 417 926 072 MATIC 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 70% 59 $6.51 0.99% 1.37% $7 310 822 407 DOT 7 days price change
14 Dai (DAI) DAI Dai predictions 94.4% 1 $1.000258 0.05% 0.05% $6 791 926 054 DAI 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 91.2% 5 $0.062654 0.54% 4.96% $6 370 364 994 WTRX 7 days price change

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