Ethereum is a leading blockchain platform that enables smart contracts and decentralized applications (dApps). It serves as the foundation for many DeFi protocols, allowing users to trade, lend, and earn yield without intermediaries. However, Ethereum’s high fees and slow transactions have led to the rise of scaling solutions like Optimism.
Optimism is a Layer 2 protocol that enhances Ethereum’s efficiency by reducing costs and increasing transaction speed. Many DeFi projects leverage Optimism’s benefits, including Synthetix, a protocol for synthetic assets and derivatives. In this article, we’ll take a closer look at Synthetix and attempt to forecast its future price.
What Is Synthetix (SNX)?
Synthetix is a decentralized liquidity provisioning protocol built on Optimism and Ethereum. It allows other protocols to tap into its liquidity for various financial applications, including spot and futures trading, options, and atomic swaps. Platforms like Kwenta, Lyra, Polynomial, and Curve integrate Synthetix for their liquidity needs.
The protocol enables the creation of synthetic assets (Synths), which track real-world asset prices without requiring users to hold the actual asset. Synthetix is backed by collateral in SNX, ETH, and LUSD, allowing it to support a range of financial instruments.
Synthetix is working on developments like Perps V2, which aims to lower fees for on-chain futures trading using off-chain oracles, and Synthetix V3, which seeks to transition the platform into a fully permissionless derivatives protocol.
The project also explores expanding into non-blockchain assets, potentially bridging decentralized and traditional finance. While it provides deep liquidity and financial tools, its success depends on adoption, regulatory factors, and competition within the DeFi space.
Synthetix (SNX) Price Prediction for 2025, 2027, 2030, 2035, 2040
As of March 25, 2025, Synthetix (SNX) is priced at $0.91 with a market cap of $309.59 million, ranking slightly above 150th on CoinMarketCap.
Below are SNX price predictions for 2024, 2025, 2027, 2030, 2035, and 2040, based on a combination of fundamental and technical analysis. A detailed breakdown of the methods and factors behind these forecasts is provided further down.
| Year | Price Prediction | ROI of your investment (if you buy the coin now) |
| 2025 | $2.7 | 196.70% |
| 2027 | $1.3 | 42.86% |
| 2030 | $27 | 2,867.03% |
| 2035 | $36 | 3,856.04% |
| 2040 | $63 | 6,823.08% |
2025
In 2025, the crypto market is set to grow due to several key factors. More companies and financial institutions are investing in Bitcoin and other digital assets, while clearer regulations in major markets are boosting investor confidence. Advances in blockchain technology are improving scalability and real-world use. The rise of DeFi continues to drive innovation and demand. Additionally, concerns about inflation and currency devaluation may push more investors toward crypto as a hedge. With increasing mainstream acceptance and technological progress, 2025 could be a big year for crypto expansion. SNX price at the end of 2025 might reach $2.7.
2027
By 2027, the crypto market could face a challenging period. High interest rates, stricter regulations, and reduced speculative investments may slow growth. Market saturation and declining demand could lead to prolonged bearish trends, especially after Bitcoin’s halving. If blockchain projects fail to provide real-world value, investor confidence may weaken, extending the downturn until the next wave of adoption drives recovery. At the end of 2027 SNX price is expected to lower to $1.3.
2030
By 2030, Bitcoin’s halving cycles will likely drive scarcity, pushing BTC prices higher. Institutional adoption, regulatory clarity, and mass crypto integration could reshape markets. With reduced mining rewards, supply shock may trigger a bullish surge, reinforcing Bitcoin’s dominance in finance. We project SNX price to hit $27 by the end of 2030.
2035
By 2035, the crypto market could be deeply integrated into the global economy. Bitcoin’s supply will be even scarcer due to multiple halvings, potentially driving its value higher. Central bank digital currencies (CBDCs) might coexist with decentralized assets, shaping financial systems. Blockchain technology could revolutionize industries like finance, supply chains, and healthcare. Stricter regulations may create a more stable but controlled market, reducing speculation. AI-driven trading and smart contracts could automate financial operations. If mainstream adoption continues, crypto could become a standard part of daily transactions, investment portfolios, and global economic infrastructure. SNX price is projected to become $36 by the end of 2035.
2040
If the project lives long enough SNX price might reach $63 by the end of 2040.
Synthetix (SNX) Price Analysis for the Past Several Years
The table below highlights key price movements in SNX’s history. The right column provides brief insights into the main factors influencing its price.
| Date | Price | Why the price dropped/rose to this level (what influenced the price change) |
| May 20, 2018 | $0.67 | First days on the market were marked by a moderate growth as the Ethereum and Ethereum-based projects were at the center of attention. Just a few days after the launch SNX price rose to $0.67 on May 20, 2018 |
| Jun 15, 2018 | $0.43 | Low trading volumes, early days if the adoption together with the low overall adoption didn’t allow SNT to go higher, the price struggled and on Jun 15, 2018 went down to $0.43. The SNTX couldn’t go higher and remained at this level for more than a year. |
| Nov 25, 2019 | $1.48 | On November 25, 2019, Synthetix (SNX) surged to $1.48 due to growing DeFi adoption, strong staking incentives, protocol upgrades, and market speculation. Increased demand for synthetic assets and anticipation of future improvements contributed to the price rise. For another year the price remained the same until seeing another peak on on 2020. |
| Sep 2, 2020 | $7.12 | Synthetix (SNX) grew in value by September 2, 2020, due to the launch of Synthetix V2, DeFi growth, increased staking rewards, and overall positive market sentiment in the cryptocurrency sector. |
| Feb 14, 2021 | $26.44 | Synthetix (SNX) reached its all-time high of $26.44 on February 14, 2021, due to a combination of factors: explosive growth in the DeFi sector, strong staking rewards, increased liquidity, and broader market bullishness, alongside high demand for synthetic assets. Additionally, the overall cryptocurrency market was experiencing a major rally, which positively impacted SNX’s price. |
| Jun 26, 2021 | $5.8 | Synthetix (SNX) dropped to $5.8 on June 26, 2021, due to a market correction, a slowdown in the DeFi sector, profit-taking by investors, and negative sentiment from broader cryptocurrency market concerns, including regulatory issues. |
| Jun 17, 2022 | $1.74 | Synthetix (SNX) sank to $1.74 on June 17, 2022, due to a broader crypto market downturn, worsened by rising inflation, tightening regulations, and a loss of investor confidence. The DeFi sector also faced declining interest, leading to reduced demand for SNX. |
| Dec 12, 2024 | $3.2 | Synthetix (SNX) rose to $3.2 on December 12, 2024, due to a recovery in the broader cryptocurrency market, renewed interest in DeFi, and improvements to the Synthetix protocol. |
Q&A
Is Synthetix (SNX) a Good Investment?
We do not provide investment advice. Always conduct your own research before making investment decisions.
What Will the Synthetix (SNX) Price Be in 10 Years?
By 2035, SNX’s price might reach $36.
Should You Buy Synthetix (SNX)?
As of March 2025, SNX is trading significantly below its all-time high of $26.44. If you are considering adding this asset to your portfolio, a price below $1 might be considered a good buying opportunity.
Conclusion
While we do not provide investment advice, SNX may be worth considering after conducting your own research. The project has strong fundamentals and continues to play a key role in the DeFi ecosystem as of 2025. The CoinMarketCap community is 84% bullish on SNX.