What is Synapse?

Synapse (SYN) is an altcoin currently ranked 440th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.0461, Synapse carries a market capitalization of $9.08M. Daily trading volume across exchanges sits at roughly $4.14M. That works out to a 24-hour turnover of about 45.60% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.

Price action across timeframes

Over the past 24 hours, Synapse has moved -11.13%; over the past week, Synapse has moved -10.90%.

Cycle position

Synapse is currently trading far below its all-time high (all-time high of $4.87, -99.1% from peak). .

Supply & dilution

The circulating supply stands at 213,670,252 SYN. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Synapse in the Extreme-volatility bucket. The asset is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.

How to evaluate Synapse

A balanced read on SYN typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is SYN performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Synapse (SYN) is a decentralized liquidity protocol that aims to connect various blockchain ecosystems by enabling cross-chain asset swaps and liquidity provision. It facilitates efficient and secure transactions while promoting user participation in network governance. Source: CoinPaprika.com