Synapse Price (SYN)

Synapse Price (SYN)

Currency:
SYN to USD:
1 Synapse equals $ 0.801372 USD+8.45%1D
Page last updated: 2024-12-12 12:42 (UTC+0)
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Price of SYN today

The live price of Synapse is $ 0.801372 per (SYN / USD) with a current market cap of $ 158.61M USD. 24-hour trading volume is $ 16.02M USD. SYN to USD price is updated in real-time. Synapse is +8.45% in the last 24 hours with a circulating supply of 197.93M.
SYN Price History USD
Date ComparisonAmount Change% Change
Today$ 0.062431+8.45%
30 Days$ 0.220178+37.88%
60 Days$ 0.301931+60.45%
90 Days$ 0.28777+56.03%

SYN Market Information

24h Low & High
Low: $ 0.730211
High: $ 0.806326
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 5.014042
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+3.3%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+8.45%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-9.13%
The percentage change in price for this asset compared to 7 days ago.

SYN Market Information

Popularity
#385
Popularity is based on the relative market cap of assets.
Market Cap
$ 158.61M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 16.02M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
197.93M
79.17%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
250.00M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 200.34M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2021-08-30

What Can You Do With Synapse (SYN)?

Explore how to use your crypto assets with Binance.

About Synapse (SYN)

The Synapse Network’s decentralized ecosystem exists on the Ethereum Network. Synapse began by developing a launchpad on which crypto projects could get a start and entryway to potential investors and build their holder communities.

Michael Domarecki and Pawel Laskarzewski, both serial entrepreneurs with a vast array of experience between them, co-founded synapse. The network focuses on assisting projects and start-ups and hosts a wide range of other DeFi tools that platform users can implement for investment opportunities within the digital space. The cross-chain capability ensured by the Synapse protocol assists in powering asset swaps and cross-chain lending within the Synapse platform capabilities. To date, Binance, Ethereum, Polygon, and Avalanche have been networks interconnected for noticeably low fees through the Synapse Network protocol.

The Synapse cryptocurrency is native to the network and is used to power operations within the Synapse platform as payment for gas. The Synapse network token is also used in the governance of the Synapse DAO, and as an incentivization to engage in financial protocols on the platform and cross-chain bridge. Synapse is known by its token ticker $SYN. The current price of Synapse crypto price is updated and available in real-time on Binance.

People Also Ask: Other Questions About Synapse

  1. What is SYN Used For?

    SYN is a governance token used to vote on decisions within the Synapse network that affect the protocol. SYN is also used to pay for transactions implemented in the Synapse network and a token that is rewarded to holders who stake in the protocol strategies available and in network consensus to keep the Synapse network secure.

  2. How Does Network Consensus And Validation Work On Synapse?

    Synapse uses a cross-chain multi-party computation system in which validators are integrated to keep the network efficient and secure. While Synapse did announce that it is building its independent blockchain, the protocol works with a system to keep itself secure.

    In the cross-chain multi-party computation (MPC) system, validators independently validate transactions until ⅔ of the total agree. Once that happens, the consensus is achieved, and the new block is created and entered into the ledger network.

  3. Who is the Founder of Synapse?

    Synapse was co-founded in 2021 by serial entrepreneurs and tech professionals Michael Domarecki and Pawel Laskarzewski. The company is based in Islington, London, and the cryptocurrency project is a decentralized autonomous organization (DAO) that is community-led and directed. Decisions are made officially through a vote which is given to the community of holders.

  4. What is the Maximum Token Supply of SYN?

    The maximum token supply of Synapse token (SYN) is 250,000,000. The circulating supply at the time of writing is 139,773,376 SYN tokens.

  5. What Makes Synapse Different From Others?

    In July 2022, Synapse announced plans to develop its blockchain. Until this time, Synapse has existed as a cross-chain protocol, allowing for the seamless implementation of DeFi and lending protocols. The protocol has worked to connect and interoperate between various layer-1 and layer-2 blockchain ecosystems.

    On the Synapse website, the company shares that it has assisted over 100 projects to successfully launch their decentralized projects using the launchpad or other available Synapse services. Synapse also publishes that it has helped companies and blockchain-based businesses raise over $15 million in capital and has helped connect companies with various investors.

  6. Is Synapse (SYN) Available On Binance?

    Synapse (SYN) is unavailable for purchase on the Binance exchange. While it is not actively listed, the live Synapse crypto price is updated in real-time on Binance. Additionally, SYN coin price and purchase information are available for users to read in the How to Buy Synapse (SYN) guide.

SYN to Local Currency

FiatPriceOperation
1 SYN to USD$ 0.801372
1 SYN to TRY$ 0.801372
1 SYN to RUB$ 0.801372
1 SYN to EUR$ 0.801372
1 SYN to AED$ 0.801372
1 SYN to AUD$ 0.801372
1 SYN to BRL$ 0.801372
1 SYN to VND$ 0.801372
1 SYN to IDR$ 0.801372
Last updated 2024/12/12 12:42 (UTC)

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