The price increase of $SYN is mainly due to the following reasons:

- **Market Sentiment**: Overall sentiment in the cryptocurrency market is optimistic, leading to increased speculative buying.

- **Technical Analysis**: $SYN is showing signs of breaking through resistance, sparking more buying.

- **Short Covering**: There are a large number of short positions in $SYN, and high short selling fees may trigger short sellers to cover and push up the price.

- **Volume Increase**: There has been a significant increase in trading volume, showing increased market interest and liquidity in $SYN.

- **Social Media Impact**: Shares of $SYN on social media surged, triggering a FOMO (fear of missing out) effect.