Synapse (SYN) is used as the operational token for the Synapse protocol, which enables cross-chain interconnection and exchange. In September 2024, the coin is priced at around $0.49, with minor fluctuations in the last day, and a 24.85% increase in value over the past week. Currently, the token’s market cap is $89.59 million.
The Synapse price is expected to see a future rise as the protocol develops and becomes more widely adopted. By the end of 2024, the price is expected to reach around $0.76, with the potential to reach $1.62 in the coming years if the current growth continues.
Despite the recent improvement in performance, traders are advised to be cautious of short-term corrections that may occur in the coming weeks.
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