#2024WithBinance Supply Metrics

Understanding the supply metrics of Synapse (SYN) is essential when considering the possibility of it reaching $80 by 2024. With a circulating supply of around 190.1 million SYN, Synapse operates within the cryptocurrency economy. Its total supply is only around 185 million SYN, suggesting that most of the tokens are already in circulation. This is encouraging as it suggests limited availability, which could drive the value higher if demand increases sharply. Furthermore, the maximum supply is capped at 250 million SYN, ensuring long-term scarcity. Given this fixed supply, if Synapse’s technological advancements encourage widespread adoption, the $80 target could be within reach soon.