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This surge reflects a substantial increase over the past 24 hours, indicating growing interest and activity in the Synapse protocol.

Synapse is a cross-chain decentralized exchange (DEX) that facilitates transactions between Layer 1, sidechain, and Layer 2 ecosystems. The protocol enhances interoperability between blockchains through its asset bridge, token swap, liquidity pools, and staking opportunities. The SYN token serves as the platform’s governance token, allowing holders to participate in decision-making processes and pay for transactions within the network.