Synthetix (SNX) price analysis should be framed as scenarios, not a fixed forecast. Data snapshot date: May 14, 2026. Current price is $0.3262, market cap is $112.38M, and the 30-day move is +11.82%. This report uses market data, ATH distance, volume quality, and TokenRadar metrics to define what would strengthen or weaken the setup.
| Metric | Value |
|---|---|
| Price | $0.3262 |
| Market Cap | $112.38M |
| 24h Change | -7.23% |
| Market Rank | #278 |
| 24h Volume | $10.80M |
| ATH Distance | -98.86% |
Current Price Setup
Synthetix trades at $0.3262 with a market cap of $112.38M and 24h volume of $10.80M. The latest ranked market snapshot places SNX at #278 by market capitalization. The token is -98.86% from its all-time high of $28.53, recorded on February 14, 2021. Its all-time low is $0.0348, recorded on January 6, 2019, while the 30-day move is +11.82%. Circulating supply is 344,516,234.46, total supply is 344,939,867.56, and max supply is 344,939,867. Synthetix has a recorded genesis date of March 11, 2018. Current 24h range runs from $0.3229 to $0.3565, while 24h change is -7.23%. That short-term move should be compared with 7-day performance of -2.53% and 30-day performance of +11.82% before drawing conclusions.
Scenario Framework
The constructive scenario for SNX requires improving volume, stable or rising market rank, and price action that holds above recent weak sessions. The neutral scenario is range-bound trading where market cap and volume do not confirm a strong trend. The downside scenario is a breakdown in liquidity, a weaker category backdrop, or renewed movement toward the all-time low of $0.0348 from January 6, 2019.
Risk and Volatility Inputs
TokenRadar currently assigns Synthetix a risk score of 7/10, a growth potential index of 70/100, narrative strength of 95/100, and a volatility index of 50/100. The computed risk level is high. Synthetix is a high-risk, high growth potential, strong narrative, near ATH token.
Volatility matters because a percentage move can look attractive while still being unsupported by liquidity. The current volume-to-market-cap ratio is 9.61%, and the ATH drawdown is -98.86% from $28.53. Those two data points help frame whether the market is liquid enough and whether the price is recovering from a deep historical decline.
Market Cap and Supply Pressure
Synthetix has market cap of $112.38M and FDV of $112.52M. Circulating supply is 344,516,234.46, total supply is 344,939,867.56, and max supply is 344,939,867. If FDV is much larger than market cap, future supply can matter as much as chart momentum. If max supply is fixed, the analysis should still check circulating supply and unlock schedules.
What Would Improve the Outlook
The outlook would improve if SNX shows stronger volume than its recent baseline, improving 7-day and 30-day trend alignment, clearer project execution, and no major negative security or governance events. A move supported by volume is generally more useful than a price spike with weak turnover.
What Would Weaken the Outlook
The outlook would weaken if price rises while volume falls, if market rank deteriorates, if liquidity becomes fragmented, or if supply data changes without clear disclosure. For high-risk tokens, a positive 24h move can still be a weak signal when the broader trend, ATH distance, and volume ratio do not confirm it.
FAQ
Can Synthetix price be predicted exactly?
No. This article uses scenarios and invalidation points rather than exact price targets because crypto markets are volatile and liquidity can change quickly.
What is the current SNX price?
The latest local data snapshot shows SNX at $0.3262 with a 24h move of -7.23%.
What would make the SNX setup stronger?
Improving volume, stable market rank, stronger 30-day trend, and credible project catalysts would make the setup cleaner.
What is the main risk in this analysis?
The main risk is treating a short-term price move as confirmation without checking liquidity, supply, volatility, and project-specific events.
Continue Research
Use this SNX scenario analysis together with the live Synthetix overview and the buying checklist. A forecast is more useful when it is tied to market cap, liquidity, risk score, custody planning, and current execution costs. If the setup depends on future supply, review FDV and dilution; if it depends on trade execution, review liquidity depth before treating the scenario as actionable research.
For SNX research, the important control is consistency between the live market snapshot and the longer historical record. A single 24h move can be noisy, while market cap rank, 30-day performance, all-time high distance, supply structure, and volume-to-cap ratio create a more durable comparison set. This is why the article separates market data from decision rules and keeps the conclusion conditional.
Synthetix also needs category-aware interpretation. A Decentralized Exchange (DEX) token with high liquidity can behave very differently from a low-volume asset with the same percentage move. The practical question is whether volume, spread quality, supply data, and catalyst evidence confirm the move or contradict it.
The safest way to use this price prediction article is as a checklist. Confirm the latest price, check the current rank, compare 24h volume with market cap, review the ATH and ATL dates, and look for any project-specific changes before treating the data as current enough for research.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR).