SNX

Synthetix Network Token Price Today & AI Analysis

SNX
Ethereum·AI Analysis
Analysis as of Apr 21, 2026

$0.2097

-5.28%24h
LiveContract:0xc011a73ee8576fb46f5e1c5751ca3b9fe0af2a6fChain:EthereumHolders:87.3KMarket cap:$121.94MLiquidity:$49.48K

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Ask Unhosted AI about SNX

What's Twitter saying?

Sentiment, KOL mentions, top tweets

Whale activity

Who is accumulating or distributing

What are the risks?

Red flags, security, concentration

Should I buy?

Bull case, bear case, entry / exit

Movement since reportreport from Apr 21, 2026, 04:44 AM UTC
Market Cap

$101.00M

24h Volume

$4.54K

Liquidity

$1.09M

FDV

—

Holders

82.6K

Security

—

24H0 buys
0 sells0 traders

Holder Insights

Live

Total holders

—

24h change

0

Top 10 hold

—

Top acquisition

—

—

AI Executive Summary

Synth sUSD is a synthetic USD stablecoin within the Synthetix ecosystem, enabling decentralized derivatives trading with leverage up to 50x and serving as collateral for various DeFi applications. Currently trading at a discount to its $1 peg with a market cap of $101M, it benefits from utility in a niche but competitive DeFi derivatives sector, though low liquidity and high holder concentration pose challenges. The token's state reflects stable but subdued activity, with minimal price volatility and sparse trading, positioning it as a functional asset in Synthetix rather than a high-growth speculative token.

Figures cited above are from the market snapshot taken when this analysis ran — Apr 21, 2026, 04:44 AM UTC. Live values may differ; the key facts at the top of the page are current.

Risk: high
Sentiment: bullish
Enables synthetic asset creation and trading with diverse collateral options
Integrated rewards for liquidity providers in decentralized perpetuals
Developer tools for building custom DeFi apps on Synthetix infrastructure

Synthetix Network Token AI Price Analysis

Low Confidence
Short-Term24h-7d
Neutral

The token has shown minimal price movement with a slight 0.74% increase over 24 hours, supported by dominant buy pressure at 83.6% but hampered by extremely low trading volume of under $5,000 total. Recent transaction data indicates sparse activity, with no buys or sells in the last 4 hours, suggesting limited momentum for significant shifts. Overall, the price is likely to remain range-bound unless volume picks up.

Medium-Term30d-90d
Neutral

As a synthetic stablecoin tied to Synthetix's derivatives platform, sUSD is designed for stability rather than growth, but its current discount to $1 (trading at $0.71) could see gradual reversion if platform adoption increases. Holder growth over 30 days at 0.13% points to steady interest, though high supply concentration in top holders may suppress volatility. Medium-term performance will hinge on broader DeFi market conditions and Synthetix ecosystem developments.

Bullish Factors
  • +Dominant buy pressure at 83.6% with $3,799 buy volume vs $743 sell volume, indicating positive net inflow
  • +Positive holder growth over 7d (12 holders) and 30d (104 holders), suggesting growing interest
Bearish Factors
  • -High supply concentration with top 10 holders controlling 70%, increasing risk of price manipulation
  • -Discount to peg at $0.71 vs intended $1 value, potentially signaling underlying platform issues

Disclaimer: This AI-generated prediction is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile. Always conduct your own research.

Token Info

ChainEthereum
Contract0xc011...2a6f
Total Supply—
Decimals—

Key Risks

•High supply concentration could lead to sudden price drops if whales sell
•Discount to peg may indicate underlying protocol inefficiencies
•Low trading volume heightens illiquidity during market stress

Trading Insight

bullish

Market sentiment leans bullish due to strong buy pressure at 83.6% and net inflow from higher buy volume, though overall trading activity is minimal, suggesting limited conviction. The imbalance in transactions (4 buys vs 1 sell) indicates selective accumulation, but the lack of activity in recent hours points to low market interest. This could reflect sUSD's role as a stable asset rather than a volatile trading token.

AI-generated insight. Not financial advice.

Frequently Asked Questions

Trend Analysis

Short-Term (7d):
Neutral
Medium-Term (30d):
Neutral

Short-term trend is sideways with 0% changes in 5m, 1h, and 4h periods, reflecting stability typical of a synthetic stablecoin. Medium-term, the 0.74% 24h gain is minor, and without broader chart data, it suggests consolidation around the $0.71 level. This lack of volatility aligns with sUSD's design but limits upside potential.

Momentum

Status:
Neutral

Momentum is neutral given the flat price action and low volume, with no signs of overbought or oversold conditions from the provided data.

Volume Analysis

Buy 83.6%Sell 16.4%

Volume Trend: Decreasing

Volume has trended downward, dropping to zero in the last 4 hours from a low $4,542 in 24h, which is unusually thin for the market cap and could exacerbate price swings on larger trades.

Recent Price Action

Flat consolidation with a minor uptick

This pattern typically indicates equilibrium between buyers and sellers, often preceding a breakout if volume increases, but in low-activity assets, it can persist as range-bound trading.

Key Price Levels

Support
Immediate$0.71
Major$0.70
Resistance
Immediate$0.72
Major$0.73

Immediate support at $0.71 aligns with the current price, while $0.70 represents a psychological floor; resistance at $0.72-0.73 could cap gains without volume surge, significant due to the token's discount to its $1 peg.

Holder Metrics

Total Holders82,644
24h Change-5
Growth Rate-0.0061%

Holder trends show stability with minor fluctuations, as the slight 24h decline is offset by 7d and 30d growth, indicating sustained interest in the Synthetix ecosystem despite low trading activity.

Holder Distribution

Top 10 Holders70%
Top 100 Holders90%
Retail Holders10.0%
Concentration Risk:
Critical

Extreme concentration with top 10 holding 70% and top 100 at 90% poses high risk of price manipulation or dumps, while retail's 10% share suggests limited community-driven resilience.

Whale Activity

Sentiment:
Holding

Minimal changes with only a -5 holder shift in 24h

  • •Sparse activity with only 5 transactions in 24h
  • •Dominant buys from 4 unique addresses

Whale activity indicates holding patterns, as high concentration persists without major sells, potentially stabilizing price but risking volatility if large holders move.

Smart Money Indicators

Confidence:
Low
Profit-Taking Risk:
Low

Early acquisitions lean toward transfers, suggesting long-term holders

Smart money behavior points to utility-focused holding rather than speculation, reducing short-term profit-taking risks but offering little insight into growth potential.

Liquidity Analysis

Total Liquidity$1,085,559.77
Depth:
Moderate
Slippage Risk:
Medium

Liquidity of $1.08M on Uniswap v3 is moderate for the $101M market cap, supporting small trades but risking medium slippage on larger volumes, especially given the low 24h trading activity.

Overall Risk:
High
75/100

Risk Breakdown

Volatility
Low

Minimal price changes (0% in short terms) indicate low volatility, suitable for a stablecoin but atypical at current discount

Liquidity
Medium

Total liquidity of $1.08M supports small trades but low volume increases slippage risk for larger positions

Concentration
High

Top 10 holders control 70%, heightening manipulation and dump risks

Smart Contract
Medium

Security score of 69/100 with verified contract, but derivatives complexity adds exploit potential

Regulatory
Medium

DeFi derivatives face scrutiny, especially with leverage, though decentralized nature mitigates some risks

Key Risks

  • •High supply concentration could lead to sudden price drops if whales sell
  • •Discount to peg may indicate underlying protocol inefficiencies
  • •Low trading volume heightens illiquidity during market stress

Mitigating Factors

  • •Established Synthetix ecosystem provides utility-driven demand
  • •Positive holder growth over 30d suggests building resilience

Investor Suitability

Suitable for DeFi enthusiasts comfortable with Synthetix and seeking stable collateral, not for risk-averse or short-term traders

sUSD offers a compelling case for investors in decentralized derivatives, leveraging Synthetix's infrastructure for stable, utility-driven value. Bullish scenarios depend on DeFi adoption growth, while bearish risks stem from concentration and low activity. Base case anticipates range-bound trading with gradual peg reversion.

Scenario Analysis

Bull Case
Medium

Increased Synthetix adoption drives demand for sUSD, pushing price toward $1 peg

  • +Rising DeFi derivatives volume
  • +Protocol upgrades enhancing efficiency
Base Case

Stable trading around $0.71-0.73 with slow holder growth and minimal volatility

  • •Continued low volume
  • •No major Synthetix catalysts in near term
Bear Case
Medium

Persistent low activity and whale dumps widen the discount, leading to further devaluation

  • -Declining holder growth
  • -Broader DeFi market downturn

Analysis Details

GeneratedApr 21, 2026, 04:44 AM UTC
Data FreshnessReal-time on-chain data
Model Confidence
Medium

Data Snapshot

Price$0.712506218073922226
Market Cap$101.00M
24h Volume$4.5K
Holders82,644
Liquidity$1.09M

Data Sources

On-chain transaction data
Holder distribution analytics
Trading volume metrics
Smart contract analysis

Limitations

  • •Limited to provided data without full historical charts
  • •Assumes data accuracy but cannot verify external factors like off-chain events

How we keep this honest

Every directional call on these pages is recorded before the outcome is known and scored on our public prediction track record. We apply the same standard to others: our audit of 1,581 crypto YouTube predictions found bullish calls did worse than random timing, and our memecoin pump anatomy study measured what chasing a pump actually costs.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a financial advisor before making investment decisions.

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