
In a series of significant announcements, cryptocurrency Synapse (SYN) is making waves across the digital currency market. A partnership between Cathedra Bitcoin and Synota has revolutionized mining hosted payments.
Meanwhile, futures exchange SynFutures has decentralized its operations under a new foundation and governance token. The platform’s derivative offerings continue to expand through initiatives like the F Token airdrop.
Trading platform Binance’s listing of SYN on its futures platform led to a 40% boost in the price of the coin. Furthermore, Synapse has shown resistance to market selling pressure, managing a 17% bounce back.
New funding rounds, an investment by Pantera, Susquehanna, and HashKey, and a $2.8M startup fund from Initialized and Polygon, have added to SYN’s market strength. High-profile partnerships, like that with OKEx Blockdream Ventures for SYN CITY, a Mafia metaverse, demonstrate Synapse's commitment to expanding its ecosystem.
Innovation in on-chain finance is a priority for Synapse, as evidenced by their integration of AI and spot trading to enhance financial infrastructure.
The community's reaction to Nima Capital going dark after off-loading 9M SYN shows their commitment to transparency. And with the unveiling of their 2025 roadmap, SynFutures sets a vision towards building a full-stack on-chain financial infrastructure.
SYN Coin News Analytics from Tue, 08 Dec 2020 17:05:15 GMT to Fri, 28 Feb 2025 10:29:52 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor 3