Synapse (SYN), a noteworthy player in the cryptocurrency market, is currently in the limelight due to positive trading influences. Recently experiencing a significant
40% price surge following the futures listing on Binance, Synapse has found itself amongst the best crypto bridges for cross-chain in 2024. It is also featured in the top newest cryptocurrencies of August 2024 along with JetBolt, Notcoin, Pendle, Toncoin, and dYdX. Furthermore, Synapse has pioneered zero knowledge and Layer Zero integration with its $SNP token migration. However, the price took a hit when Nima Capital dumped 9 million SNY tokens, fuelling speculations of a possible rug pull. Despite this setback, Synapse managed to bounce back with a 17% boost in response to the selling pressure. Price predictions suggest a promising future. In another positive development, a potential $8M hack was prevented by the Synapse Bridge. Additionally, there was a significant upturn as Synapse Network began migrating to zkSync. Synapse also emerged as a favoured option for transferring tokens from Ethereum to Avalanche. The recent listing of Synapse on Coinbase alongside Aloz Network, Golem, and Highstreet reinforced its rising prominence in the market. Thus, current market dynamics and developments bode well for Synapse’s future.
Synapse Coin News Analytics from Mon, 05 Feb 2018 15:43:40 GMT to Mon, 02 Sep 2024 07:00:00 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor -3
