Synthetix Network SNX Token Price Prediction 2025

As Bitcoin approaches the 110,000 US dollar mark and the Web3 technological breakthroughs in the ecosystem have brought decentralized finance (DeFi) back into the market spotlight. As the leader in synthetic asset protocols, Synthetix Network (SNX) has become a focal point for investors due to its unique derivatives trading model. This article combines various forecasts and market dynamics to provide an in-depth analysis of SNX’s future price trend.

Long and Short Game: SNX Price Prediction Overview

Current SNX price Hovering around $0.596 (as of June 30, 2025), down over 95% from the historical high of $28.77, but still up 400% from the initial issuance price. Different institutions have significant disagreements about its future trend:

• Optimists: Cryptopolitan predicts that SNX will reach $4.91 - $5.83 in 2025, and could hit $37.72 by 2030, representing a potential increase of over 4,600% from the current price. VanEck’s 2025 prediction further indicates that if the DeFi ecosystem explodes, SNX could surpass $18.
• Conservatives: Some models show an average price of only $1.31 in 2025, slowly rising to $5.47 in 2031, emphasizing the need to rely on long-term ecological development.
• Technical analysis: In the short term, it is necessary to break through the resistance level of 0.918 USD. If successful, it may trigger a rise to 3 USD; if it falls below the support of 0.6 USD, the risk of a drop to 0.5 USD increases.

Core Drivers: Why SNX May Rise?

1. Expansion of the Synthetic Asset Sector: Synthetix allows users to generate synthetic stocks, commodities, and cryptocurrencies by collateralizing SNX, without the need to actually hold the underlying assets. As the trend of tokenizing RWA (Real World Assets) accelerates, the demand for its protocol is expected to surge. Currently, the on-chain securities value has surpassed $12 billion, and it is expected to exceed $50 billion by 2025, creating significant space for SNX.
2. Technical Upgrades and Layer 2 Support: Integration Optimism After the expansion plans, transaction costs will decrease by 90%, and user experience will significantly improve. By 2025, Ethereum L2 solutions are expected to exceed 2,000, with ZK proof technology accounting for over 50%, further enhancing Synthetix’s cross-chain efficiency and security.
3. Macroeconomic policies and market sentiment: The recovery of China-U.S. economic and trade relations and the Chinese central bank’s “double reduction” (reducing reserve requirements + cutting interest rates) will release trillions in liquidity, driving up risk appetite in the cryptocurrency market. The FOMO sentiment from Bitcoin breaking $100,000 will spill over, significantly benefiting DeFi blue-chip tokens like SNX.

Risk Warning: Challenges That Cannot Be Ignored

• Stablecoin Decoupling Risk: Synthetix’s stablecoin sUSD recently dropped to $0.915, receiving a rating of “F” from rating agencies, raising questions about the stability of its collateralization mechanism.
• Competition is heating up: On-chain derivatives protocols like dYdX and GMX are siphoning users, SNX needs to accelerate iteration to maintain its share.
• Regulatory uncertainty: The stance of the US SEC on synthetic assets may affect the compliance of the protocol.

Conclusion: Ecological Progress Determines Long-term Value

Overall, the trend of SNX in 2025 will show a “high at the front and stable at the back”: in the first half of the year, driven by Bitcoin ETF fund inflows and the increase in L2 adoption rate, it may test above 1 dollar; in the second half of the year, attention should be paid to the stability recovery of sUSD and the progress of V3 protocol upgrade. If the roadmap can be fulfilled, then 2 dollars is not out of reach.

In the short term, it is possible to buy on dips, but for long-term holding, it is necessary to anchor on three key indicators: trading volume of synthetic assets, collateralization ratio, and the strength of the peg to stablecoins. In the wave of compliance and technological integration in Decentralized Finance, SNX remains a core bet in the highly elastic track.