$SYN is the native token of the Synapse protocol, a cross-chain interoperability and DeFi platform that lets users transfer assets, data, and smart-contract calls seamlessly across different blockchains. The goal is to bridge fragmented networks — including Ethereum, BNB Chain, Polygon, Avalanche, and more — so assets move securely and efficiently without relying on centralized intermediaries.
Synapse also includes a cross-chain AMM, lending and bridging products, and is building a Synapse Chain, an Ethereum-based optimistic rollup designed to host cross-chain applications natively.
📊 Price & Market Snapshot
Here’s where SYN stands as of early January 2026:
Price: $0.05 USD (₹4.6)—recent price range.
Market Cap: ~$10–12 M USD.
Circulating Supply: ~186–219 M SYN.
Max Supply: 250 M SYN.
All-Time High: ~$4.9 (Oct 2021, down ~99 % from the peak).
Current prices show much lower levels than historical highs, reflecting both broad crypto market trends and Synapse’s specific challenges (like reduced exchange listings).
🔧 What SYN Is Used For
SYN has several key uses within the Synapse ecosystem:
🗳️ Governance: Token holders can help vote on protocol changes and future upgrades.
💰 Network Participation: Used in rewarding liquidity providers supporting the cross-chain pools.
🧠 Summary
SYN (Synapse) is a cross-chain interoperability and DeFi token powering a bridge and messaging protocol that connects many major blockchain ecosystems. It offers governance, liquidity incentives, and a developing ecosystem for future cross-chain dApps. Price today is lower than past peaks, and the token faces volatility and liquidity headwinds, but the underlying cross-chain utility and upcoming Synapse Chain could support long-term relevance if adoption grows.
$REQ $S #SYN #synusdt #SYN/USDT