Synthetix Price Prediction: SNX Up 20% in 24H, Is A Push Above $2 Coming Today?

The price of SNX has gone up by 20% in the past 24 hours as the project’s $1 million trading competition kicked off ￰0￱ the upcoming launch of its perpetual futures trading platform, the start of this event favors a bullish Synthetix price ￰1￱ late September, Synthetix launched this marketing effort to attract users to its decentralized perps trading ￰2￱ Trading Competition on Ethereum Mainnet launches October 20. $1,000,000 top prize 100 traders The first perp DEX on Ethereum Mainnet Let's go! ￰3￱ — Synthetix (@synthetix_io) October 2, 2025 A total of 100 traders will compete for the glory and a grand prize of $1 ￰4￱ will announce the winner in ￰5￱ SNX token has been performing positively ahead of the launch of this ￰6￱ the past 30 days alone, the token has jumped by 143% as the community is excited by the launch of Synthetix’s DEX.

Meanwhile, in the past 24 hours alone, trading volumes have exploded by 269% to $398 ￰7￱ figure accounts for 70% of the token’s circulating market ￰8￱ Price Prediction: SNX Bounced Off $1.3 with Strong Volumes The daily chart shows that SNX encountered selling pressure recently as it hit $2.4. However, a strong demand zone oppped up at $1.3, as this price area acted as a cushion during the latest pullback. Now, a move to $2 seems inevitable, and today’s strong volumes confirm a bounce off this ￰9￱ could set in motion a move to much higher ground over the coming ￰10￱ this DEX satisfies traders’ expectations, the platform could compete with long-standing players in the market like Hyperliquid and the recently launched ￰11￱ favors a bullish outlook that could end up pushing SNX above the $3 ￰12￱ token could even reach $6 if bullish momentum keeps ￰13￱ Synthetix, a new c rypto futures trading platform called Coin Futures is making it easier for newcomers to bet on where the price of their favorite cryptocurrencies will go in the ￰14￱ 1000X Leverage and Top Auto-Trading Features with CoinFutures CoinFutures makes things simple by launching a user-friendly futures trading platform that lets you open long and short positions on your favorite tokens with just a few ￰15￱ register with an email and username to ￰16￱ making your first deposit, you can start placing trades on top tokens like Bitcoin (BTC) and Ethereum (ETH).

Simply click on “Up” and “Down” depending on which direction you think the price is ￰17￱ choose the amount you want to trade, and select how much leverage you want to ￰18￱ just $10, CoinFutures lets you boost your position to up to $10,000. You can use the platform’s auto-trading tools to set your ideal entry and exit prices for each trade and cash out automatically if you hit those ￰19￱ register on CoinFutures, simply head to the official CoinFutures website and hit the “Register” ￰20￱ can make your first deposit with cryptos like USDT or ETH, or use a bank card instead to fund your ￰21￱ on CoinFutures here