$SYN is the native governance and utility token of the Synapse Protocol, a cross-chain interoperability network that enables secure asset transfers, data communication, and application messaging across multiple blockchains. It tackles blockchain fragmentation by providing a bridge and messaging layer so dApps can move tokens and call smart contracts across chains seamlessly.
📈 Price & Market Snapshot
Here’s where SYN stands recently (early 2026):
Price: ~$0.05 USD per SYN.
Circulating Supply: ~≈185–219 M SYN.
Max Supply: 250 M.
All-Time High: ~$4.92 (Oct 2021) — now far below peak.
Market Cap: Around $10–$12 M USD.
The token is trading well below its historical high, typical for interoperability and mid-cap DeFi infrastructure assets in a cautious market.
🔧 What SYN Is Used For
SYN plays several roles across the Synapse ecosystem:
🗳️ Governance
Holders vote on protocol changes, upgrades, and ecosystem direction via the Synapse DAO.
💱 Utility & Fees
In many implementations, SYN can be used to pay fees including for transactions and cross-chain services, though user behavior varies by chain and interface.
🤝 Incentives & Rewards
Tokens are used to reward liquidity providers and encourage participation in cross-chain pools and bridges.
🧠 Summary
SYN (Synapse) is the governance and utility token that underpins the Synapse Protocol — a cross-chain interoperability layer and bridge that helps move assets and smart contract interactions between many blockchains seamlessly. Its value today reflects its infrastructure role and DeFi utility, though its price stays far below past highs and remains sensitive to market sentiment and liquidity conditions.
$TAO $U #SYN #SYN/USDT #SYN: