Latest Synapse (SYN) Price Analysis

Deep Dive

1. Delisting Hangover (Bearish Impact)

Overview: SYN’s price never fully recovered after Coinbase announced its delisting on June 26, 2025, citing compliance with updated token standards. While the event occurred months ago, reduced liquidity and exchange accessibility continue to deter new buyers.

What this means: Delistings erode investor confidence and institutional interest, often creating long-term overhead resistance. SYN’s 24h trading volume of $11M (5.3x average) suggests panic selling, not accumulation.

What to watch: Any updates on relisting prospects or partnerships to improve exchange accessibility.

2. Technical Breakdown (Bearish Momentum)

Overview: SYN trades 2.7% below its 7-day SMA ($0.05888) and 12.2% below the 30-day SMA ($0.065097). The RSI-7 at 37.83 shows oversold conditions but lacks bullish divergence.

What this means: Weak momentum is confirmed by the MACD histogram’s near-flatline reading (+0.00025). Until SYN reclaims $0.06 (the 23.6% Fib level), downside risks dominate.

3. Altcoin Aversion (Mixed Impact)

Overview: Bitcoin’s dominance rose to 58.67% as the Fear & Greed Index (25/100) fuels defensive positioning. SYN’s 90-day correlation with BTC strengthened to 0.84, amplifying its sensitivity to market-wide selloffs.

What this means: While SYN’s Filecoin Onchain Cloud integration (Filecoin) offers long-term utility, development updates are being overshadowed by macro risk aversion.

Conclusion

SYN’s drop reflects a mix of post-delisting illiquidity, unfavorable technicals, and sector-wide caution. While oversold conditions could spark a bounce, sustained recovery likely requires either a market sentiment shift or concrete progress toward regaining exchange support.

Key watch: Can SYN hold the $0.0543 swing low from November 2025, or will breaking this level trigger another leg down?

Deep Dive

1. Filecoin Partnership Momentum (Bullish Impact)

Overview:
Synapse’s SDK was integrated into Filecoin Onchain Cloud (Filecoin), a decentralized cloud infrastructure platform launching in January 2026. The SDK enables programmable payments and storage logic, positioning SYN as critical middleware for Web3 developers.

What this means:
The partnership validates Synapse’s cross-chain utility, attracting developers building on Filecoin’s ecosystem. With Filecoin targeting AI/data storage demand, SYN could see increased transactional use cases. However, the mainnet launch is months away, limiting immediate revenue impact.

What to look out for:
Filecoin Onchain Cloud’s mainnet adoption metrics post-January 2026 and SDK usage growth.

2. Technical Bounce from Oversold Levels (Mixed Impact)

Overview:
SYN’s RSI(14) rebounded from 24.12 (deep oversold) to 32.09, while the MACD histogram turned positive for the first time in three weeks. Price reclaimed the $0.0566 pivot point but remains below the 200-day EMA ($0.1202).

What this means:
The bounce reflects short-covering and trader bets on oversold reversal, but long-term trends stay bearish. Resistance at $0.0694 (30-day EMA) and $0.0773 (23.6% Fib) could cap gains. Sustained volume above $3M/day is needed to confirm momentum.

Conclusion

SYN’s 24h gain stems from project-specific catalysts (Filecoin integration) and technical factors, but macro headwinds persist—Bitcoin dominance at 58.99% and “Extreme Fear” sentiment (index: 16) favor caution. Key watch: Can SYN hold above $0.0566 pivot amid thinning liquidity post-October exchange delistings?