Technical analysis by asilturk about Symbol SNX on 7/20/2025

asilturk

Synthetix, the synthetic asset protocol, which allows real world assets to purchase and sell on blockzincir, the purpose of giving basic information is for those who think that they are worthless and meaningless to those who look at the gambling mentality in the community. The companies in question have a serious market value, so it would be unfair not to take a alt Coini seriously with a transaction volume of $ 18m as of the moment. SNXUSDT (Synthetix Network) The market dominance value with a market value of 259m is 0.0066 %in circulation (share in the actual circulation) 343.47m maximum 339.89million units and a total of 343.89m in total. Used as collateral: Users can print synthetic assets (SUSD, Seth, SBTC, STSLA, etc.) in return by staking. Staked SNX provides revenue from transaction fees. As for their projects, Susd, SEUR, such as Fiat Representatives, Seth, Seth, such as crypto representations, SAAPL, such as stock synthetics and IETH, IBTC, such as short (invers) versions, etc. Protocols such as Curve, 1inch, Dhedge, Lyra Finance work integrated with SNX and synths. Personally, it is one of the parts that concern me the most ... But when it comes to other differences, synthetic assets represent decentralized token production representing non-centered purchase-sale-selling systems without the need for a spot assistance, 400%stability is achieved with the necessity of 400%... Layer 2 (Optimism) increases the transaction fees ... It is taken with, decentralization is maintained ... In summary, the main part that concerns us is BTC. It is useful to be cautious .... I do not specify the price target because it would be ridiculous to specify a target that can be realized with volume, but I believe that it is at investment levels. I wish you a good time ...