Synthetix, a prominent cryptocurrency, has recently been the subject of market analysis due to its current financial metrics and historical performance. As of November 20, 2025, Synthetix’s close price stood at $0.583664, reflecting a notable position within the cryptocurrency market. This price point is significant when compared to its 52-week high of $3.62443, recorded on December 7, 2024, and its 52-week low of $0.482438, observed on June 21, 2025. These figures illustrate the volatility and dynamic nature of Synthetix’s market performance over the past year.
The market capitalization of Synthetix, as of the latest data, is approximately $193,235,974.51. This valuation underscores the cryptocurrency’s substantial presence in the market, despite fluctuations in its price. The market cap is a critical indicator of the overall market value of Synthetix, reflecting investor sentiment and the asset’s relative stability or volatility.
Synthetix operates within the broader cryptocurrency ecosystem, where it is recognized for its unique functionalities and applications. As a decentralized finance (DeFi) platform, Synthetix enables users to create and trade synthetic assets, which are algorithmically linked to real-world assets. This capability positions Synthetix as a versatile tool for traders and investors seeking exposure to various asset classes without the need for direct ownership.
The recent price movements and market cap of Synthetix highlight the ongoing interest and investment in decentralized finance solutions. Investors and market analysts closely monitor these metrics to gauge the health and potential growth of cryptocurrencies like Synthetix. The historical price data, including the 52-week high and low, provides context for understanding the asset’s performance trajectory and potential future trends.
In summary, Synthetix remains a significant player in the cryptocurrency market, characterized by its innovative DeFi platform and the ability to offer synthetic assets. Its current market cap and price reflect both the challenges and opportunities within the volatile cryptocurrency landscape. As the market continues to evolve, Synthetix’s role and performance will likely remain a focal point for investors and analysts alike.
