Frax (FXS) Overview

Frax, previously known as FXS, is a cryptocurrency that has been making headlines in the digital asset space. As of June 3, 2025, the close price of Frax stands at $2.95212. This price point reflects a significant recovery from its 52-week low of $1.3572, recorded on March 9, 2025. The cryptocurrency reached its 52-week high of $5.21892 on June 6, 2024, showcasing its volatility and potential for growth.

Market Performance

Frax’s market capitalization is currently valued at approximately $267,442,837.19. This valuation indicates a moderate presence in the cryptocurrency market, positioning Frax as a noteworthy asset among investors and traders. The fluctuations in its price over the past year highlight the dynamic nature of the crypto market and the factors influencing Frax’s performance.

Investor Insights

Investors in Frax have experienced a range of market conditions, from the highs of mid-2024 to the lows earlier this year. The recovery to its current price suggests a renewed interest and confidence in the asset. As with any cryptocurrency, potential investors should consider the inherent risks and conduct thorough research before making investment decisions.

Conclusion

Frax continues to be a significant player in the cryptocurrency market, with its price movements and market cap reflecting its ongoing relevance. As the market evolves, Frax’s performance will likely remain a point of interest for both seasoned investors and newcomers to the crypto space.