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Synthetix has become the third-largest protocol in crypto by trading fees consumed, and investors seem to have noticed.

Bitcoin price formed a base above the USD 18,000 level and started a recovery wave above the USD 20,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 20,800, and is facing a major hurdle at USD 21,200. BTC is up 6% in a day and down 22% in a week.

Data from Coinglass suggests that speculators have a bearish outlook on SNX.

The native token of Synthetix Network, SNX has turned out to be the day's biggest gainer. The Synthetix token's price has jumped by a whopping 100% in the last 24 hours.

L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens.

After the launch of Bancor 3, over 100 pools are currently live on Bancor 3 including AAVE, BAT, ENJ, MATIC, SNX, USDC, wNXM, WOO and YFI. This is in addition to the 4 tokens “initially launched, ETH, DAI, LINK, BNT.

Over the last year, popular cryptocurrencies like Bitcoin have seen both steep spikes and large declines. The world of cryptocurrency has also seen a rise [.

xSynthetix (SNX) Price Prediction – May 30There have been lowering-highs-and-lows operations in the SNX/USD market for a long time. The SNX price is in a [.

Synthetix Price Prediction – May 29 The Synthetix price prediction shows that SNX is beginning to restart the uptrend after trading below the moving averages. [...]

Bancor Network, the first AMM-enabled DeFi protocol, announced its latest upgrade, Bancor 3 is going live with support from top crypto partners. The decentralized finance (DeFi) liquidity protocol aims to boost DeFi projects and the ecosystem, empowering token projects and their holders to drive healthy on-chain liquidity in their native tokens.