Synternet (SYNT) Price

Synternet Price

0.01USD+0.00 (+0.00 %)
Market Cap
$20.3K
Fully Diluted Valuation
$77.4K
Circulating Supply
655.42M SYNT
26%Max: 2.50B
24h Range
$0.00003096
$0.00003471
All-Time Range
$0.00002838
$0.1017

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
HTXSYNT/USDT0.0161.9944.54698,402.710.04cex158.007/9/2025, 6:23 AM
GateSYNT/USDT0.011,649.275,229.11333,370.270.01cex310.007/9/2025, 6:23 AM
KuCoinSYNT/USDT0.012,964.648,814.15203,989.230.02cex293.007/9/2025, 6:23 AM
XT.COMSYNT/USDT0.0168.7477.70141,606.450.00cex10.007/8/2025, 5:03 AM
MEXCSYNT/USDT0.011,569.713,352.2468,128.270.00cex245.007/9/2025, 6:18 AM
BVOXSYNT/USDT0.013,135.701,446.3521,447.670.00cex156.007/9/2025, 6:18 AM
CoinExSYNT/USDT0.0119.42119.223,319.950.00cex33.007/9/2025, 6:23 AM
TothemoonSYNT/USDT0.01237.29229.101,659.940.01cex123.007/9/2025, 6:21 AM

Synternet FAQ

Synternet (SYNT) is transforming the blockchain industry by offering a modular and interoperable data infrastructure across all major blockchain networks. At its foundation, Synternet is more than just a blockchain; it is a comprehensive protocol designed to enhance data interoperability and modularity. The Synternet Network is supported by its native cryptocurrency, SYNT, which is integral to both the blockchain and the Data Layer. The protocol is structured around three primary components: the App Chain, the Data Layer, and the PubSub protocol. The App Chain enables developers to build decentralized applications that can seamlessly interact with multiple blockchains. The Data Layer functions as a customizable execution layer, allowing the integration and execution of data from various chains. The PubSub protocol enhances the efficient distribution and communication of data across the network. Synternet's Autonomous Economic Agents (AEAs) provide developers with the ability to construct composable, use-case-specific applications. These AEAs can process data from any blockchain, offering unmatched flexibility and functionality. This makes Synternet a versatile tool for developers seeking to create innovative blockchain solutions. Collaborations with Mantis and the Interchain Ecosystem further augment Synternet's capabilities, ensuring robust interoperability and extending its presence within the blockchain community. The network's design is intended to dismantle silos between different blockchains, promoting a more connected and efficient ecosystem.

Synternet, a blockchain crafted to provide modular and interoperable data infrastructure across major blockchain networks, has experienced several key events shaping its development. At its foundation, Synternet's Data Layer protocol functions as a customizable execution layer between blockchains, allowing developers to create composable, use-case-specific applications through Autonomous Economic Agents (AEAs). A major milestone for Synternet was the initiation of its mainnet on the Cosmos platform. This event marked a crucial progression in its mission to transform Web3 by offering modular and interoperable data solutions. The mainnet launch enabled the implementation of Synternet's Publish-Subscribe protocol, which facilitates real-time data distribution across multiple blockchain networks. The introduction of the Pikes Peak Roadmap was another significant development. This ambitious strategy outlines Synternet's future objectives, concentrating on disrupting centralized data silos and improving real-time data solutions for Web3 developers. The roadmap consists of various phases aimed at enhancing the platform's capabilities and incorporating more advanced features. Another essential event was the launch of the SYNT Bridge. This bridge enables seamless interoperability between Synternet and other blockchain networks, boosting the platform's utility and accessibility. By facilitating cross-chain transactions and data sharing, the SYNT Bridge plays a vital role in Synternet's ecosystem. Synternet has also progressed in expanding its market presence through new exchange listings. These listings have broadened the visibility and accessibility of SYNT, allowing a wider audience to engage with the Synternet ecosystem. The increased liquidity and trading options have further reinforced SYNT's standing in the cryptocurrency market. Partnerships have been crucial to Synternet's growth. Collaborations with Mantis and the Interchain Ecosystem have brought additional expertise and resources to the platform. These partnerships aim to enhance Synternet's technological capabilities and broaden its application scope, fostering a more robust and versatile ecosystem. Synternet's application-specific chain, powered by its utility token SYNT, offers a tailored environment for developers to create specialized applications. This chain is engineered to address specific use cases, delivering optimized performance and functionality for various decentralized applications. In its pursuit to provide real-time data solutions for Web3 developers, Synternet has concentrated on developing a modular and interoperable data infrastructure. This infrastructure enables seamless integration and execution of data across diverse blockchain networks, empowering developers to construct innovative and efficient applications. Synternet's journey is marked by significant milestones that have collectively propelled its mission to innovate Web3. From the mainnet launch on Cosmos to the debut of the SYNT Bridge and strategic partnerships, each event has contributed to the platform's growth and development. To explore more detailed information, please refer to Eulerpool.

Synternet (SYNT) is a blockchain platform that facilitates modular and interoperable data infrastructure across all major blockchain networks. Central to Synternet is the Data Layer, a protocol designed to serve as the customizable execution layer between various blockchains. The founding team of Synternet comprises Domas Povilauskas, Kipras Kazlauskas, Domantas Jaskunas, Jonas Simanavicius, Justinas Valutavicius, and William Norton, each contributing their distinct expertise to the project's groundbreaking approach. Led by the current CEO, Daniel Haudenschild, the initiative focuses on the development of Synternet’s Autonomous Economic Agents (AEAs). These AEAs enable developers to create composable, use-case-specific applications that can operate using data from any blockchain.

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