Synthetix Network Price Prediction: 2025, 2030, 2040

Entering May 2025, Synthetix (SNX) was caught in turbulent market currents, reflecting wider unease across the Decentralized Finance (DeFi) world. Early in the month, SNX prices were stuck, bouncing roughly between $0.64 and $0.73 – a far cry from the peak values seen over four years before. Its total market value wobbled from $217 million to $247 million, keeping it well outside the top 150 crypto assets.

Charts mostly flashed warning signs or suggested stagnation for SNX in the short term. Several technical studies showed the token trading underneath key moving average lines (both SMA and EMA), which traders often see as a bad omen. CoinLore pointed out the price was below all its daily EMA levels. While a sliver of analysis hinted at a possible climb toward $0.856 if the $0.71 support level didn't break, most watchers advised caution. The Relative Strength Index (RSI) sat squarely in neutral ground, showing the market couldn't make up its mind rather than leaning heavily into buying or selling. General market mood was low, backed up by poor scores on the Fear & Greed Index.

Predictions for where SNX's price might go throughout May 2025 were all over the map, highlighting just how uncertain things felt. CoinCodex, pointing to negative technical signals, thought it might drop to $0.683227 by the month’s close, estimating a likely trading zone between $0.678041 and $0.753268. Data pulled together by services like 3Commas suggested a similar quiet range, expecting the average price to stick around $0.71-$0.72. This clashed strongly with sunnier forecasts, like those from DigitalCoinPrice (though harder to find in recent searches), which anticipated a much bigger rebound. Such wide disagreement underscores the market's jumpiness and the different ways analysts crunch the numbers.

What happens next for SNX heavily depends on how well the "Andromeda Release" catches on. This huge update rolled out Synthetix Core V3 and Perps V3, especially onto the Base blockchain. It’s a fundamental redesign, meant to act as an open foundation for others to build derivative markets. Big upgrades in V3 include built-in cross-margin trading, the ability to use different kinds of collateral (like USDC on Base), potentially lower transaction fees, and better ways to handle liquidations. Whether developers jump in and trading picks up on Base during May is vital for the whole Synthetix system's future.

Alongside the V3 rollout, Synthetix changed how its token works, moving away from simply printing more SNX as rewards. Now, there's a buyback-and-burn system in place. It uses 40% of the fees earned specifically by Perps V3 on Base to buy SNX off the market and destroy it. The idea is to gradually reduce the SNX supply, which could help its price, but the full impact isn't clear yet.

Still, a major problem dogging Synthetix in May 2025 was its own stablecoin, sUSD, falling off its $1 peg. Meant to always be worth one US dollar, sUSD has had a rough time since early 2025. It dipped as low as $0.68 in April and was seen trading between $0.77 and $0.87 near the end of April and start of May, based on different reports. People said large amounts of money being pulled out started the problem, and changes to how sUSD was issued during protocol upgrades (which removed old peg-support systems) made it worse.

To fix this, the Synthetix crew started efforts like the "sUSD 420 pool." This is a staking plan encouraging people to lock up their sUSD for a year in exchange for a piece of 5 million SNX tokens. Synthetix founder Kain Warwick openly stated that SNX stakers collectively have the funds needed and bear the responsibility to sort out the peg. He also hinted that if people didn't willingly participate (the "carrot"), the team might have to resort to less popular methods ("the stick") to get sUSD back in line. Everyone's watching closely to see if these tactics work; the sUSD wobbles even led some exchanges to pause SNX deposits for a while.

The bigger picture in crypto economics also plays a role. While many are still optimistic about DeFi long-term, recent numbers showed some shrinkage, with reports that the total value locked (TVL) across the sector dipped early in 2025. Yet, the market for derivatives on decentralized exchanges (DEXs) – exactly what Synthetix is targeting with Perps V3 – is expected to grow massively. This offers a huge potential prize if Synthetix can grab a decent slice. Plus, crypto's growing connection to traditional finance means worldwide economic news keeps influencing prices, along with new developments like using AI in the crypto space.

The mood within the Synthetix community seemed torn, understandably. People were excited about the potential of the V3 upgrades but also deeply worried about the unstable sUSD. Warwick's blunt talk about fixing the peg stirred up plenty of conversation among users.

Ultimately, May 2025 shapes up as a tricky month for Synthetix. The project has to juggle the excitement around its major tech upgrades and new token plan against the urgent, make-or-break task of fixing the sUSD peg to regain trust. The mix of cautious chart signals and wildly different price forecasts perfectly captures this uncertainty. How well the sUSD rescue efforts perform, real proof that Perps V3 is gaining traction on Base, and the general state of the DeFi market will be the key things determining SNX's path through the month.