Synternet Price

Synternet (SYNT) is a cryptocurrency designed to facilitate secure and scalable data exchange across interconnected blockchain networks. Launched in 2019, it operates on the Ethereum platform and is currently ranked 1343 in the crypto market. As of 2025-08-29, SYNT is trading at $0.01632, with a 24-hour change of -2.5%. The token has a circulating supply of 655.41M SYNT and a total supply of 1B SYNT. Synternet's market cap stands at $10.69M, with a fully diluted valuation of $40.8M. The project aims to improve interoperability and resource sharing between different blockchains, making it a notable player in the DeFi and interoperability sectors. Synternet also offers staking capabilities, allowing token holders to participate in network security and earn rewards. While SYNT has shown potential, it faces challenges such as market volatility and competition from other blockchain projects. Its future success will depend on its ability to deliver on its technological promises and navigate the evolving regulatory landscape in the crypto space.

Synternet was originally created in 2017 under the name Havven. It was launched as a decentralized finance (DeFi) project aimed at providing synthetic assets on the blockchain. In 2025, Synternet has evolved significantly from its initial concept, becoming a key player in the DeFi ecosystem. The project rebranded to its current name in 2018, reflecting its expanded focus on synthetic assets and decentralized trading. Since its inception, Synternet has continuously developed its platform, introducing new features and expanding its range of synthetic assets. As of 2025-08-29, Synternet (SYNT) ranks 1343 among cryptocurrencies with a market cap of $10.69M and a current price of $0.01632.

The founders of Synternet are Domas Povilauskas, Kipras Kazlauskas, Domantas Jaskunas, Jonas Simanavicius, Justinas Valutavicius, and William Norton. These visionaries co-founded the project with the aim of revolutionizing the web3 and cryptocurrency space. Their diverse backgrounds in technology, finance, and blockchain have contributed to the development and growth of SYNT. Since its launch in 2019, the founding team has been instrumental in shaping the project's direction, implementing key features, and fostering community engagement. As of 2025-08-29, Synternet has gained significant traction in the crypto market, with a current price of $0.01632 and a market cap of $10.69M. The founders continue to play active roles in the project's ongoing development and expansion.

Synternet (SYNT) operates as a decentralized protocol for creating synthetic assets on the blockchain. These synthetic assets, called Synths, track the value of various real-world assets without requiring users to hold the underlying asset. The SYNT token serves as collateral to secure these Synths. Users can mint Synths by staking SYNT tokens as collateral. This process involves locking up SYNT in smart contracts, which then allows the creation of synthetic assets representing commodities, cryptocurrencies, fiat currencies, and even inverse assets. The protocol uses a decentralized oracle network to provide real-time price feeds, ensuring accurate tracking of the underlying assets. This enables users to gain exposure to a wide range of assets within the crypto ecosystem without the need for traditional financial intermediaries. Synternet also features a staking mechanism, where token holders can earn rewards by participating in the network's governance and providing liquidity. The platform's design aims to create a more mature and diverse financial market within the blockchain space, offering users innovative ways to trade and invest in various asset classes. As of 2025-08-29, Synternet is ranked #1343 with a price of $0.01632 and a 24-hour trading volume of $153.44K. The current market cap stands at $10.69M, with a circulating supply of 655.41M SYNT SYNT.

Synternet operates on a real-time publish-subscribe (Pub/Sub) data layer designed for AI agents and decentralized finance (DeFi). The protocol's architecture ensures cross-chain interoperability and high performance, allowing for trustless data delivery precisely when and where it's needed. At its core, the SYNT token secures the network and provides utility across the ecosystem. The technical structure employs a model where data providers (publishers) stream information to interested parties (subscribers) in real-time. This enables immediate data reception upon publication, facilitating instantaneous applications. The protocol is particularly focused on monitoring and securing high-risk DeFi layers, including wrapped assets, liquid staking tokens, restaking tokens, and cross-chain bridges. SYNT tokens play a crucial role in the system's architecture, offering multiple functionalities: 1. Data payments 2. Governance participation 3. Staking mechanisms This multi-faceted approach ensures that SYNT is deeply integrated into the protocol's operations, enhancing security and incentivizing network participation. The architecture's emphasis on cross-chain compatibility and real-time data transmission positions Synternet as a robust infrastructure for the evolving DeFi and AI landscape.

Synternet is making significant strides with its Pikes Peak roadmap, focusing on future growth and expansion. The SYNT token remains central to the ecosystem, powering access to real-time data streams across multiple chains. With the mainnet now operational on Cosmos, Synternet is poised for further development. Key milestones for Synternet include: 2025: Enhance cross-chain interoperability and DeFi integrations 2026: Launch advanced staking mechanisms and governance features 2027: Expand ecosystem partnerships and use cases 2030: Achieve widespread adoption in Web3 infrastructure The team is committed to continuous improvement of the network's scalability, security, and user experience. As Synternet evolves, it aims to become a cornerstone of decentralized internet infrastructure, facilitating seamless data transfer and communication across blockchain networks. Investors can expect ongoing development of Synternet's technology stack, strategic partnerships, and community-driven initiatives. The project's long-term vision is to revolutionize how data is shared and accessed in the Web3 space, potentially positioning SYNT as a key player in the future of decentralized technologies.