Synthetix (SNX) is a prominent cryptocurrency that powers a decentralized finance (DeFi) protocol for synthetic assets. Tracking its value against the US Dollar (USD) is crucial for investors, traders, and enthusiasts. This guide provides a comprehensive overview of the SNX to USD conversion, including real-time prices, historical data, and practical insights.
Real-Time SNX to USD Price
The current conversion rate for Synthetix (SNX) to US Dollar (USD) is $0.6052 per 1 SNX. This rate fluctuates based on market conditions, supply and demand dynamics, and broader cryptocurrency trends. Over the past 24 hours, SNX has increased by approximately 7.12%, indicating positive short-term momentum. However, it has decreased by around 13.77% over the last 30 days, reflecting some volatility in the market.
For the most accurate and up-to-date conversion, always refer to reliable financial data sources or crypto tracking platforms. 👉 Check real-time conversion tools
Historical SNX to USD Performance
Analyzing historical data helps identify trends and make informed decisions. Below is a summary of recent daily closing prices for SNX against USD:
| Date | 1 SNX to USD | 24h Change |
|---|---|---|
| Jul 03, 2025 | $0.6051 | +1.72% |
| Jul 02, 2025 | $0.5949 | +7.48% |
| Jul 01, 2025 | $0.5535 | -5.03% |
| Jun 30, 2025 | $0.5828 | -5.11% |
| Jun 29, 2025 | $0.6142 | +4.06% |
| Jun 28, 2025 | $0.5902 | +2.09% |
| Jun 27, 2025 | $0.5781 | +2.30% |
These values, recorded at 00:00 UTC daily, show a mix of gains and losses, highlighting the asset's volatility. The overall trend over the past week has been moderately positive, with a net increase.
SNX to USD Conversion Tables
Conversion tables simplify the process of calculating equivalent values between SNX and USD. Here are the real-time rates for common amounts:
SNX to USD Conversion
| SNX Amount | USD Equivalent |
|---|---|
| 0.5 SNX | $0.3026 |
| 1 SNX | $0.6052 |
| 5 SNX | $3.03 |
| 10 SNX | $6.05 |
| 50 SNX | $30.26 |
| 100 SNX | $60.52 |
| 500 SNX | $302.61 |
| 1000 SNX | $605.22 |
USD to SNX Conversion
| USD Amount | SNX Equivalent |
|---|---|
| $0.50 | 0.8261 SNX |
| $1.00 | 1.6523 SNX |
| $5.00 | 8.2614 SNX |
| $10.00 | 16.5228 SNX |
| $50.00 | 82.614 SNX |
| $100.00 | 165.228 SNX |
| $500.00 | 826.14 SNX |
| $1000.00 | 1,652.28 SNX |
These tables are useful for quick calculations, whether you're trading, investing, or simply monitoring the market.
Factors Influencing SNX Price
Several factors affect the price of Synthetix relative to the US Dollar:
- Market Sentiment: News, regulatory developments, and overall crypto market trends can cause price swings.
- Protocol Updates: Changes to the Synthetix network, such as upgrades or new features, may impact value.
- DeFi Adoption: As decentralized finance grows, demand for SNX—used for staking and synthetic asset creation—could increase.
- Macroeconomic Conditions: Inflation, interest rates, and economic policies influence both crypto and traditional markets.
Understanding these factors can help you anticipate price movements and make smarter decisions. 👉 Explore advanced market analysis strategies
Frequently Asked Questions
What is the current price of 1 Synthetix (SNX) in US Dollars?
As of the latest data, 1 SNX is valued at approximately $0.6052. This rate updates continuously based on live market conditions.
How much Synthetix can I get for $1?
At the current exchange rate, $1 will give you about 1.6523 SNX. Remember that this amount changes as the market fluctuates.
What is the all-time high for SNX in USD?
Synthetix reached its highest recorded price of $28.77 on February 14, 2021. This peak occurred during a bullish phase in the cryptocurrency market.
How has SNX performed against USD recently?
Over the past month, SNX has decreased in value by roughly 13.8% relative to the US Dollar. However, short-term performance can vary significantly.
Where can I convert SNX to USD reliably?
Reputable cryptocurrency exchanges and financial platforms offer conversion services. Always use secure, well-reviewed sites for transactions.
Is Synthetix a good investment?
Investment decisions should be based on personal research, risk tolerance, and market analysis. While SNX has potential due to its role in DeFi, it also carries volatility risks typical of cryptocurrencies.