Synthetix all-time high and real returns SNX

Synthetix's highest recorded price was $28.53 on 13 February 2021, from CoinGecko's record of intraday trades. Restated with US CPI to Oct 2026, that is $36.34 in today's dollars. In pounds it was £20.46 at the time, or £26.92 after UK inflation.

On month-end closes, which is what our tables use, the peak was $18.73 in Feb 2021, worth $23.85 today. The latest price is 99.0% below the real high.

Our monthly history for Synthetix starts in July 2020. Since then it is down 93.8% in dollars and down 95.2% after US inflation, so it has not kept up with inflation over that stretch. Measured in pounds after UK CPI the figure is down 95.3%. Against the US M2 money supply it is down 95.1%.

After the Aug 2020 peak of $7.336 it fell 58.9% by Oct 2020, and closed above the old high again after 5 months. In real terms it took 5 months. After the Feb 2021 peak of $18.73 it fell 98.9% by Aug 2026, and has not closed above that high since. In real terms it has not recovered.

These use month-end closes, so intraday highs and lows were more extreme.

Synthetix is 99.2% below its all-time high of $28.53, which it set on 13 February 2021, and its all-time low is $0.0348, from January 2019. Getting back to the high from today's price of $0.241 would take a rise of about 11,738%. These figures come from CoinGecko and refresh every five minutes.

The Bargain Score is 68.6 out of 100 (Meaningful discount). It combines the discount from the previous high, market sentiment, momentum and the coin's track record across past cycles. On our zone scale that places Synthetix in the Discount zone: Price 99.1% below ATH · greed high · structural collapse risk. This describes current conditions; it is not a recommendation.

Low cycle target $29.96 (Previous ATH + 5% (the model’s cycle multiple lands below the previous high).). Base cycle target $32.81 (Previous ATH + 15%: a return to the previous high (the model’s cycle multiple lands below it).). High cycle target $37.09 (Previous ATH + 30% (the model’s cycle multiple lands below the previous high).). Each is the price the coin would reach if a smaller version of its past cycle repeated, not a loss case. They come from a model of past cycles and can be badly wrong.

The Crypto Fear & Greed Index reads 62 (Greed). Low readings mean fear, high readings mean greed. The Bargain Score uses it as one input, because past cycle lows tended to arrive during extreme fear.

Synthetix sits in the Discount zone with a Bargain Score of 69, meeting at least three of the model's buy-side conditions (Price 99.1% below ATH, greed high and structural collapse risk). Rather than a recommendation, the label is a reading of where Synthetix's price and the wider market sit against the model's rules at this moment, and because the Fear & Greed value and the daily RSI both update at midnight UTC, just after midnight is when it is most likely to change. The 4-dot meter beside it shows where that zone sits on the five-step scale, from one dot for Expensive to five for Deep discount.

Synthetix has had one earlier fall of 50% or more in our price history: after its $5.11 peak in March 2024 it fell 96% and has not closed above that level since. Those are the only data points we have for this coin, which is too few to say anything reliable about the next recovery, since market conditions, supply and competition are different each cycle and some coins never regain a previous high.

The model starts from Synthetix's full range, its all-time high of $28.53 divided by its all-time low of $0.0348, which is roughly 820-fold. It shrinks that multiple with a decay factor, on the assumption that each cycle is smaller than the last, and applies it from the low. For Synthetix that reduced repeat would not reach the old high, so the targets are anchored just above it instead, at $29.96, $32.81 and $37.09, which puts the low scenario 12,330% above today's price. They describe what a reduced repeat of the past would look like and say nothing about whether that will happen. Cryptoassets are high risk, and you should be prepared to lose all the money you put into them.