Synapse (SYN) Surges 589.24% in 24 Hours Amid Strategic Developments

On SEP 2 2025, SYN rose by 589.24% within 24 hours to reach $0.1278, marking a dramatic short-term price reversal. Over the past seven days, however, the asset has seen a steep decline of 534.35%. The one-month performance was more positive, with a 105.95% increase, while the one-year trajectory remains significantly bearish at an 8049.39% drop. The recent volatility appears to be driven by a series of strategic updates from the project.

The development team announced a major infrastructure upgrade, including the deployment of a new decentralized exchange (DEX) module that enhances liquidity and trading efficiency. This upgrade is expected to improve the platform’s throughput and reduce latency. Analysts project that the integration of this module could lead to increased adoption among DeFi participants and institutional investors, particularly those prioritizing scalable infrastructure for cross-chain operations.

Technical analysis of SYN’s price action indicates a strong bullish impulse following the announcement. The 24-hour surge has breached key resistance levels that had been in place for several weeks. On-chain data shows a noticeable shift in large wallet activity, with a significant portion of inflows attributed to new addresses associated with DeFi platforms and automated trading systems. These patterns suggest growing institutional interest and algorithmic activity aligning with the project’s strategic direction.

The recent price movement has also triggered a reevaluation of the project’s market positioning. While the long-term one-year trend remains deeply bearish, the short-term and medium-term indicators have improved significantly. Multiple DeFi analytics platforms have noted an increase in SYN’s liquidity across major decentralized exchanges, which analysts project could help mitigate future price slippage and improve price discovery.

Backtest Hypothesis

The technical indicators observed in the recent rally—namely, the breakout above key resistance levels and the sudden increase in on-chain activity—suggest the potential for a trend-following backtesting strategy. This strategy could involve entering long positions following a confirmed breakout above a 200-day moving average, accompanied by a surge in volume and a shift in large wallet activity.

The backtest would also incorporate a trailing stop-loss mechanism to manage downside risk, given the extreme volatility observed in the past 30 days. Exit signals would be triggered by a reversal in on-chain inflows or a drop below key support levels. Given the project’s recent strategic upgrades and the alignment of these technical signals with the fundamental developments, a backtesting approach focused on capturing momentum is considered plausible under the current market dynamics.