SYN Token Surges 43% as Rebranding to Cortex Protocol and 5.5x Migration Drive $152M Volume

Synapse (SYN) experienced a significant price surge in the last 24 hours, primarily driven by the protocol’s rebranding to Cortex Protocol (CX) and the ongoing token migration at a 1 SYN to 5.5 CX ratio. This major development, combined with heightened community activity and bullish technical indicators, contributed to a sharp increase in trading interest and price momentum. The migration event led to a spike in both spot and futures trading volumes, with spot volume reaching 50.08 million SYN and futures volume at 48.93 million SYN during the migration period.

Currently, SYNUSDT is trading at $0.1862 on Binance, reflecting a 43.89% increase over the past 24 hours from an open of $0.1294, with robust trading activity and a 24-hour volume of approximately $152 million, underscoring strong market engagement following the rebranding announcement.