SNX token climbs to $2.45 amid renewed investor interest in the decentralized derivatives platform, supported by technical indicators. Is there further upside potential.
Over the past week, Synthetix (SNX) has regained bullish momentum with its native token climbing 15% to 0.45. SNX has successfully breached its 50-day moving average. The token is now trading above both its 50-day and 100-day moving averages, a pattern that historically precedes extended rallies.
The price surge comes as technical indicators align to suggest continued upward movement, with SNX breaking above key resistance levels that had capped gains since late 2025.
SNX PUMPING AFTER ROBINHOOD LISTING
Synthetix: RWA Based Project
Big ETFs & institutions could be quietly accumulating. Do insiders know something big about the RWA(Real world assets) trend?
NFA || DYOR pic.twitter.com/FAd5EQTpc9
— Money Ape (@TheMoneyApe) February 19, 2026
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Robinhood Listing Is More Than Just A Convenience For Synthetix
The Robinhood Listing is more than just a convenience; it is a liquidity gateway. Synthetix relies heavily on liquidity to function efficiently, as the SNX token is used as collateral to back the synthetic assets on its network.
According to the official announcement, Robinhood customers can now buy, sell, and trade SNX 24/7. This integration puts the token in front of a massive user base that typically engages in high-frequency Crypto Trading on mobile.
We’re excited to announce that customers can now trade Synthetix (SNX) on Robinhood.
This listing also clears up a common point of confusion. For years, eager investors sometimes confused the crypto ticker SNX with the stock ticker for TD SYNNEX, which also trades on Robinhood. This move clarifies that the DeFi asset is now officially part of the roster.
Historically, assets listed on major fintech apps see a surge in volume because the “friction” of buying is removed. You no longer need to understand gas fees or slippage to get exposure to the Synthetix protocol.
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Could Robinhood Listing Boost SNX Price? Or Is This Already Priced In?
The big question on every trader’s mind is simple: Does this send the price up?
In the past, the “Robinhood Effect” has sent tokens rallying as retail money pours in. However, current market conditions are different than the speculative frenzy of 2021. While the price of SNX has seen a recent bump—trading up over 12% following the news—sustainable growth usually depends on the protocol’s usage, not just exchange availability.
While volume spikes are guaranteed, long-term price action will likely depend on the success of the upcoming Synthetix V3 upgrade.
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The post Synthetix (SNX) Officially Joins Robinhood: What Does This Mean for Liquidity? appeared first on 99Bitcoins.
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