According to @CoinMarketCap, Synthetix is launching a perpetual futures DEX on the Ethereum mainnet after a three-year absence from Layer 1, beginning with a private beta that supports Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) markets, with access limited to the private beta phase as disclosed. Source: @CoinMarketCap, Dec 19, 2025.

According to @CryptoCoinCoach, SNX (Synthetix) has been sliding inside a falling wedge and is now testing the lower band where buyer interest typically appears, highlighting a potential decision zone for traders, source: @CryptoCoinCoach on X. A falling wedge is generally treated as a bullish reversal pattern only after a breakout above wedge resistance with expanding volume, source: Investopedia technical analysis of wedge patterns. Practical triggers include a daily close above the wedge top for confirmation, rising volume to validate momentum, and invalidation on a decisive close below the lower band, source: Investopedia technical analysis of wedge patterns. Until confirmation, the dominant short-term trend remains down, so risk should be managed with tight stops and reduced size if entering near support, source: CMT Association educational guidance on trend and risk management.