SYN Token Surges 530%, Driven by Synapse Rebranding and Hypercall

The price of SYN token has surged by about 530% since the beginning of June, and its growth for the current year is approaching 470%. This surge began in Q2, but the main momentum came this month. The trading activity also picked up noticeably along with the price.

The driver behind the growth is the Synapse Protocol rebranding and strategy shift. After the rebranding, the focus shifted to Hypercall, an on-chain options exchange for crypto assets and real-world assets on the Hyperliquid platform.

According to experts, Hypercall currently offers options on SpaceX, S&P500, and oil. This is an important shift for Synapse: the project is moving beyond traditional crypto infrastructure and trying to connect the blockchain environment with tools focused on real-world assets.