SYN Surges Over 67% in 24 Hours, Up 14x in the Last 30 Days

BlockBeats News, June 30, according to HTX market data, SYN has surged over 67% in the past 24 hours, now trading at $0.68, with a market cap of $152 million, representing a 1400% increase in the last 30 days.

BlockBeats reported yesterday that Arthur Hayes expressed optimism about the Hyperliquid ecosystem in a social media post, specifically mentioning Hypercall, SYN's options DEX project. He believes that the project has the potential to challenge the well-established options exchange Deribit. Chain data prior to his post showed that Arthur Hayes' address acquired 6.16 million SYN tokens through FlowDesk, with a transaction value of approximately $2.2 million.