Synthetix launches on Optimistic Ethereum on July 26, advancing towards Ethereum Layer 2.

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Synthetix launches on Optimistic Ethereum on July 26, advancing towards Ethereum Layer 2.

The Ethereum-based synthetic asset protocol Synthetix (SNX) announced on the 10th that it is expected to launch trading on the Layer 2 solution Optimistic Ethereum (OE) on July 26, with the final launch date pending confirmation by Synthetix governance. SNX saw an increase in price since the 9th evening, rising from $9 to a high of $12, and was at $11 at the time of writing.

Review of Synthetix Roadmap

As reported in January, Synthetix's future plans focus on:

  • Transition and development of Optimistic Ethereum (Layer 2)
  • Launch of Synthetix V3
  • Implementation of Keep3r
  • Strategic acquisitions and expansions