Synthetix Network (SNX) - Base Shutdown - 07 Jul 2025

Synthetix Network is shutting down its support on the Base chain. Users should close trades and move tokens soon. This kind of event may cause fast actions in the market, like selling SNX or moving funds out. If people see this as a weakness, price could drop. But if SNX is strong on other chains, the impact might be light. Sometimes changes like this bring lots of worry, so price may be more volatile in the days near the event. More info found here: source.