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sUSD rises above $0.88, with a 24-hour increase of 10%.

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Odaily
280Words
Apr 23, 2025

Odaily Planet Daily reports that market data shows $sUSD has risen, breaking through $0.88, currently priced at $0.867, with a 24-hour increase of 10%. It has surged 38% from its previous low of $0.6278, gradually re-pegging.

Previously, Synthetix announced that it will reveal the design details of perps V4 in the coming weeks and push for deployment on the mainnet in Q2. Synthetix founder Kain also stated that $SNX stakers who do not adopt the newly launched staking mechanism may face pressure.

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