The analyst presents a bullish thesis for Synapse ($SYN), projecting significant upside for the token as it pivots to the Hypercall options platform. Key financial data includes an $81M FDV with a target upside of 37x to 300x based on competitors like Deribit, Coinbase ($COIN), and CBOE ($CBOE). The post also highlights positive synergies for Hyperliquid ($HYPE) through delta hedging volumes generated by Hypercall.