Why did Synapse fail?

Can you explain the reasons behind the failure of Synapse? Were there any specific challenges or issues that led to its downfall? Did the project lack the necessary funding, support, or expertise to succeed? How did the market conditions and the broader cryptocurrency landscape affect its prospects? Did the team make any strategic mistakes or errors in judgment? Understanding the reasons for Synapse's failure can provide valuable insights for other projects in the space and help prevent similar outcomes in the future.