DeXe has been showing serious on-chain momentum lately π€ with the protocol holding strong among large cap crypto leaders over recent months. Data from Santiment revealed 18 whale transactions exceeding $100,000 alongside 298 active addresses both hitting all time highs. The network gained 86 fresh wallets marking the biggest growth spike in seven months.
DeXe Takes The Spotlight πΉ
Activity spiked together with solid market gains as market cap climbed over 600% in four months. Santiment pointed to rising interest in DeXe DAO governance tools plus speculation on wider adoption and spot buying with tokens leaving exchanges. The analytics team noted on chain signals are fueling the rally rather than trailing behind it. Fresh wallets are joining faster than in months while active use and big transactions hit peaks.
DeXe Beats Bitcoin In The Shadows πΈοΈ
This mix of user growth network expansion and large moves signals real ecosystem involvement beyond pure speculation as holders watch if DeXe governance can sustain the push. DEXE traded near 23.5 at writing time up nearly 36% this month. MEXC support helped by listing it for futures with up to 50x leverage contributing to a 4% rise in the last day despite wider market drops. Bitcoin dipped to 59,000 its lowest since early June then recovered near 61,700. CryptoQuant analyst CW noted DEXE testing its final major sell wall where a break could set a new all time high with little resistance left ahead.
Just another echo from the void by iconofsin.eth π