SNX Crypto Price Soars 130% as Whale Activity Fuels Market Momentum

Synthetix (SNX) experienced a significant price surge of 130% recently, driven by whale accumulation and heightened trading activity. Anticipation for the upcoming launch of Synthetix’s new perpetual DEX, coupled with increased demand and reduced supply on exchanges, fueled this bullish trend. This development sparked a sharp increase in trading volume exceeding $1 billion, signaling strong market interest in the project.