DeXe Surges as Whale Transactions Soar 340% – Driven by Governance Staking and dApp Upgrade

Data from analytics platform Santiment reveals a dramatic surge in whale transactions (over $100,000) associated with the DeXe token. Last week saw an eye-watering 340% increase, placing DeXe atop the list for this metric amongst cryptocurrencies tracked by Santiment. This jump is likely driven by significant governance staking of over $300 million and a newly launched upgrade to its dApp, according to analysts.