The DeXe token reached a new all-time high of $39.78. Over the past five months, the asset has grown by about 18 times, with new wallets and large on-chain transfers serving as the main confirmation of the movement.
At the time of publication, DEXE was trading around $38.76, up 8.33% in the past 24 hours. Meanwhile, social media interest remained subdued, distinguishing the current growth from typical speculative rallies.
New Wallets Supported the Price Growth
According to Santiment, the number of new addresses surged sharply. In one day, 161 new wallets appeared on the network, marking the fourth largest result in the project’s history.
This spike indicates an expanding user base. The market received confirmation that the movement is not only due to a technical breakout but also to real activity growth around the protocol.
It is especially important that the increase in the number of addresses coincided with the price reaching new highs. This reduces the likelihood that the growth is entirely driven by short-term speculation.
Large Holders Returned to Buying
Large wallet activity also intensified. The analytics platform recorded 11 transfers exceeding $100,000.
For 2026, this is one of the most notable days for the number of large transactions. The increase in such transfers may indicate interest from wealthy market participants and the redistribution of large positions.
At the same time, limited liquidity on exchanges can amplify price movements. When supply is low, even moderate demand from large buyers can significantly move quotes.
DeXe Benefited From Interest in DAO and AI
DeXe is developing a suite of tools for launching decentralized autonomous organizations without the need to write code. The protocol simplifies the creation of governance systems, voting, and delegation of authority.
In 2026, the market once again began to look more actively at DAO infrastructure. Projects related to AI system governance and digital communities received particular attention.
Against this backdrop, DeXe found itself in a favorable segment. The platform combines the theme of decentralized governance with growing interest in AI solutions.
This does not guarantee further growth, but it explains why attention has shifted specifically to this asset.
Price Surpassed the 2021 High
The new record was above the previous peak of about $32.38, set in 2021. After breaking the old high, the token entered an area on the chart with almost no historical supply levels.
Earlier, the “cup with handle” technical pattern indicated the possibility of a move to $38. This scenario has been almost realized.
The price first passed the $30.31 area, then approached the Fibonacci extension level around $38.09. After that, the quotes set a new all-time high.
The technical picture coincided with the increase in network activity. This made the movement more sustainable than a typical breakout without on-chain data support.
Social Media Not Overheated Yet
Despite the nearly 18-fold growth, discussion of the token has not shown a comparable spike. Santiment considers this a potentially positive signal.
Usually, a sharp increase in mentions attracts a speculative audience and can coincide with the late stage of growth. In DEXE’s case, price and wallet activity accelerated before mass interest.
This means that the broader audience has not yet fully joined the movement. However, this situation can change quickly if the token continues to set new highs.
The Market Will Test Growth Sustainability
After a strong move, the risk of profit-taking increases. Some investors have seen significant returns in recent months and may start reducing their positions.
Further dynamics will depend on whether the growth in new wallets and large participant activity continues. If the metrics remain high, the price may hold near record levels.
If network activity weakens, the token risks moving into a correction. After a multi-fold increase, even moderate profit-taking can lead to a noticeable pullback.
For now, on-chain data supports the market. DeXe set a new high not amid a surge in discussions, but simultaneously with network expansion and large transfers. Now investors will have to assess whether this demand can persist after the price enters a new area.
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