This week has seen a significant resurgence in privacy-focused cryptocurrencies, led by Dash (DASH), which surged over 44% to nearly $50, marking its highest level since December 2024. The uptick follows a strong performance from Zcash (ZEC), prompting renewed interest in digital assets that prioritize user privacy.
Dash Soars by 44%, Leading Privacy Coin Rally
While Zcash has been in the spotlight due to a recent parabolic rally, Dash has quietly mirrored this momentum. As of October 10, 2025, the privacy coin leads its peers with notable intraday gains.
According to CoinGecko, DASH recorded approximately 44% in daily gains, trading around $44.20. At one point, Dash even peaked at $47.80, with daily trading volumes skyrocketing by 165% to roughly $384 million.
This rally marked Dash’s successful breach of a critical resistance level at $32, fueled by both technical and fundamental catalysts. The attractive performance of privacy coins, combined with institutional interest and renewed traction for DashPay, has fostered a bullish sentiment in the market.
Should it successfully test the psychological barrier of $50, Dash could recalibrate in the short term, with bulls eyeing a target of $100. If the optimistic trend persists amid broader market volatility, medium-term goals could expand to $200, and even surpass the 2021 highs above $400. However, weekly RSI indicators suggest a potential pullback may occur.
Horizen and Tornado Cash Experience Gains
The upward movement of Dash is part of a broader synchronized rally impacting the privacy coin sector, which has regained traction amid rising interest in zero-knowledge technologies and privacy-centric protocols.
Data from CoinGecko indicates that the sector has surged by 14% over the past 24 hours, led by Verge (XVG), which gained 21% to $0.008, and Tornado Cash (TORN), which skyrocketed by 26% to $18.95.
These gains are a direct reflection of Zcash’s recent ascent, which recently touched $268 across major exchanges, triggering widespread bullish sentiment. Railgun (RAIL) has also seen a phenomenal jump of 70%, signaling investor enthusiasm for privacy-related transaction infrastructure and zero-knowledge proof systems.
This rally aligns with the “Uptober” narrative, which has enhanced sentiment across the larger cryptocurrency market, with privacy tokens emerging as top performers amid renewed speculation and increasing demand for decentralized anonymity solutions.
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