- Decred price surged more than 40% in the past 24 hours, reaching highs of $29.
- Several privacy-focused coins are accumulating.
- Approval of a proposal to limit treasury spending also helped trigger the gains.
Decred (DCR) led other altcoins over the last 24 hours, with bulls pushing the token up nearly 40% to $29 as renewed interest in privacy coins fueled broader gains.
The rally also followed stakeholders’ decisive approval of DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralized treasury.
The combination of this governance milestone, rising prices among privacy coins, and improved risk sentiment helped lift DCR’s price.
Price surge follows stakeholder approval of DCP-0013
Decred is a layer-1 DAO project known for its hybrid consensus model and strong emphasis on community-driven governance.
Supply is capped at 21 million DCR, with over 82% already issued. Issuance declines approximately every three weeks.
Decred incorporates privacy-friendly features and is built on a Bitcoin-like model, offering on-chain governance and sustainable funding mechanisms.
As leading privacy coins such as Dash and Monero gained momentum, Decred benefited from the sector-wide rally. The approval of DCP-0013 reinforced that momentum by signaling the community’s commitment to fiscal discipline and long-term sustainability.
DCP-0013 enables a monthly treasury spending limit set at 4% of available funds.
More than 99% of votes supported the upcoming implementation, a decisive result that bolstered market sentiment.
Privacy coins rally lifts DCR
DCR traded in a relatively tight range between $11 and $17 from March through early November 2025, before reaching a yearly peak of $44 amid a sharp upswing in privacy-focused cryptocurrencies.
A subsequent correction, driven by profit-taking and broader macro pressures, pushed prices down to a low of $14 on December 24.
The rebound in early 2026 renewed interest in privacy coins and helped lift Decred to daily highs near $29.
Over the past week, the token climbed roughly 75%, mirroring broader gains across the private-coin segment.
As a project that integrates privacy-enhancing elements through its architecture and governance, Decred is positioned to benefit from the sector’s enthusiasm.
Growing demand for privacy coins could push Decred above $50, with a longer-term target of $100 cited by proponents.
Zcash has attracted attention, but Decred supporters argue DCR’s durability could lead it to outperform peers.
Monero (XMR) reached highs near $700, Dash (DASH) led weekly performance and rose above $80, while Zcash (ZEC) hit a key level around $450.