- Dash’s price exploded by 44%, reaching nearly $50 — its highest level since December 2024.
- Tornado Cash also peaked while tokens like Verge and Decred mirrored Zcash’s price moves.
- Privacy coins signal a bullish comeback as the crypto market embraces older, privacy-focused tokens.
Privacy-focused cryptocurrencies staged a strong comeback this week. Dash (DASH) surged more than 44%, while Verge (XVG) and Tornado Cash (TORN) also posted notable gains.
The rally follows a powerful run in Zcash (ZEC) over recent weeks, which appears to have reignited investor interest in privacy-oriented digital assets.
By Friday, DASH, TORN and XVG all showed renewed bullish momentum, supported by rising trading volumes and a revival in sentiment reminiscent of the 2017 crypto bull run, when privacy coins were among the market’s top performers.
DASH surges 40% to lead privacy token rally
While Zcash dominated headlines with a parabolic ascent in recent weeks, Dash has quietly followed a similar trajectory.
At the time of writing on October 10, 2025, the privacy token led its peers in 24-hour gains.
According to CoinGecko, the altcoin logged roughly 44% intraday gains, trading around $44.20.
Dash’s price even tested highs near $47.80 amid a 165% jump in daily volume, which rose to about $384 million.
The rally extended Dash’s gains after it broke the key resistance level at $32, with both technical and fundamental catalysts at play.
Overall, a broader rebound in privacy tokens has been a major driving force, while institutional interest and growing adoption of DashPay have injected bullish sentiment.
Retesting the psychological $50 barrier could prompt a short-term recalibration and set bulls’ sights on $100.
If optimism persists amid wider market volatility, the medium-term targets sit near $200 and the 2021 highs above $400.
That said, the weekly RSI indicates a potential pullback.
DASH price chart by TradingView
Horizen, Tornado Cash also gather momentum
Dash’s rise is part of a broader synchronized rally sweeping the privacy-coin sector. Renewed interest in zero-knowledge technologies and privacy-first protocols has helped fuel the move.
Data from CoinGecko shows the sector climbed about 14% over the past 24 hours, led by Verge (XVG), which jumped 21% to $0.008, and Tornado Cash (TORN), which rallied 26% to $18.95.
These gains mirror Zcash’s rapid ascent, which recently reached $268 on major exchanges and sparked widespread bullish sentiment.
Railgun (RAIL) also surged roughly 70%, reflecting investor enthusiasm for privacy infrastructure tied to shielded transactions and zero-knowledge proof systems.
The rally coincides with the “Uptober” narrative that has boosted sentiment across the broader crypto market, with privacy tokens emerging as standout performers amid renewed speculation and growing demand for decentralized anonymity solutions.