- The Decred price rose more than 40% over the past 24 hours, peaking at $29.
- Several privacy coins are gathering momentum.
- Approval of a proposal to cap treasury spending has also catalyzed gains.
Decred (DCR) outperformed many altcoins in the last 24 hours, with bulls pushing the token nearly 40% higher to intraday peaks of $29 as renewed interest in privacy-focused coins fuels broader market gains.
The token’s upward momentum followed overwhelming stakeholder approval of DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralized treasury.
Gains tied to this governance milestone, the rally among privacy coins, and a generally more risk-on market sentiment could continue to support the DCR price.
Price boost 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 coins, with over 82% of DCR already mined. New issuance decreases on a regular schedule approximately every three weeks.
Decred includes privacy-focused features and builds on the Bitcoin model with on-chain governance and sustainable funding mechanisms.
While the price rally coincides with gains for leading privacy coins such as Dash and Monero, Decred’s momentum has been boosted by the community’s push for fiscal discipline and long-term sustainability.
That dynamic was underscored by the approval of DCP-0013, which enables a cap on treasury spending.
The proposal’s activation will set a monthly spending limit equal to 4% of available treasury funds.
More than 99% of votes supported the measure, a decisive outcome that strengthened market sentiment.
Privacy coin rally lifts DCR
From March through early November 2025, DCR largely traded in a relatively narrow $11–$17 range before surging to an annual high of $44 as privacy-focused cryptocurrencies posted sharp gains.
The rally was followed by a significant correction driven by profit-taking and broader macroeconomic pressure, with prices falling to a low of $14 on December 24.
A recovery in early 2026 renewed investor interest in privacy coins, helping to lift Decred to intraday highs near $29.
The token has climbed roughly 75% over the past week, in line with a wider rally across the privacy-coin segment.
As a project that incorporates privacy-enhancing elements within its architecture and governance, Decred is benefiting from sector-wide enthusiasm.
Continued popularity among privacy coins could push Decred above $50, while some bulls see $100 as a medium-term target if momentum persists.
Zcash has attracted significant attention, but Decred supporters argue that DCR’s resilience could lead to stronger performance in the current cycle.
Monero (XMR) recently reached highs near $700, Dash (DASH) has been among the top weekly performers and traded above $80, and Zcash (ZEC) reached the $450 level.