- The decreased price rose more than 40% in the past 24 hours, reaching highs of $29.
- Several privacy coins are rallying.
- Approval of a proposal to limit the treasury’s spending has also catalyzed gains.
Decred (DCR) outpaced many altcoins over the last 24 hours, surging nearly 40% to intraday highs of $29 as renewed interest in privacy-focused cryptocurrencies helped drive broader gains.
The token’s upward momentum also follows stakeholders’ overwhelming approval of DCP-0013, a governance proposal to impose a strict spending cap on Decred’s decentralized treasury.
Gains tied to this governance milestone, rising privacy coins, and revived risk-on sentiment have combined to push the DCR price higher.
Price jumps after stakeholders approve DCP-0013 proposal
Decred is a layer-1 DAO project known for its hybrid consensus model and strong emphasis on community-led governance. Supply is capped at 21 million DCR, with more than 82% already mined and new issuance decreasing roughly every three weeks.
The project combines elements of privacy-enhancing technology and builds on Bitcoin’s blockchain model while emphasizing on-chain governance and sustainable funding.
As prices climb alongside leading privacy coins like Dash and Monero, Decred has seen notable upside as the community signals commitment to fiscal discipline and long-term sustainability—evidenced by the approval of DCP-0013, which introduces a cap on treasury spending.
Once implemented, the proposal will set monthly limits on treasury expenditures at 4% of available funds. More than 99% of voters supported the implementation, a decisive result that helped boost market sentiment.
Privacy coins rally and lift the DCR price
Decred’s DCR token traded in a relatively narrow range of $11–$17 from March through early November 2025, before rising to a yearly high near $44 amid a broad surge in privacy-focused cryptocurrencies.
That advance was followed by a sharp correction driven by profit-taking and wider macroeconomic pressure, which pushed prices down to $14 on December 24. A recovery in early 2026 renewed interest in the privacy coin sector and lifted Decred to intraday highs of $29.
Over the past week, the token has gained roughly 75%, reflecting the broader upswing across privacy-focused assets.
As a project that incorporates privacy-enhancing elements within its architecture and governance, Decred stands to benefit from sector-wide enthusiasm. Continued attention on privacy coins could propel DCR past $50, with a near-term upside target cited by some supporters at $100.
Zcash has drawn considerable attention recently, but Decred supporters argue DCR could outperform on momentum and sustainability.
Monero (XMR) has reached highs near $700, Dash (DASH) has led weekly top performers above $80, and Zcash (ZEC) has climbed to the important $450 level.