- Dash price surged 44% to the $50 level, its highest since December 2024.
- Tornado Cash also climbed, while tokens such as Verge and Decred mirrored gains seen in Zcash’s price.
- Privacy coins are signaling a bullish comeback as the crypto market embraces older coins.
Privacy-focused cryptocurrencies mounted a strong comeback this week. Dash (DASH) jumped more than 44%, with Verge (XVG) and Tornado Cash (TORN) also posting notable gains.
The rally follows a steep run-up in Zcash (ZEC) over recent weeks, which appears to have rekindled investor enthusiasm for privacy-oriented digital assets.
On Friday, DASH, TORN and XVG showed renewed upward momentum, supported by rising trading volumes and a resurgence of positive sentiment that harkens back to the 2017 crypto boom, when privacy coins ranked among the market’s top performers.
DASH surges 40% and leads privacy coin recovery
While Zcash dominated headlines in recent weeks with a parabolic move, Dash quietly mirrored the sector’s strength.
At the time of publication on October 10, 2025, the privacy coin led its peers in 24-hour gains.
According to CoinGecko, the altcoin recorded intraday gains of roughly 44% and was trading around $44.20.
Dash’s price even tested intraday highs near $47.80 as daily volume jumped about 165% to roughly $384 million.
The rally expanded Dash’s gains after it cleared the key resistance level near $32, driven by a blend of technical and fundamental catalysts.
Sector-wide momentum in privacy coins, along with renewed institutional interest and adoption of DashPay, helped fuel bullish sentiment.
A retest of the psychological $50 barrier could prompt short-term consolidation before bulls set sights on $100.
If the positive sentiment persists amid broader market volatility, mid-term targets include $200 and the 2021 highs above $400.
However, the weekly RSI signals the potential for a pullback.
DASH price chart from TradingView
Horizen and Tornado Cash also rebound
Dash’s surge is part of a broader, synchronized rally across the privacy-coin sector, renewed by growing interest in zero-knowledge technologies and privacy-focused protocols.
CoinGecko data shows the sector climbed about 14% over 24 hours, led by Verge (XVG), up 21% to $0.008, and Tornado Cash (TORN), which rose 26% to $18.95.
These gains reflect the meteoric rise of Zcash (ZEC), which recently reached $268 on major exchanges, sparking widespread bullish sentiment.
Railgun (RAIL) surged roughly 70%, underlining investor appetite for privacy infrastructure tied to shielded transactions and zero-knowledge proof systems.
The rally coincides with the “Uptober” narrative that has lifted sentiment across the wider crypto market, with privacy tokens emerging as standout performers amid renewed speculation and growing demand for decentralized anonymity solutions.