- Dash price surged 44%, reaching nearly $50 — its highest level since December 2024.
- Tornado Cash also climbed, while tokens such as Verge and Decred mirrored gains in Zcash.
- Privacy coins are signaling a comeback as the crypto market rotates back into older, privacy-focused assets.
Privacy-focused cryptocurrencies staged a notable comeback this week. Dash (DASH) jumped more than 44%, and sizable gains were recorded in Verge (XVG) and Tornado Cash (TORN).
The rally followed a sharp run-up in Zcash (ZEC) over recent weeks, which appears to have reignited investor interest in privacy-oriented digital assets.
By Friday, DASH, TORN and XVG showed renewed momentum, supported by rising trading volumes and a revival of bullish sentiment reminiscent of the 2017 crypto market, when privacy coins were among the top performers.
DASH surges 40%, leading the privacy coin rebound
While Zcash captured headlines with its parabolic advance over the past several weeks, Dash quietly tracked a similar trajectory.
At the time of writing, October 10, 2025, the privacy coin was leading its peer group in 24-hour gains.
According to CoinGecko, the altcoin posted roughly 44% gains on the day, trading around $44.20.
Price tested intraday highs near $47.80 as daily trading volume jumped about 165% to roughly $384 million.
The rally pushed Dash higher after it cleared a critical resistance level at $32, driven by both technical and fundamental catalysts.
Broader strength across privacy coins was a key driver, while growing institutional interest and adoption momentum for DashPay also boosted sentiment.
A re-test of the psychological $50 barrier could trigger short-term consolidation, while bulls may set their sights on $100 if momentum holds.
In the event of sustained optimism amid broader market volatility, medium-term targets could extend to $200 and the 2021 highs above $400.
However, the weekly RSI points to a potential pullback.
DASH price chart from TradingView
Horizen, Tornado Cash and others rally
Dash’s surge is part of a broader, synchronized rally sweeping the privacy coin sector, which has gained traction as interest in zero-knowledge technologies and privacy-focused protocols grows.
CoinGecko data shows the sector rose about 14% in the past 24 hours, led by Verge (XVG) — up 21% to $0.008 — and Tornado Cash (TORN), which jumped 26% to $18.95.
These gains mirror Zcash’s rapid advance — ZEC recently reached around $268 on major exchanges — helping to fuel generalized bullish sentiment.
Railgun (RAIL) also climbed roughly 70%, reflecting investor enthusiasm for privacy infrastructure tied to shielded transactions and zero-knowledge proof systems.
The rally aligns with the broader “Uptober” narrative that has lifted market sentiment across crypto, with privacy tokens emerging as notable outperformers amid renewed speculation and rising demand for decentralized anonymity solutions.