- Dash price exploded 44% and approached the $50 mark, the highest level since December 2024.
- Tornado Cash also rose, while tokens like Verge and Decred mirrored Zcash’s gains.
- Privacy coins are signaling a bullish return as the crypto market embraces older privacy-focused projects.
Privacy-focused cryptocurrencies experienced a strong comeback this week, with Dash (DASH) surging more than 44% and notable gains recorded for Verge (XVG) and Tornado Cash (TORN).
The rally followed a sharp rise in Zcash (ZEC) over recent weeks, which appears to have rekindled investor interest in privacy-oriented digital assets.
By Friday, DASH, TORN and XVG had regained bullish momentum, supported by rising trading volumes and renewed sentiment reminiscent of the 2017 crypto bull run, when privacy coins were among the market’s best performers.
DASH surges 40% to lead privacy coins
While Zcash dominated headlines in recent weeks with a parabolic rally, Dash quietly mirrored the uptrend.
At the time of writing on October 10, 2025, the privacy coin led its peers in 24-hour gains.
According to CoinGecko, the altcoin posted roughly 44% intraday gains and changed hands near $44.20.
Dash price tested highs near $47.80, with a 165% jump in daily volume to around $384 million.
The rally extended gains after Dash cleared a key resistance level at $32, driven by both technical and fundamental catalysts.
Overall, renewed demand for privacy coins was a primary driver of the move, while growing institutional interest and traction for DashPay added bullish momentum.
Re-testing the psychological $50 barrier could prompt a short-term recalibration, with bulls potentially targeting $100.
If the optimistic mood endures amid broader market volatility, medium-term targets include $200 and the 2021 highs above $400.
That said, the weekly RSI suggests a possible pullback.
DASH price chart via TradingView
Horizen, Tornado Cash also climb
The rise in Dash is part of a broader, synchronized rally across the privacy coin sector, which gained momentum amid renewed interest in zero-knowledge technologies and privacy protocols.
CoinGecko data shows the segment rose about 14% over the past 24 hours, led by Verge (XVG) — up 21% to $0.008 — and Tornado Cash (TORN), which jumped 26% to $18.95.
Those gains reflect Zcash’s explosive run, which recently reached $268 on major exchanges and helped spark widespread bullish sentiment.
Railgun (RAIL) also climbed roughly 70%, highlighting investor enthusiasm for privacy infrastructure tied to shielded transactions and zero-knowledge systems.
The rally coincides with the broader “Uptober” narrative that lifted sentiment across crypto markets, with privacy tokens emerging as standout performers amid renewed speculation and rising demand for decentralized anonymity solutions.