- Dash price exploded 44% to near the $50 mark, its highest level since December 2024.
- Tornado Cash also spiked as tokens like Verge, Decred mirrored the Zcash price.
- Privacy coins are signalling a bullish comeback as the crypto market embraces older coins.
Privacy-focused cryptocurrencies staged a strong comeback this week, with Dash (DASH) soaring more than 44% and notable gains also seen in Verge (XVG) and Tornado Cash (TORN).
The rally follows a sharp rise in Zcash (ZEC) over recent weeks, which appears to have reignited investor enthusiasm for privacy-oriented digital assets.
By Friday, DASH, TORN, and XVG all showed renewed bullish momentum, supported by increasing trading volumes and a resurgence of sentiment reminiscent of the 2017 crypto bull run, when privacy coins were among the market’s top performers.
DASH explodes 40% to lead privacy coins
While Zcash has dominated headlines amid a parabolic rally in the past few weeks, Dash is quietly mirroring the trajectory.
As of writing on October 10, 2025, the privacy coin led its top peers in 24-hour gains.
As per CoinGecko, the altcoin boasted about 44% in intraday gains to change hands around $44.20.
However, Dash price had tested highs of $47.80 amid a 165% jump in daily volume, which stood around $384 million.
The rally means Dash has extended gains after crossing the critical $32 resistance level, with both technical and fundamental catalysts at play.
Overall, a rally for privacy coins has been a key driver, while institutional interest and traction for DashPay have also injected bullish sentiment.
Retesting the $50 psychological barrier will allow for a short-term recalibration that could see bulls target $100.
If the upbeat mood remains amid broader market volatility, key medium-term targets include $200 and 2021 highs above $400.
Nonetheless, the weekly RSI hints at a pullback.
Horizen, Tornado Cash also rally
The surge in Dash (DASH) is part of a broader synchronised rally sweeping across the privacy coin sector, which has gained renewed momentum amid rising interest in zero-knowledge technologies and privacy-centric protocols.
Data from CoinGecko shows the sector climbed 14% in the past 24 hours, supported by Verge (XVG) — up 21% to $0.008 — and Tornado Cash (TORN), which jumped 26% to $18.95.
These gains mirror the meteoric rise of Zcash (ZEC), which recently hit $268 on major exchanges, sparking widespread bullish sentiment.
Railgun (RAIL) has also surged 70%, reflecting investor enthusiasm 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 broader crypto market, with privacy tokens emerging as standout performers amid renewed speculation and growing demand for decentralized anonymity solutions.
