- Privacy-focused cryptocurrencies like Zcash, Dash, and Railgun have surged as traders rotate into the once-forgotten privacy sector amid a lull in broader market narratives.
- The renewed rally, fueled by fresh technological updates and rising regulatory discussions.
Privacy tokens are roaring back to life as capital rotates into one of crypto’s oldest yet most controversial sectors. With broader market liquidity still searching for a dominant narrative, investors appear to be revisiting privacy-focused projects that once defined the 2017–2018 bull cycle.
According to data from CoinGecko, privacy tokens have gained an average of 15% over the past 24 hours, with volumes surging across major exchanges. Zcash (ZEC) leads the pack with a staggering 34.5% daily gain, pushing its seven-day rally to over 85%.
ZEC’s price now stands near $240.38, making it the best-performing large-cap token in the market. Trading volume has exploded to $1.1 billion in the past day, underscoring the renewed demand for digital anonymity.
Zcash isn’t the only privacy play catching fire. Dash (DASH) has climbed to $44.14, Decred (DCR) trades at $20.20, Verge (XVG) hovers around $0.0087, and Tornado Cash (TORN) has jumped to $20.44, all recording double-digit percentage gains.
Meanwhile, Railgun’s RAIL token has stolen the spotlight, soaring more than 117% in 24 hours and over 300% for the week, as traders pile into its smart contract–based privacy system.
The rally arrives as Bitcoin (BTC) consolidates just below $121,000 and Ether (ETH) trades near $4,350, suggesting traders are rotating profits from major assets into niche sectors. “What stands out is how capital is rotating into the once-forgotten privacy sector at the exact moment broader liquidity is still searching for a narrative,” one analyst noted.
Tech Catalysts Drive Gains
The recent surge isn’t purely speculative. Several fundamental developments have reignited investor interest. Monero’s (XMR) developers rolled out the “Fluorine Fermi” update on Friday, enhancing user protection against network surveillance and spy nodes. Zcash saw momentum from Zashi, its new mobile wallet that now supports cross-chain swaps into shielded ZEC.
Meanwhile, Railgun’s growth reflects heightened attention to its privacy-preserving smart contracts, enabling shielded DeFi transactions on Ethereum and other chains. Even Dash, long considered a relic, is seeing renewed attention as traders revisit its payments narrative amid revived global conversations about stablecoin regulation.
Back-to-Roots Trade
This “back-to-roots” trade aligns with a broader regulatory and macroeconomic backdrop. With discussions around financial surveillance, central bank policy shifts, and censorship resistance heating up, investors appear to be positioning ahead of a longer regulatory cycle.
Historically, privacy coins have outperformed when concerns about oversight or compliance dominate headlines. The current setup feels familiar: a U.S. government shutdown has delayed key economic data releases, central banks are turning dovish, and debates about transaction privacy are resurfacing online.
That mix, combined with the cooling of major assets, may be giving privacy coins their strongest narrative tailwind in years. For now, Zcash, Dash, and Railgun are showing that the appetite for anonymity in crypto is far from gone, it’s simply been waiting for its moment to return.