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While the broader cryptocurrency market struggles under heavy selling pressure, DASH coin has emerged as an unlikely leader, staging one of the most remarkable comebacks in recent months.
The privacy-focused coin has surged more than 49% in the past 24 hours and over 150% in the past week, defying the downturn that has gripped most major coins.
Renewed investor interest in privacy coins, exchange listings, and strong technical momentum have all helped fuel DASH’s latest explosive rally.
As Bitcoin and other leading assets face growing regulatory scrutiny, investors have increasingly turned to privacy coins such as DASH, Monero, and Zcash.
This shift in sentiment comes as governments prepare to tighten transparency and reporting standards ahead of 2026, prompting traders to seek digital assets with built-in privacy features.
DASH’s optional “PrivateSend” feature has drawn attention from long-term holders who view it as a hedge against excessive surveillance.
Notably, the privacy narrative has grown stronger in recent weeks, with capital rotation clearly visible in market flows.
Alongside Monero’s 23% and Zcash’s 26% gains, DASH’s performance stands out as investors pour into assets that promise discretion in transactions.
Adding to the bullish momentum, DASH coin was recently listed on Aster DEX, a decentralised exchange backed by Binance.
New Perp Listings Alert!$ZK and $DASH are live on Aster Perpetual with up to 5x leverage.
Trade now to enjoy a 1.2x symbol boost until 23:59 UTC 9 Nov.
$ZK ( @zksync ): https://t.co/WDWG07xywm
— Aster (@Aster_DEX) November 2, 2025
The listing introduced 5x leveraged perpetual trading, dramatically increasing liquidity and visibility for the coin.
Trading volume skyrocketed to over $2 billion in 24 hours, up 156% from the previous day, while open interest in derivatives surpassed $100 million — the highest level in years.
This surge in speculative activity signalled not only renewed trader confidence but also growing belief in DASH’s longer-term value proposition.
From a technical perspective, DASH has broken out of a prolonged 968-day downtrend, climbing from the $50 region to above $130.
All major exponential moving averages (EMAs) — the 20, 50, 100, and 200 EMAs — are now aligned in bullish formation, confirming a strong uptrend.
Momentum indicators, however, suggest caution.
The relative strength index (RSI) recently peaked above 93, signalling overbought conditions after the coin’s parabolic rise.
Despite this, the $100 to $120 range is viewed as a critical support zone. If bulls can defend this level, DASH could extend its rally toward $150 and possibly $170–$180 in the near term.
Conversely, a drop below $100 may invite profit-taking and push the price toward $85–$90, areas that coincide with key Fibonacci retracement levels.
Whale accumulation has also played a significant role in the latest surge.
According to Illia Otychenko, a lead analyst at CEX.IO, the top 100 DASH wallets now hold nearly 37% of the total supply — the highest concentration in a decade.
This accumulation trend reflects growing confidence among large holders that the coin’s revival could mark the beginning of a longer bull cycle.
Despite the overheated indicators, the overall sentiment around DASH remains firmly bullish.
The coin’s rally has been supported by broader momentum within the privacy coin sector, rising derivatives activity, and expanding cross-chain integrations through the Maya Protocol.
On-chain inflows recently hit a multi-month high of $4.2 million, suggesting a fresh wave of accumulation and renewed faith in the project’s fundamentals.
However, the broader market backdrop remains uncertain. Bitcoin’s 17% monthly drop and a crypto fear index reading of 27 underline the cautious mood across digital assets.
For DASH, holding above $120 in the coming sessions will be crucial to sustaining its breakout and confirming a trend reversal.
In the near term, traders should watch closely to see whether the DASH price can consolidate above $130 and turn resistance into support.
If the privacy narrative continues to attract capital and liquidity remains high across exchanges, DASH could retain its leadership among privacy coins even as the rest of the market struggles.
Dash price rose 25.84% over the last 24 hours, outpacing rival privacy coins ZCash (ZEC) and Bitcoin. As of Sunday, November 2, Dash trades at $90, marking its first time above the $1 billion market cap since 2022.
Over the past month, privacy coins have witnessed a remarkable resurgence, with ZEC leading the sector until recently. After racking up more than 1,000% gains in the last two months, ZCash faced rejection from the $440 mark on Sunday, dipping 5% intraday. Meanwhile, Bitcoin price remains subdued below $111,000, consolidating amid global macroeconomic uncertainty.
Dash’s rally followed a detailed Saturday post by the project team highlighting its five biggest milestones for 2025. The report detailed the integration of DashSpend, which now enables users to make daily purchases directly from the Dash wallet. This feature opens Dash access to hundreds of thousands of merchants globally.
Why is Dash’s price doing so well this month?
Everyone is noticing how well Dash has been doing recently. But this wasn’t an overnight success. We’ve been working very, very hard for years to achieve this.
Thread time!
Here are five big achievements we’ve had over the… pic.twitter.com/zXkDrWMu6K
— Dash (@Dashpay) November 1, 2025
Dash announced its integration into Maya Protocol, a cross-chain decentralized exchange that expands global demand for Dash. The report also mentioned the rollout of Dash Evolution, a new blockchain designed to support the introduction of usernames and smart contracts.
The timing of the rally suggests the post rekindled investor enthusiasm, drawing attention from privacy coin bulls seeking profitable plays as Bitcoin and Zcash retreated over the weekend.
Dash price hit 300% gains for 2025, on Nov 2 | Source: Coinmarketcap
Dash’s latest 25% rally to $90 on Sunday, November 2, brings its 30-day gains to 157% and year-to-date performance to over 300% for 2025, according to Coinmarketcap data.
Now trading at three-year peaks, Dash has drawn renewed interest from bullish traders betting on continued upside momentum.
Coinglass’ latest derivative data trends confirm this narrative. Dash’s derivatives trading volume soared 166.23% intraday to $1.37 billion, while open interest climbed 37.13% to $86.57 million. This indicates the rally is driven by a significantly larger influx of new capital, rather than merely strategic squeezes on short positions.
Dash Derivative Market Analysis | Source: Coinglass
Looking ahead, traders could be eying a move toward Dash’s all-time high price of $95 recorded in 2017. The Long/short ratio at 1.04 confirms that the majority of new Dash futures contracts deployed on Sunday were bullish.
Conversely, short-term profit-taking could prompt a pullback toward $53, the initial local high formed when its current 3-day winning run kicked off on Friday.
While privacy coins continue to draw investor interest in 2025, early-stage projects with AI-powered features are also gaining traction.
Best Wallet integrates multi-chain interoperability with institutional-grade multi-signature security in its user-friendly custodial wallet.
Best Wallet Presale
Designed to challenge traditional players in the $26 billion crypto custody industry, Best Wallet introduces AI features for smart risk monitoring to help users optimize trades and manage assets in multiple chains.
The Best Wallet presale has now raised $16.8 million, reflecting strong investor confidence ahead of its public launch. Early participants can still obtain BEST tokens at $0.026 from the official website, before the next price tier unlocks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
While Ethereum developers are working hard to develop on-chain scaling solutions, including Sharding, layer-2s is picking up steam. According to L2Beat, as of September 6, all these layer-2 scaling solutions managed nearly $34 billion.
Popular as they are, most are not only emerging to be centralized but also have security concerns. Recently, the OP Mainnet had to revert to a centralized fault-proof system after finding flaws in the decentralized version.
In light of these weaknesses, Justin Boons, the founder and CIO of Cyber Capital, a venture capital firm, is ripping harder into Ethereum and, specifically, its layer-2 platforms. In a post on X, the founder argues that layer-2s like Arbitrum and Base are fundamentally flawed and centralized services.
Boons took to X, highlighting the shortcomings of Ethereum developers. The founder accuses them of not scaling right after launching and how “parasitic” layer-2 solutions are turning out to be. Despite their advantages, Boons claims these off-chain solutions create an unhealthy dependency.
Interestingly, the founder continued that Ethereum is becoming highly dependable on these solutions, though they don’t adhere to the guiding principles governing the blockchain: decentralization.
The venture capital is convinced that Ethereum layer-2s are taking advantage of the popularity of the mainnet not to advance its adoption but to profit.
Their decision to sacrifice decentralization (and thus security) will, at the fullness of time, only serve to undermine the entire ecosystem. In his view, platforms like Base, Arbitrum, and the OP Mainnet shouldn’t be considered “extensions” of the base layer due to their inherent weaknesses.
As Boons criticized Ethereum and its dominant scaling options, the founder backed Dash, one of the earliest blockchain platforms. Unlike the off-chain solutions, Dash, the venture capitalist said, prioritized scaling from the beginning.
Specifically, Boons also chose the blockchain’s decision to select a decentralized governance approach. Their move, the founder added, will “benefit” them in the coming days.
Still, though there are challenges with layer-2s, Ethereum developers are working to refine the mainnet. Ethereum 2.0 will deliver on-chain scaling without sacrificing security and decentralization in a series of upgrades, from the Verge to Splurge.
At the same time, the approval of spot Ethereum ETFs is a huge endorsement of the network. Though the United States Securities and Exchange Commission (SEC) is yet to publicly endorse ETH to be a commodity, like Bitcoin, the Commodity Futures Trading Commission (CFTC) considers it a commodity.
Though one of the earliest platforms, Dash has faded into obscurity in recent years. It is outside the top 100 most valuable networks and faces liquidity challenges after delisting from some centralized exchanges like HTX.
Feature image from Canva, chart from TradingView
Crypto Market News: Several privacy coins including Monero (XMR), Zcash (ZEC) and Dash (DASH) are set to be disabled for trading in France by the world’s top crypto exchange Binance. Translation of emails received by users residing in France that the exchange cited “local regulatory requirements” as reason to disable trading of the crypto assets in the country. The emails, received on Wednesday, said the restrictions on the crypto tokens will be effective from June 26, 2023. As a result, the top privacy coins dropped in value immediately.
Also Read: Court Rules in Favor of IRS in Coinbase Documents Seizure Case
The new restrictions on privacy coins adds to the growing concerns of the crypto market in terms of regulatory scrutiny. In the form of the U.S. Securities and Exchange Commission (SEC), the crypto industry participants are facing the biggest stumbling block in the most important financial market, the United States.
The email from Binance said,
“From June 26, 2023, users residing in France will no longer be able to buy or sell the following Enhanced Anonymity (“EAC”) crypto-assets on our platform:
DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, XMR, MOB”
Privacy coins come across as a category of cryptocurrencies that offer privacy and anonymity. However, these coins face criticism over the potential risk of misuse for illegal activities like money laundering. Read More to know about privacy coins
On Wednesday, Zcash price took a 24 hour drop of 3% while Monero price took a drop of over 2%.
Also Read: Terra Classic Dev L1TF Unveils Edward Kim AI Chain “Block Entropy”, LUNC Price To $1
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
