Privacy-focused DASH coin has been grinding higher for days, with buying pressure building steadily before accelerating in the latest session. The token jumped over 60% over the past 24 hours to around $57, extending its weekly gain to around 40%.
Trading activity increased significantly during the move, with 24-hour trading volume jumping over 900% to about $957 million. This suggests quick short-covering rather than slow accumulation. The rise shows renewed interest in privacy assets, better access to fiat currency, and a clear break from a long-term trading range.
Privacy Tokens Rally as Regulatory Pressure Reshapes Capital Flows
Dash coin advanced alongside other privacy-focused assets, with Monero (XMR) hitting new highs and up more than 50% on the week, and Zcash (ZEC) also participating in the move. Regulatory developments acted as a catalyst rather than a headwind.
The EU’s DAC8 tax reporting framework, effective January 1, 2026, and Dubai’s decision to ban privacy tokens in the DIFC highlighted transactional privacy as a scarce and increasingly regulated feature, pushing capital toward established networks.
That rotation intensified after Zcash’s developer team resigned on January 7, disrupting confidence in one of the sector’s primary competitors. Traders redirected exposure toward DASH, which offers optional privacy through PrivateSend while maintaining broad exchange support.
At the same time, Dash partnered with Alchemy Pay, enabling fiat-to-Dash transactions in 173 countries via over 300 payment methods. This partnership significantly expanded access, opening the cryptocurrency to a broader potential customer base beyond those already familiar with crypto technology.
Dash also announced upcoming ecosystem development, including a Q1 2026 decentralized social media platform with encrypted messages and peer-to-peer tipping, which underscores use cases beyond just payment transactions.
DASH Price Breaks Range Highs After Short Liquidations
The Dash coin rally followed months of tight consolidation, with the price breaking decisively above its 50-day and 200-day moving averages, which were clustered between $39 and $45. That move triggered more than $4.9 million in short liquidations within 24 hours, accelerating upside momentum as bearish positions were forced to cover.
Vuori Trading notes that Dash rebounded from a long-term support zone near the mid-$30s, completing a falling-wedge pattern and signaling a momentum reset rather than a late-cycle breakout. The analyst highlights former resistance near $48 as a key technical pivot, now acting as first-line support following the breakout.
On lower timeframes, volatility expanded sharply. Dash crypto has pushed above the Bollinger Band midline, with the upper band extending into the mid-$60s, indicating a phase of volatility expansion. Hourly RSI also climbed into the mid-60s and briefly approached the low-70s, confirming strong bullish momentum while signaling rising short-term consolidation risk.
Volume confirmed the move, surging alongside the breakthrough range highs and validating the rally as liquidity-driven rather than isolated price action. Trend structure remains pointed higher, with momentum indicators aligned and no major bearish divergence evident, as traders watch whether DASH coin can hold above reclaimed averages following the liquidation-driven repricing.
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