As privateness issues surge in October, Sprint (DASH) emerges as a powerful contender for a serious breakout alongside Zcash (ZEC), the main privateness coin.
Many analysts imagine DASH might quickly return to the $100 mark, and even go greater. What helps this prediction? The next evaluation explores 4 foremost drivers behind this potential transfer.
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1. Rising Curiosity in Privateness Cash
In accordance with a current report from Milkroad, solely two sectors remained worthwhile over the previous month: alternate tokens and privateness cash. The report highlights Zcash, Sprint, and Monero as key representatives of the privateness coin resurgence.
The rising public curiosity in privateness has change into the primary main catalyst behind Sprint’s rebound. Analysts note that privateness cash have been the best-performing group out there, posting a median acquire of greater than 60%.
Search curiosity and media protection for privacy-focused cryptocurrencies have additionally reached their highest ranges since 2017, suggesting that the “privacy culture” within blockchain is awakening once again.
2. Explosive Buying and selling Quantity
Sprint’s every day buying and selling quantity in October reached a report excessive of over $600 million. Data from CoinGecko reveals that the present every day quantity stays within the $200–$300 million vary, 10 occasions greater than in the beginning of the month.
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The final time DASH noticed such sturdy quantity was in early 2021, when the surge in exercise fueled a rally to $400.
This renewed buying and selling exercise alerts rising investor confidence within the altcoin and will present the muse for one more bullish transfer, doubtlessly mirroring the rally seen in 2021.
3. Whale Accumulation
One other bullish signal comes from the buildup sample amongst prime DASH wallets.
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Information from BitInfoCharts reveals that the highest 100 addresses have increased their DASH holdings from 25% of the whole provide in early 2025 to greater than 36%, marking a 10-year excessive.
The focus of provide amongst massive holders has not decreased, even after DASH rose over 100% in October. This stability signifies that whales will not be taking earnings but, suggesting continued confidence and readiness for one more leg up.
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4. Technical Breakout
From a technical perspective, DASH has confirmed a breakout from a multi-year descending wedge sample throughout October’s risky value motion.
This breakout is a traditional bullish sign that usually precedes main upward momentum. Analysts imagine it might propel DASH to $100 or past within the coming weeks.
“Sprint might quickly attain $100, and if issues warmth up, it might bounce previous $200,” Joao Wedson, Founder & CEO of
Alphractal, predicted.
Regardless of these constructive indicators, these catalysts are short-term in nature. If market interest cools, buying and selling quantity declines, or whales start distributing their holdings, DASH’s ability to sustain its growth will depend upon how broadly it achieves real-world adoption.
Finally, lasting development for DASH would require greater than market pleasure—it should depend upon whether or not the coin can reveal real utility and continued demand within the broader crypto ecosystem.