On Nov. 6, privacy coins experienced a market-defying rally, with ZEC and DASH leading the way. Their collective market capitalization increased by 8% to $26.6 billion.
ZEC and DASH Lead Privacy Coin Rally as Sector Market Cap Jumps 8% to $26.6 Billion
This article was published more than a month ago. Some information may no longer be current.
WRITTEN BY
SHARE
ZEC Overtakes High-Cap Altcoins
Privacy coins continued their market-defying rally on Nov. 6, with Zcash (ZEC) and Dash ( DASH) again leading the surge that pushed their collective market capitalization up 8% to $26.6 billion. Although trading volume was lower than the previous 24 hours, most privacy coins posted significant gains ranging from 3% to 20%.
ZEC, which recently toppled Monero ( XMR) to become the top privacy coin by market capitalization, rose 16.8%, boosting its market cap to $8.84 billion. The latest surge also propelled ZEC past high-cap altcoins such as Avalanche (AVAX), Hedera (HBAR), and Stellar ( XLM) in the rankings.
As of Nov. 6 (9:25 a.m. EST), ZEC was trading above $540, placing it as the No. 25 digital asset by market cap. Since Sept. 1, when it traded around $40, ZEC has gained 1,260%. According to Bitcoin.com News, one key catalyst behind ZEC’s explosive rally is the vocal support and endorsement it received from BitMEX founder Arthur Hayes and other prominent figures. This high-profile attention contributed to the coin’s momentum and generated significant investor sentiment.
Meanwhile, DASH jumped nearly 15% to just under $120, pushing its seven-day gains above 170% and making it one of the few privacy coins with double-digit gains in 24 hours. Like others in the sector, DASH has benefited from the growing “private meta” trend among investors.
Railgun (RAIL) posted a 14% gain to reach $3.78. Over the past seven days, RAIL is up 51%, and 192% over the past 30 days. However, at the time of writing, it remained 30% below its all-time high of $5.48 set on Oct. 10.
Among the 99 privacy coins tracked by Coingecko, Ryo Currency was the top performer, rising just over 100%. PRCY and CHAPO saw the steepest declines, falling 52.4% and 56.2%, respectively.
FAQ ❓
- Why are privacy coins surging in November 2025? Privacy coins like ZEC and DASH rallied on Nov. 6, boosting their market cap by 8% to $26.6B.
- How much has Zcash (ZEC) gained recently? ZEC rose 1,260% since Sept. 1, overtaking Monero and ranking No. 25 by market cap.
- What is driving investor interest in privacy coins? Endorsements from figures like Arthur Hayes and the “private meta” trend are fueling demand.
- Which privacy coins showed the biggest moves? Ryo Currency led with a 100% gain, while PRCY and CHAPO posted steep declines.
