Railgun (RAIL) hit a new high today amid a bullish rally that has propelled the price over 300% over the past week.
The surge comes amid renewed momentum in the privacy coin market, with major privacy-focused cryptocurrencies also posting strong gains throughout October.
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Railgun (RAIL) Price and TVL soar in October rally
Railgun is a privacy-focused protocol on Ethereum (ETH). This will allow users to use zk-SNARKs to shield transactions, exchange tokens, and operate DeFi protocols confidentially. RAIL, the protocol’s native token, has experienced an impressive rise recently.
According to data from BeInCrypto Markets, the value of altcoins has increased by 330% in the past week. In early Asian trading that day, the dollar hit a record high of $5.48.
At the time of writing, RAIL’s price has adjusted to $5.3, an increase of 107.6% over the past day. This rise also made this coin the top daily gainer on CoinGecko.
In addition to prices, the network itself has also seen significant growth this month. According to data from DefiLlama, total value locked (TVL) increased by nearly 7% in October and is nearing an all-time high. At the time of writing, the amount is $113.09 million.
“@RAILGUN_Project ( $RAIL ) has emerged as one of @ethereum’s leading privacy solutions. In 2025, Railgun’s monthly trading volume averaged $151.4 million,” the analyst highlighted.
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Why are railguns increasing rapidly?
Railgun’s success coincides with explosive growth across the broader privacy coin market. Privacy coins have emerged as one of the best-performing crypto sectors in 2025, outperforming Bitcoin and Ethereum.
Altcoins such as Zcash (ZEC) have recorded notable gains, reaching multi-year highs with most of the sector turning green over the past week. According to data from CoinGecko, the market capitalization of privacy coins rose 15% in the past day to reach $12.9 billion. Meanwhile, trading volume rose to more than $2 billion, reflecting growing investor confidence in privacy-focused assets.
Furthermore, the railgun He secured support from key figures like Vitalik Buterin. he repeating I admired the railgun and used the protocol often as well.
Railgun’s involvement also extends to Kohaku, an SDK for integrating privacy into EVM wallets that the Ethereum Foundation is developing with partners such as MetaMask and OKX Wallet. Kohaku has native support for railguns, which could increase its appeal.
“Privacy is a 1000x opportunity in cryptocurrencies, and ZEC’s lead is positive proof to gain privacy. Institutions and retailers are likely to prefer solutions like Railgun, which integrates with their favorite wallets and can protect stablecoins, DeFi positions, etc.,” the analyst said.
He added that Railgun makes money from a fixed fee of 0.25% when TVL enters and exits the privacy pool. Therefore, as more wallets and DeFi platforms move towards privacy-first strategies, Railgun’s addressable market could expand significantly.
