Amid growing privacy concerns in October, Dash (DASH) has emerged as a strong contender for a breakthrough, alongside leading privacy coin Zcash (ZEC).
Many analysts believe that DASH could soon return to the $100 level or even higher. What supports this prediction? The analysis below explores four key factors behind this potential move.
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1. Growing interest in privacy coins
According to a recent report from Milkroad, only two sectors remained profitable over the past month: exchange tokens and privacy coins. The report features Zcash, Dash, and Monero as key representatives of the privacy coin resurgence.
Society’s growing concern about privacy was the first major impetus for Dash’s resurgence. Analysts note that privacy coins are among the best performing groups on the market, posting average returns of over 60%.
Search interest and media coverage of privacy-focused cryptocurrencies has also reached its highest level since 2017, suggesting that a “privacy culture” within blockchain is reawakening.
2. Explosive trading volume
Dash’s daily trading volume in October hit a record high of over $600 million. According to CoinGecko data, the current daily volume remains in the $200 million to $300 million range, 10 times higher than at the beginning of the month.
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The last time DASH saw this much volume was in early 2021, when a surge in activity accelerated its rally to $400.
This new trading activity indicates increased investor confidence in altcoins and could be the basis for another bullish move that could mirror the rally seen in 2021.
3. Whale accumulation
Another bullish sign comes from the accumulation patterns of the top DASH wallets.
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According to data from BitInfoCharts, DASH holdings among the top 100 addresses have increased from 25% of total supply at the beginning of 2025 to more than 36%, the highest in a decade.
Even after DASH rose more than 100% in October, the concentration of supply to large holders has not decreased. This stability indicates that the whales have not taken profits yet and suggests continued confidence and readiness for further upside.
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4. Technical breakout
From a technical perspective, DASH confirmed a breakout from a multi-year downward wedge pattern during volatile price action in October.
This breakout is a classic bullish signal that often precedes major upward momentum. Analysts believe this could push DASH prices above $100 in the coming weeks.
“Dash could reach $100 soon, and if things get hot, it could go above $200,” said founder and CEO Joanne Wesson.
Alphactal, prophecy.
Despite these encouraging signs, these catalysts are short-term in nature. If market interest cools, trading volume declines, or whales start distributing their holdings, DASH’s ability to maintain growth will depend on how widely adopted it is in the real world.
Ultimately, DASH’s sustained growth will require more than market excitement. It all depends on whether the coin can demonstrate true utility and continued demand in the broader cryptocurrency ecosystem.
