CryptoQuant Report Highlights Significant Gains in Privacy Coins
Cryptocurrency data firm CryptoQuant has released a comprehensive report detailing the recent boom in privacy-focused altcoins. The data indicates that many of these coins, with Zcash (ZEC) leading the charge, are experiencing their strongest price and volume movements of 2025.
The report from CryptoQuant outlines the notable price increases observed since the "privacy coin craze" began on September 31, 2025. The results have been remarkable, showcasing significant growth across several key privacy-themed cryptocurrencies.
Top Performing Privacy Coins by Price Increase:
- Zcash (ZEC): +707%
- Dash (DASH): +263%
- Verge (XVG): +44.2%
- Secret Network (SCRT): +41%
- Monero (XMR): +23.7%
Zcash (ZEC) has notably outperformed all its competitors, taking the lead in both price appreciation and trading volume during this surge.
Dominance in Derivatives and Spot Markets
CryptoQuant's analysis further reveals ZEC's superior performance not only in the spot market but also in the derivatives trading arena. This widespread dominance underscores the strong investor interest in the privacy coin.
Market Cap of Leading Privacy Coins:
- ZEC: $20.0 billion
- DASH: $5.41 billion
- XMR: $461.85 million
- XVG: $403.98 million
- SCRT: $228.25 million
The momentum behind privacy-themed projects is substantial, with these cryptocurrencies now representing approximately 6% of the total trading volume in the broader crypto market. According to CryptoQuant, this figure marks one of the highest levels seen in recent years.
Retail Investor FOMO and Market Sentiment
The report highlights a significant uptick in futures trading volumes among retail investors, particularly for ZEC and DASH. CryptoQuant interprets this trend as an indicator of growing Fear Of Missing Out (FOMO), suggesting the beginning of a strong market wave driven by retail participation.
This analysis provides valuable insights into the current market dynamics and the increasing appeal of privacy-focused cryptocurrencies.