Privacy-focused cryptocurrencies have experienced a significant surge, with tokens such as ZEC, DASH, XVG, DCR, and TORN gaining between 13% and 85% in the last 24 hours. ZEC has been at the forefront of this rally, driven by renewed interest in privacy features.
The surge is attributed to developments like Monero's 'Fluorine Fermi' update and Zcash's cross-chain swap integrations, which have reignited interest in privacy technologies. Additionally, Railgun's RAIL token saw a remarkable 117% increase, highlighting the growing attention on smart contract-based shielded transactions. This trend emerges amid broader market pauses and ongoing regulatory discussions concerning stablecoins and financial censorship.
Privacy Tokens Rally as Market Focus Shifts to Forgotten Sector
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