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DASH jumps 17.5% to $56.85 amid privacy coin rally and Grayscale's Zcash ETF growth

Market News
05 Sep 2026
Blockonomi
View Source
Bullish
DASH jumps 17.5% to $56.85 amid privacy coin rally and Grayscale's Zcash ETF growth

DASH surged 17.5% to $56.85, its highest since May, driven by a rally in privacy coins and Grayscale's spot Zcash ETF surpassing $400M in assets. The token gained about 85% from mid-August lows near $30, supported by bullish technical signals like a golden cross and strong transaction volume. Maintaining support above $52 is key for further gains toward $72, while a drop below risks a retracement to $40 levels. No major Dash project updates explain the rise, suggesting momentum is linked to broader privacy coin interest sparked by Zcash's recent breakout.

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