Bitcoin legt satte 4 % zu und klettert auf 119.450 US-Dollar, womit pünktlich zum Start in den Oktober ein mehrwöchiges Hoch erreicht wird.
Dash price soars 35% to $38 as privacy coins rally; analysts eye breakout toward $60
- Dash price jumped 35% to above $38, trending near the key resistance zone at $40.
- Analysts say breakout is possible but key support remains $26 area.
- DASH gained as privacy coins Zcash and Monero rose to lead the market gainers.
Dash (DASH) price has surged 35% in the past 24 hours as top privacy coins rally.
The Dash token’s value topped $38 as of early Thursday, riding overall gains that have seen Zcash lead privacy coins amid a spike to above $150.
Dash joins the crypto party at a time when bulls are targeting the October uptick that could catapult alts to new highs.
Dash price jumps 35% to near key level
As noted, Dash which is currently trading at $36.69,rose as privacy coins showed gains.
The uptick for ZEC and Monero aided Dash’s impressive 35% leap today. A lot of the upside outlook is down a confluence of this, plus technical and broader macroeconomic catalysts.
In particular, the reaction on Wall Street as the US government officially shut down and capital rotation into top cryptocurrencies looks to fuel DASH bulls.
Privacy coin momentum: Dash mirrors ZEC, XMR gains
The cryptocurrency landscape is currently trending bullish, and one sector witnessing a robust revival is that of privacy coins.
While top coins see notable traction amid ETF and treasury asset moves, small caps like Dash are taking in inflows as concerns over data privacy and regulatory overreach continue.
Monero (XMR) and Zcash (ZEC) are top coins in the privacy coins market. Support for ZEC by Grayscale with a Zcash Trust saw the token’s price skyrocket to highs last seen in April 2022.
Monero, also notching privacy-related momentum, gained over 10%. Dash price is mirroring this as its adoption gains further traction.
Market data reveals a 15-20% average uptick across the sector in the last month, with transaction volumes of privacy-focused tokens rising significantly year-over-year.
DASH price forecast: Is $60 next target?
For Dash, the last 24 hours have seen trading volumes across exchanges jump over 385% to over $400 million. This increase in volume signals potential upside continuation.
Crypto traders and analysts at Alpha Crypto Signal shared the update below on the DASH price.
“$DASH has exploded out of its long-standing horizontal channel after months of sideways consolidation,” they posted on X.”DASH had been trapped between 18–26 for almost half the year, building a strong base. The recent surge finally broke through the channel resistance with heavy volume, confirming a bullish breakout.”
The analysts noted that the key level to watch is the $35-$40 zone, with a breakout above this threshold critical to bulls’ ambitions. Gains to $60 or higher could be next amid broader market movements.
However, if profit-taking takes hold, the Dash price could dip to support around $26.
“As long as price holds above the former resistance at 26, the breakout remains valid and buyers stay in control. Another strong showing from the privacy coin sector,” the analysts added.
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USDT, USDC duopoly in Stablecoin declines as competition and regulation reshape the market
- USDT and USDC drop to 83.6% market share as rivals like USDe, PYUSD, and bank coins gain ground.
- Ethena’s USDe surges to $14.7B, leading new yield-bearing stablecoins reshaping the market.
- ING, UniCredit, JPMorgan, and Citi push into stablecoins, challenging Tether and Circle’s dominance.
Tether’s USDt (USDT) and Circle’s USDC (USDC), the two largest stablecoins by market capitalization, are showing signs of losing their long-standing dominance in the digital asset sector.
Despite both tokens growing in absolute market cap, their combined market share has fallen by more than 5% over the past year, suggesting a shifting landscape for stablecoins.
According to data from DefiLlama and CoinGecko, USDT and USDC’s share of the stablecoin market dropped from 89% a year ago to 83.6% as of October 2025.
Industry analysts say this marks the beginning of a new phase in which alternative issuers — including startups and banks — are positioning themselves to challenge the duopoly.
USDT and USDC’s market share decline
The peak of USDT and USDC’s combined dominance came in March 2024, when the stablecoin market was valued at $140 billion.
At that time, Tether held approximately $99 billion in circulation, and Circle’s USDC accounted for $29 billion, together representing 91.6% of the market.
Since then, the dominance has steadily declined.
By October 2024, USDT and USDC represented 89% of the sector, and at present, they hold just 83.6%.
That reflects a 5.4% drop over the past year and a 3.4% decline since January.
Nic Carter, a partner at Castle Island Ventures, highlighted the trend in a post on X titled “The stablecoin duopoly is ending.”
He attributed the decline to three primary factors: competition from intermediaries, an intensifying race to attract users with yield-bearing stablecoins, and shifting regulatory dynamics following the introduction of the US GENIUS Act.
New Stablecoin challengers emerge
Carter noted that several new players have gained traction in the past year, reshaping the stablecoin landscape.
Among them are Sky’s USDS (USDS), Ethena’s USDe (USDE), PayPal’s PYUSD (PYUSD), and World Liberty’s USD1 (USD1).
Ethena’s USDe has been particularly notable, growing to a $14.7 billion supply by offering holders yields derived from crypto basis trades. Carter described USDe as “the biggest success story of the year.”
Other issuers, including Ondo with USDY, Paxos with USDG, and Agora with AUSD, are also entering the market with similar yield-bearing structures.
While regulatory scrutiny has intensified under the GENIUS Act, particularly around yield products, Carter believes the trend of offering returns to stablecoin holders will continue.
Meanwhile, Circle is exploring ways to introduce yield features for USDC in partnership with Coinbase, signaling that incumbent issuers may adapt to the competitive pressure.
Banks enter the Stablecoin arena
Beyond fintech startups, traditional banks and financial institutions are also moving into the sector.
Carter suggested that bank-led stablecoin consortia have the strongest potential to rival Tether, as no single bank has the reach to scale a stablecoin alone.
Recent developments support this prediction.
In September, Dutch bank ING announced a joint venture with Italy’s UniCredit and seven additional European lenders to build a euro-denominated stablecoin.
The project, designed to comply with Europe’s Markets in Crypto-Assets (MiCA) regulation, is expected to launch in the second half of 2026.
In the US, a stablecoin initiative involving JPMorgan and Citigroup has also been reported, with Carter predicting that such collaborations could fundamentally alter the balance of power in the market.
As competition accelerates, USDT and USDC may retain their leading roles but face an increasingly fragmented environment.
The shift marks a critical phase for the industry, where regulatory oversight, yield innovation, and institutional adoption are set to reshape the global stablecoin market.
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Ethereum-Kurs nimmt 10.000 US-Dollar dank „Bullenflagge“ ins Visier
Ethereum bereitet sich auf den Ausbruch aus einer Bullenflagge vor und könnte in Folge dessen auf bis zu 10.000 US-Dollar klettern, denn die Rahmenbedingungen verbessern sich langsam wieder.
Avalanche-Kurs von neuem Treasury-Unternehmen beflügelt
Die Avalanche Treasury Co. plant im Anschluss an einen SPAC-Deal massive Investitionen in AVAX und will neben seiner Treasury-Strategie auch aktiv am Blockchain-Netzwerk teilnehmen.