Despite the overall cryptocurrency market experiencing a downturn, privacy coins like DASH and ZCash experienced remarkable growth this week. These coins surged to new highs, defying the bearish trend. DASH gained 175.6% in just one week and 263.8% over the past month, while Zcash witnessed an impressive jump of 62.5% in the same timeframe. This rally took place despite Bitcoin and Ethereum losing ground, with Bitcoin dropping 4.3% and Ethereum dropping 10.4%. Dash’s price has surged to its highest level since 2022 after recovering from a summer dip, reaching $110, a fivefold increase over the past six months. Zcash, meanwhile, saw an incredible surge of over 300% in the last month alone, climbing back to its 2018 highs of $108. Analysts attribute this resurgence to the growing popularity of decentralized finance (DeFi) applications and increased institutional investments.