These 4 Drivers Could Push DASH to $100 Soon

As privacy concerns surge in October, Dash (DASH) emerges as a strong contender for a major breakout alongside Zcash (ZEC), the leading privacy coin.

Many analysts believe DASH could soon return to the $100 mark, or even go higher. What supports this prediction? The following analysis explores four main drivers behind this potential move.

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1. Rising Interest in Privacy Coins

According to a recent report from Milkroad, only two sectors remained profitable over the past month: exchange tokens and privacy coins. The report highlights Zcash, Dash, and Monero as key representatives of the privacy coin resurgence.

The growing public interest in privacy has become the first major catalyst behind Dash’s rebound. Analysts note that privacy coins have been the best-performing group in the market, posting an average gain of more than 60%.

Search interest and media coverage for privacy-focused cryptocurrencies have also reached their highest levels since 2017, suggesting that the “privacy culture” within blockchain is awakening once again.

2. Explosive Trading Volume

Dash’s daily trading volume in October reached a record high of over $600 million. Data from CoinGecko shows that the current daily volume remains in the $200–$300 million range, 10 times higher than at the beginning of the month.

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The last time DASH saw such strong volume was in early 2021, when the surge in activity fueled a rally to $400.

This renewed trading activity signals growing investor confidence in the altcoin and could provide the foundation for another bullish move, potentially mirroring the rally seen in 2021.

3. Whale Accumulation

Another bullish sign comes from the accumulation pattern among top DASH wallets.

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Data from BitInfoCharts shows that the top 100 addresses have increased their DASH holdings from 25% of the total supply in early 2025 to more than 36%, marking a 10-year high.

The concentration of supply among large holders has not decreased, even after DASH rose over 100% in October. This stability indicates that whales are not taking profits yet, suggesting continued confidence and readiness for another leg up.

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4. Technical Breakout

From a technical perspective, DASH has confirmed a breakout from a multi-year descending wedge pattern during October’s volatile price action.

This breakout is a classic bullish signal that often precedes major upward momentum. Analysts believe it could propel DASH to $100 or beyond in the coming weeks.

“Dash may soon reach $100, and if things heat up, it could jump past $200,” Joao Wedson, Founder & CEO of
Alphractal, predicted.

Despite these positive signs, these catalysts are short-term in nature. If market interest cools, trading volume declines, or whales begin distributing their holdings, DASH’s ability to sustain its growth will depend on how widely it achieves real-world adoption.

Ultimately, lasting growth for DASH will require more than market excitement—it will depend on whether the coin can demonstrate genuine utility and continued demand in the broader crypto ecosystem.