• Decred price jumped over 40% in the past 24 hours to hit highs of $29.
• Several privacy coins are rallying.
• The approval of a proposal seeking to cap treasury expenditure has also catalysed gains.

Decred (DCR) is outpacing other altcoins over the past 24 hours, with bulls exploding nearly 40% to highs of $29 as the privacy coin narrative ignites broader gains.

The token’s upside momentum also comes after stakeholders overwhelmingly approved DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralised treasury.

Gains amid this governance milestone, privacy coins rally and risk-on sentiment could drive DCR price higher.

Decred price gains as stakeholders approve DCP-0013 proposal

The Decred cryptocurrency is a layer 1 DAO project known for its innovative hybrid consensus mechanism and strong emphasis on community-driven governance.

Supply is capped at 21 million, and over 82% of DCR is already mined. Supply dwindles every three weeks.

Decred features a privacy mixnet and builds on Bitcoin’s blockchain model with on-chain governance and sustainable funding.

While price is up amid gains for top privacy coins like Dash and Monero, Decred is also seeing notable momentum as the community signals a commitment to fiscal discipline and long-term sustainability.

That’s what the approval of DCP-0013, which allows for capping of treasury spending, shows.

Activation of the proposal will introduce monthly limits to treasury spending at 4% of available funds.

Over 99% of the vote approved the upcoming implementation, a decisive outcome that has bolstered market sentiment.

Privacy coins rally boosts DCR price

Decred’s DCR token traded in a relatively narrow $11–$17 range from March through early November 2025, before surging to a yearly high of $44 as privacy-focused cryptocurrencies moved sharply higher.

The rally was followed by a steep correction driven by profit-taking and broader macroeconomic pressures, with prices sliding to lows of $14 on December 24.

A rebound in early 2026 has seen renewed interest in privacy coins, lifting Decred to intraday highs of $29.

The token is up about 75% over the past week, in line with a wider rally across the privacy-coin segment.

As a project that incorporates privacy-enhancing elements through its architecture and governance, Decred benefits from this sector-wide enthusiasm.

Privacy coins gaining traction could catapult Decred above $50, with the main target in the short term being $100.

Zcash has gained a lot of attention, but Decred bulls think DCR will outperform amid its “staying power.”

https://www. twitter.com/Bitsoshi/status/2004996043612844321

Monero (XMR) has broken to highs of $700, Dash (DASH) has led weekly top performers and is above $80, while Zcash (ZEC) has touched the key level of $450.

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• Railgun rides privacy narrative to above $3.20.
• As Dash, Monero and Zcash surge, RAIL bulls could eye a new all-time high.
• Technicals offer a mixed outlook and profit-taking could derail buyers.

Railgun (RAIL) price surged over 45% in 24 hours to top the $3.20 mark as top privacy coins soared, with Dash going vertical and Monero breaking to $700. Zcash also spiked, as did Pirate Chain, Decred, Oasis and Verge.

The surge for these coins comes despite the negative news of Dubai’s ban on privacy coins, pointing to a resurgence for the sector. Investors looking to rotate into outperforming altcoins see the censorship-resistance tokens as worth a bet.

Notably, Bitcoin and Ethereum have tailed off in the past two days as global risk assets falter on macroeconomic and geopolitical tensions, including the unfolding political situation in Iran.

RAIL pumps 45% to above $3.20

Privacy coins are back into the limelight as Bitcoin and Ethereum, and other top altcoins consolidate. Tokens native to several privacy-focused protocols have exploded in the past 24 hours, with Dash surging to outpace the sector.

Railgun, the zero-knowledge protocol designed to support private transactions for decentralized finance, has emerged as another top gainer.

The protocol has previously received backing from Ethereum founder Vitalik Buterin, and its offering is critical to DeFi.

Exchanges can freeze your account. RAILGUN can NEVER freeze your account.

— RAILGUN – Private Ethereum DeFi (@RAILGUN_Project) January 8, 2026

The RAIL token was up more than 45% at the time of writing, touching highs of $3.20 amid a 176% spike in trading volume. Per CoinMarketCap, bulls elevated the daily volume to over $3.75 million as the price jumped to the intraday high.

Is RAIL price set for a breakout to a new all-time high?

The technical picture for the token signals likely upward continuation.

While key indicators paint a mixed outlook, the surge to $3.20 puts bulls in control.

That’s the outlook on the 4-hour chart, with the relative strength index in the overbought territory to suggest potential profit taking. Bears showed this as prices touched higher points on some exchanges before recoiling to lows just above $3.00.

However, RAIL is also sporting a moving average convergence divergence, painting a strengthening histogram. The MACD recently indicated a bullish crossover.

For buyers, the breakout above $2.27 and $2.91 is key.

While price may yet see a pullback as noted above, a continuation may result in a fresh push to above $4.00. A close above the level will encourage bulls, with key targets being $5.50 and the all-time high of $8.37 reached in November 2021.

On the flipside, major support will be around $2.25 and $1.90.

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• Midnight token’s price dump in the past 24 hours comes days after hitting an all-time high of $1.81.
• NIGHT token’s dip mirrors top privacy coins, including Zcash, Monero and Dash
• Midnight is a privacy-first blockchain that recently landed on top exchanges.

As the cryptocurrency market experienced renewed volatility on December 23, 2025, Midnight (NGHT) joined several altcoins in plummeting more than 20%.

Meanwhile, the privacy coins sector faced significant downside action as Zcash, Monero and Dash all flipped red.

NIGHT token, native to the Midnight blockchain, dropped sharply amid widespread profit-taking.

Midnight slumps 25% to lead altcoin losers

The Midnight network’s native token, NIGHT, suffered a steep 25% decline in the past 24 hours.

Data on CoinMarketCap ranks it as one of the top losers among the top 100 coins by market cap.

Notably, this sharp correction comes just weeks after the token’s highly anticipated launch.

On December 9, 2025, the token’s price quickly surged to an all-time high of $1.81.

However, its price has since seen a sharp descent, and during Tuesday’s session, NIGHT recorded an intraday low of $0.075.

The downturn has erased a substantial portion of the gains accumulated since the token generation event.

Sell-off was accompanied by $1.58 billion in daily volume, the metric seeing an 81% decrease in 24 hours.

Contributing to the pressure on altcoins is a pullback in Bitcoin.

After rallying to $90k on Monday, BTC retreated to below $87,700.

Stocks also pulled lower, and in crypto, a cascade of liquidations and reduced risk appetite hindered bulls.

Profit-taking on NIGHT may accelerate with further crypto market uncertainty.

NIGHT token mirrors top privacy coins

As noted above, NIGHT’s recent performance has closely tracked declines in established privacy coins.

Privacy-focused cryptocurrencies led declines across the sector, with Zcash, Dash and Monero posting notable losses amid a broader pullback in privacy-themed assets.

Zcash fell nearly 9% over the past 24 hours, while Monero declined about 4% and Dash slipped roughly 3%.

Other privacy-linked tokens, including Decred, Horizen and Tornado Cash, also traded lower during the period.

NIGHT recorded the steepest move, dropping around 25%.

The pullback follows several months of strong outperformance by privacy coins relative to the broader market, with Zcash among the top gainers during that period, supported in part by increased institutional accumulation.

Midnight distinguishes itself as a privacy-first blockchain.

It’s designed to facilitate confidential decentralised applications through advanced features such as selective disclosure and zero-knowledge proofs, all supported by an efficient consensus mechanism.

This architecture aims to balance robust data protection with regulatory compliance.

Cardano’s Midnight project wants to position itself as a next-generation solution for privacy in DeFi, identity management, and enterprise applications.

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