Missed ZEC and DASH? Decred Becomes the Next Choice
The post Missed ZEC and DASH? Decred Becomes the Next Choice appeared on BitcoinEthereumNews.com.
Privacy-focused altcoins have become the new focal point of the cryptocurrency market. After explosive rallies from Zcash (ZEC) and Dash (DASH), Decred (DCR) has emerged as the next rising star, attracting capital from investors who missed the earlier opportunities. What does DCR’s surge mean for the project and for broader market sentiment? This analysis breaks it down. Sponsored Sponsored Decred (DCR) Breaks Out from a 3-Year Accumulation Zone Launched in 2016, Decred is a blockchain that combines both Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanisms, along with built-in privacy features. For more than 1,200 days, DCR’s price had remained dormant within a narrow accumulation range. Everything changed in the first week of November. DCR surged over 170%, surpassing $49, and officially broke out of its long-term consolidation zone. This breakout signals potential new highs, similar to those achieved recently by ZEC and DASH. Decred (DCR) Price Performance. Source: BeInCrypto. DCR’s appeal extends beyond technical charts. On-chain data has revealed consistent accumulation trends. Since early 2025, the DCR balance on Binance — wallet address DsS…gG8 — has been declining steadily. This reflects a continuous accumulation strategy by long-term holders who took advantage of the low trading range. According to Bison Explorer, the DCR balance on Binance dropped from over 600,000 tokens earlier this year to below 300,000 tokens by October. This pattern is a classic sign of “smart money” preparing for the next bullish cycle. DCR Balance on Binance. Source: Bison Explorer Additionally, more than 10 million DCR out of the total 21 million supply are currently staked — over 60% of all tokens. This reduces the circulating supply, creating scarcity that could fuel further price appreciation as market attention grows. Sponsored Sponsored Another remarkable factor is the Decred Treasury, which has reached an all-time high of over 867,000 DCR. The…
Filed under: News - @ November 4, 2025 9:27 am