Glassnode says privacy coins are the year’s standout as most crypto sectors remain below prior highs
Glassnode’s latest market breakdown shows a sharp split inside crypto performance over the past year. Bitcoin is down 36% from its October 2025 all-time high, and the median drawdown across the top 200 digital assets by market capitalization stands at 58%. Yet the privacy coin segment has moved the other way, rising 213% and becoming the only sector to push above its previous peak. The report says the market value of privacy coins in the top 200 climbed from $7.1 billion a year ago to $33.6 billion, with nearly half of that increase arriving in the past 30 days. Zcash (ZEC) drove much of the move, surging 2,496% over the period and accounting for 62% of the sector’s market cap. Monero (XMR), Dash (DASH), and Horizen (ZEN) also outperformed Bitcoin over the last 90 days. Glassnode adds that the latest 30-day rally has been broad, with 91.5% of the top 200 assets posting gains, the widest monthly rebound in that dataset. Even so, only 25 assets are up on a one-year basis, which points to a market where gains have been concentrated rather than evenly shared.








