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Glassnode is only the analytics firm reporting the privacy-coin data, not a subject of the price move.
Privacy Cryptocurrencies Surge, Market Cap Quadruples in a Year: Glassnode
Digital FinancePrice Action
Glassnode, an on-chain analytics firm, reported that in its index of the top 200 cryptocurrencies by market cap, categorized by sector, only privacy coins are trading above their October 2025 highs. As of September 6, 335 days after Bitcoin's peak, Bitcoin is down 36%, and the median top 200 coin is down 58%, while privacy coins are up 213% from their highs. Over the past 30 days, all ten sectors have risen, with privacy coins leading at a 90% gain. The total market cap of privacy coins has expanded from $7.1 billion a year ago to $33.6 billion, rivaling the market cap of Tron. The sector is led by Zcash, which has risen from 82nd to 7th in market cap ranking, accounting for 62% of the sector. According to CoinMarketCap, ZEC's market cap is approximately $19.5 billion, with a one-year gain of 2496%.
Glassnode is only the analytics firm reporting the privacy-coin data, not a subject of the price move.