In a cautious crypto market, selective altcoin strength is emerging, with privacy-focused projects like Decred (DCR) leading the charge. DCR climbed 20% to trade near $37.50 in the past 24 hours, driven by increased interest in privacy assets and its hybrid proof-of-work and proof-of-stake model. Over 60% of DCR's circulating supply is staked, earning approximately 8–9% annually, which reduces volatility and supports governance participation. The project's self-funded treasury, valued at around $12.5 million, continues to fuel development, enhancing its long-term appeal.
Other altcoins showing gains include SKY, which rose 12% to $0.06 due to new exchange listings and improved liquidity, and Story (IP), up 12% to $4.14, bolstered by expanding creator economy use cases and content monetization infrastructure. Regulatory concerns, such as the European Union's planned anonymity restrictions in 2027, pose potential headwinds, but Decred's optional privacy features and balanced approach may help it adapt. Analysts note that if momentum persists, DCR could test $40–$45, with support near $30 if sentiment cools.
