Privacy-focused cryptocurrencies experienced a surge in popularity in Q4 2025, driven by a recent fundamental market pivot toward ZK-technologies and a substantial increase in trading activity in emerging markets. ZСash and Monero led the sector’s growth, with both assets showing increased trading volume and renewed interest among whales. In particular, ZEC recorded a monumental run from $38 in August to $734 in late November, while XMR has recorded over 113% year-to-date growth.