Privacy coins remain Glassnode's only tracked crypto sector trading above its level at Bitcoin's Oct. 6, 2025 peak, rising 213% while Bitcoin stayed 36% below its record and the median top-200 asset was down 58%. Zcash has driven much of the move, gaining more than 2,200% over the year, rising from 82nd to 10th by market capitalization and accounting for 62% of the privacy sector's $33.6 billion value. All 10 tracked sectors rose over the past 30 days, led by privacy's 90% gain, as 91.5% of the top 200 assets advanced in the broadest monthly rally in Glassnode's dataset. ZEC's earlier move above $1,200 was supported by ETF inflows, reduced readily available supply and short liquidations, though elevated futures leverage leaves the trade exposed if momentum weakens.