Source: CryptoNewsNet
Original Title: Decred (DCR) price soars amid treasury spending cap approval
Original Link:
Price Rally Driven by Governance Milestone
Decred (DCR) is outpacing other altcoins over the past 24 hours, with bulls exploding nearly 40% to highs of $29 as the privacy coin narrative ignites broader gains.
The token’s upside momentum comes after stakeholders overwhelmingly approved DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralised treasury. Activation of the proposal will introduce monthly limits to treasury spending at 4% of available funds, with over 99% of the vote approving the implementation—a decisive outcome that has bolstered market sentiment.
About Decred’s Design
Decred is a layer 1 DAO project known for its innovative hybrid consensus mechanism and strong emphasis on community-driven governance. Supply is capped at 21 million, with over 82% of DCR already mined. The project features a privacy mixnet and builds on Bitcoin’s blockchain model with on-chain governance and sustainable funding.
Privacy Coin Rally Lifts DCR
Decred’s DCR token traded in a relatively narrow $11–$17 range from March through early November 2025, before surging to a yearly high of $44 as privacy-focused cryptocurrencies moved sharply higher. The rally was followed by a steep correction driven by profit-taking and broader macroeconomic pressures, with prices sliding to lows of $14 on December 24.
A rebound in early 2026 has seen renewed interest in privacy coins, lifting Decred to intraday highs of $29. The token is up about 75% over the past week, in line with a wider rally across the privacy-coin segment.
Sector Performance and Outlook
As a project that incorporates privacy-enhancing elements through its architecture and governance, Decred benefits from this sector-wide enthusiasm. Privacy coins gaining traction could catapult Decred above $50, with the main target in the short term being $100.
Monero (XMR) has broken to highs of $700, Dash (DASH) has led weekly top performers and is above $80, while Zcash (ZEC) has touched the key level of $450. Decred bulls believe DCR will outperform amid its “staying power” compared to competing privacy-focused projects.
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Decred Surges 40% as Community Approves Treasury Spending Cap
Source: CryptoNewsNet Original Title: Decred (DCR) price soars amid treasury spending cap approval Original Link:
Price Rally Driven by Governance Milestone
Decred (DCR) is outpacing other altcoins over the past 24 hours, with bulls exploding nearly 40% to highs of $29 as the privacy coin narrative ignites broader gains.
The token’s upside momentum comes after stakeholders overwhelmingly approved DCP-0013, a proposal to impose a strict spending cap on Decred’s decentralised treasury. Activation of the proposal will introduce monthly limits to treasury spending at 4% of available funds, with over 99% of the vote approving the implementation—a decisive outcome that has bolstered market sentiment.
About Decred’s Design
Decred is a layer 1 DAO project known for its innovative hybrid consensus mechanism and strong emphasis on community-driven governance. Supply is capped at 21 million, with over 82% of DCR already mined. The project features a privacy mixnet and builds on Bitcoin’s blockchain model with on-chain governance and sustainable funding.
Privacy Coin Rally Lifts DCR
Decred’s DCR token traded in a relatively narrow $11–$17 range from March through early November 2025, before surging to a yearly high of $44 as privacy-focused cryptocurrencies moved sharply higher. The rally was followed by a steep correction driven by profit-taking and broader macroeconomic pressures, with prices sliding to lows of $14 on December 24.
A rebound in early 2026 has seen renewed interest in privacy coins, lifting Decred to intraday highs of $29. The token is up about 75% over the past week, in line with a wider rally across the privacy-coin segment.
Sector Performance and Outlook
As a project that incorporates privacy-enhancing elements through its architecture and governance, Decred benefits from this sector-wide enthusiasm. Privacy coins gaining traction could catapult Decred above $50, with the main target in the short term being $100.
Monero (XMR) has broken to highs of $700, Dash (DASH) has led weekly top performers and is above $80, while Zcash (ZEC) has touched the key level of $450. Decred bulls believe DCR will outperform amid its “staying power” compared to competing privacy-focused projects.