Privacy coin DASH has captured significant market attention with a remarkable 38% surge over the past 24 hours, sending shockwaves through the derivatives market. The explosive move triggered nearly $5 million in short liquidations, signaling heightened volatility in this corner of the market.

The driving force behind this rally stems from a strategic partnership announcement with Alchemy Pay, a major player in fiat-to-crypto infrastructure. This collaboration enables direct fiat-to-DASH on-ramps across 173 countries, substantially expanding accessibility for users worldwide. The move essentially removes friction from acquisition pathways, making privacy-focused digital assets far more approachable for the average user.

For traders monitoring the privacy coin sector, this development marks more than just a price action event—it reflects growing mainstream adoption infrastructure for assets traditionally viewed as niche. The combination of technical momentum and real-world utility expansion suggests renewed interest in privacy-centric blockchain solutions.