Dash Jumps Nearly 50% After AlchemyPay Integration
January 14, 2026 | DeFi Pulse
Dash (DASH), the payments‑focused cryptocurrency that first appeared in 2014, surged almost 50 % in a single day, climbing from roughly $55 to $86. The rally was sparked by the rollout of a new fiat‑on‑ramp partnership with Alchemy Pay, which now lets users in 173 countries purchase Dash directly with local payment methods.
What happened
- Price action: CoinGecko reported a 48 % rise for DASH over the last 24 hours, lifting the token’s market capitalisation back above the $1 billion mark.
- Trading volume: 24‑hour turnover spiked to about $1.3 billion, indicating fresh buying pressure and heightened liquidity.
- Short squeezes: Analytics firm Coinglass showed that short positions on Dash were liquidated for more than $7 million in the same period, up from $4.9 million a day earlier, suggesting that the price breakout forced leveraged traders to cover.
The price spike coincided with Alchemy Pay’s announcement on January 13 that it had added Dash to its suite of fiat‑to‑crypto gateways. The integration enables customers to buy DASH via bank transfers, credit cards and other regional payment options, effectively lowering the friction to acquire the token for everyday transactions.
Why the move matters
Dash is often labeled a “dino” token – an older project that has seen relatively modest price action compared with newer DeFi protocols. Its recent performance, however, points to a broader resurgence of privacy‑oriented coins, which have been attracting renewed interest as developers roll out user‑friendly bridges and on‑ramps.
- Privacy appeal: Dash offers optional anonymity through its PrivateSend feature, positioning it alongside Monero (XMR) and Zcash (ZEC) as one of the few widely traded privacy coins.
- Ecosystem upgrades: The project launched “Dash Evolution” in 2024, a decentralized data network aimed at simplifying Web3 integration and expanding the utility of its digital cash. The Alchemy Pay partnership can be seen as a practical extension of that vision, moving Dash closer to mainstream payment adoption.
- Regulatory backdrop: Even as jurisdictions such as Dubai have moved to restrict privacy tokens on regulated exchanges, the market has continued to reward assets that demonstrate resilience and real‑world use cases. ChangeHero highlighted that the current environment appears to be rewarding tokens that can deliver tangible payment solutions despite regulatory headwinds.
Market context
Dash’s rally added to a week of strong performance for privacy‑focused assets. Monero posted a 12 % gain in the last 24 hours and is up roughly 69 % for the week, while Zcash rose more than 8 % on the day and was recently named the top‑performing large‑cap cryptocurrency of 2025, having delivered an 800 % increase year‑to‑date.
Key takeaways
- Integration drives demand: Alchemy Pay’s fiat on‑ramp dramatically expands Dash’s accessibility, translating into immediate buying pressure and a near‑50 % price jump.
- Short‑cover rally: Heavy liquidation of short positions amplified the move, turning a modest breakout into a pronounced surge.
- Privacy coins regain traction: Dash’s performance underscores a broader revival of privacy‑oriented tokens, even amid regulatory uncertainty.
- Market cap re‑crosses $1 bn: The price rise restored Dash’s billion‑dollar market cap, a psychological threshold that could attract institutional attention.
- Future outlook: Continued development of Dash Evolution and additional fiat gateway partnerships could sustain momentum, but price volatility may remain elevated given the token’s historical “dino” perception and the overall sensitivity of privacy assets to regulatory news.
Dash’s recent ascent illustrates how strategic fiat‑to‑crypto integrations can reignite interest in legacy cryptocurrencies, especially those that blend payment utility with optional privacy features. As the landscape evolves, the token’s ability to convert that interest into sustained adoption will be the next test for the project’s long‑term growth.
Source: https://thedefiant.io/news/markets/dash-jumps-nearly-50-following-alchemy-pay-integration
