The privacy track is emerging from the margins and is expected to become a new focus of the crypto market by 2026. According to market data, privacy-related assets have performed remarkably well this year — not only outperforming Bitcoin and Ethereum but also demonstrating a clear anti-dip advantage during market volatility. More notably, this is not just a price performance; on-chain real usage data is also strong. The share of privacy coin-related transactions has continued to rise from 9.7% at the beginning of the year, indicating that this once niche field is attracting more and more on-chain capital participation. From market apathy to mainstream attention, the rally of privacy coins reflects a genuine increase in user demand for on-chain privacy.