Behind the rebound of this round of privacy coins, there is an increasingly evident market signal. Globally, sanctions measures are becoming more frequent, and countries' capital control policies are continuously upgrading, directly driving up the demand for privacy protection.

When cross-border payments are restricted and personal asset privacy faces more scrutiny, the value proposition of privacy coins becomes particularly prominent. They are not just hype concepts but reflect the actual demand for financial autonomy under specific macroeconomic environments. Holders and users are voting with their transactions—expressing concern for asset privacy protection.

This surge is not an isolated phenomenon but a natural result of changes in the global economic landscape. As geopolitical tensions persist, similar pressures will continue to boost the appeal of privacy assets. The market is re-pricing the risk premiums of such assets.