As I recall, DASH's price has been higher than ZEC for a long time, but since this year, DASH's long-term price has lagged, and the price gap is getting larger. How significant is the gap? Is there still hope for DASH to overtake?
DASH's privacy features can only achieve transaction address obfuscation, while ZEC uses zero-knowledge proofs to completely hide transaction amounts and participant addresses. By 2025, ZEC's share of anonymous transactions will reach 82%, while DASH will only be 37%. The technological gap has led institutional funds to prefer ZEC.
DASH provides privacy services through the main node, but requires staking 450 DASH, resulting in a low degree of decentralization for the nodes. In contrast, ZEC's miner-validator separation mechanism is more resistant to censorship.