As whales prepare for the development prospects of the privacy coin market in 2026, a large influx of capital is flowing into mid- and low-cap privacy coins. Horizen (ZEN) protocol, with a market cap of $226 million, surged over 50% in January, with Grayscale holding more than 948,000 ZEN. Railgun (RAIL) system, with a market cap of $165 million, is expected to handle $2 billion in transactions in 2025, leading to a 24% increase in whale holdings. Decred (DCR), with a market cap of $479 million, currently ranks among the top five privacy coins, with over 62% of its supply staked, reaching the highest level since March 2025. Analysts believe these mid-cap privacy coins have the potential to reach a valuation of one billion dollars.