Privacy-focused cryptocurrencies including TORN witnessed a significant price increase, with TORN jumping 380%, following a U.S. court ruling. The ruling declared that immutable smart contracts, such as those used in Tornado Cash, are exempt from Treasury sanctions.
This development has positively impacted other privacy coins like Railgun and Zcash, contributing to double-digit gains in their values. The judgment reinforces the perception of decentralized finance immune from certain regulatory constraints.
The surge highlights market confidence in privacy technology and regulatory clarity, fostering optimism for the future of privacy-focused cryptocurrencies.
