Dash Breaks Three-Month High as DashCon Event Fuels Fresh Demand

Dash (DASH) rallied to its highest price in three months, reaching $48 before dropping to $45 at press time. The cryptocurrency surged by 8.5% on the daily charts and saw a significant increase of 65% in trading volume.

The recent price hike can be attributed to the upcoming DashCon event in Amsterdam scheduled for September 2nd. This has generated fresh demand, with increased deposits in the network's shielded privacy pool reaching 2.6k.

Dash Core Group aims to introduce mobile-shielded functionality for Android beta testing on September 3rd. This move targets fast payments and a self-funding treasury, potentially strengthening DASH fundamentals and triggering actual demand.