The privacy narrative is heating up again. After ZEC caught a bid, $RAIL is being mentioned more and more by top KOLs in the space. And this time, it is not just hype. Unlike projects that only tell a story, $RAIL has real on-chain data to back it up. Total private transaction volume has already surpassed 5 billion USD. The private fund pool sits at nearly 200 million USD, with annual fees around 4.7 million. That gives it nearly half the market share in the privacy protocol sector. What really stands out is the usability. You can use Railgun's privacy features directly on Ethereum and major EVM chains like Arbitrum and Polygon. No cross-chain bridges, no L2s, and no need to hold or stake $RAIL to use the service. It just works. Today, the price surged roughly 75 to 82 percent. The current market cap sits around 235 million USD. And interestingly, it has never been listed on a major centralized exchange. With that kind of scale and data, on-chain capital is starting to price discovery. This is purely informational, not financial advice. Do your own research.