Recently, Dash presented a significant appreciation in its price and it is believed that the main reason is the launch of "Dash Text" in Venezuela, an SMS-based crypto-currency transaction service. According to the company, the application eliminates the need for Venezuelan users to have smartphones and internet access to carry out transactions involving crypto-coins, a fact that has historically been a significant barrier to the adoption of crypto-coins in the country led by Nicolás Maduro.

The solution to this problem was built in partnership with BlockCypher, specializing in blockchain solutions that allow users to interact with multiple crypto-coins through a single platform. Currently in the beta version, Dash Text will allow Movistar and Digitel users - Venezuela's largest telecommunications providers - to access Dash services through a simple five-digit shortcode.