Monero is making a massive statement today, hitting a new ATH of $596. While the broader market is shaky, $XMR is decoupling.
What’s driving the surge?
The Zcash Exodus: Following the departure of key developers from Zcash, investors are fleeing $ZEC and pouring capital into Monero’s battle-tested decentralization.
Regulatory Resistance: Despite delistings on major exchanges due to EU’s MiCA framework, usage on P2P and DEXs is skyrocketing.
Privacy demand: Chainalysis reports that Bitcoin’s share of darknet volume has fallen below 20%, with Monero now handling the majority of confidential transactions.
Is Monero proving that "opt-out" money is more resilient than compliant "privacy" coins? Or is this the last rally before a total exchange ban?