Monero

Today's state: Monero is trading at $306.78 with a $5.7 billion market capitalization (rank #21). The price moved -0.68% over the past 24 hours and is -4.74% over 7 days; the 30-day move stands at -15.93% and the 90-day at -27.22%.

Position vs cycle: Trading more than 50% below the all-time high places the asset in correction-territory deep enough that statistical mean-reversion historically gives way to narrative- and liquidity-driven moves.

Volatility and structure: 30-day realized volatility of 341.8% annualized is extreme for an asset this size. Our composite multi-horizon Price Strength reads Strong (75/100), firmly in the strong-momentum regime across multiple horizons.

Monero follows a halving cycle similar in mechanism to Bitcoin's — the block reward is cut on a predictable schedule, producing periodic supply-side compression. While XMR's cycle dynamics have historically tracked Bitcoin's broader rhythm rather than producing fully independent cycles, the halving events themselves have produced meaningful price-action inflection points in past cycles.

For PoW chains other than Bitcoin, the relevant tactical question is generally not "does the halving alone drive a bull cycle?" but rather "does the broader crypto cycle, plus the halving's supply compression, plus any chain-specific narrative produce a structural setup?" When all three align, multi-month outperformance versus Bitcoin has been the historical pattern.

Beyond Bitcoin, XMR's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: -0.03 — a minimal negative relationship.
• Ethereum reference: +0.01 — a minimal positive relationship.
• Solana reference: +0.00 — a minimal positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

Monero (XMR) is a Layer-1 cryptocurrency, running on its own independent blockchain network. It trades at $306.78 as of the latest update, with a 24-hour move down 0.68%, placing it at rank #29 by market capitalisation among all listed digital assets. Monero's current market cap stands at $5.66B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Monero across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Monero exists to make on-chain payments confidential. Where a typical blockchain exposes every transfer to public analysis, Monero applies cryptography to hide the financial details while still preventing double-spends.

By market value, Monero sits at rank #21 — a top-25 asset. The project sits in the privacy payments space, and launched in 2014. Monero has 18.45M tokens circulating against a total supply of 18.77M, with no fixed hard cap on issuance. It currently trades about 62% below its all-time high of $797.14 set in January 2026, while sitting roughly 2.9× above its record low.

The distinguishing engineering in Monero is its privacy layer: the protocol proves a transaction is valid (no double-spend, inputs cover outputs) while keeping the amounts and parties shielded. This is harder than ordinary transaction validation and is the project's core technical moat.

By market value, Monero sits at rank #21 — a top-25 asset. The project sits in the privacy payments space, and launched in 2014. Monero has 18.45M tokens circulating against a total supply of 18.77M, with no fixed hard cap on issuance. It currently trades about 62% below its all-time high of $797.14 set in January 2026, while sitting roughly 2.9× above its record low.

People reach for Monero when they want transfers and balances kept private — for payments or simply for holding value without a public paper trail. Those very properties, however, invite regulatory attention and make some exchanges reluctant to list it.

Daily volume runs at about 2.5% of market capitalisation ($142.15M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read Monero's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation.

For thesis-building, the relevant question is whether the structural value-accrual mechanism (fee burns, staking-yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

The macro picture for digital assets turns on three levers — Federal Reserve policy, the path of dollar liquidity, and broad risk sentiment. Historically the whole asset class has tracked the global liquidity cycle closely, expanding in easing regimes and contracting when financial conditions tighten.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

For Monero specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, XMR tends to follow; when they contract, the relationship typically reverses. With a comparatively loose 90-day BTC correlation of -0.03, XMR has shown more idiosyncratic price behaviour than the average large-cap — its own catalysts can matter as much as the broad liquidity tide.

Privacy-coin-specific risks: regulatory and delisting pressure (several exchanges have removed privacy assets to satisfy compliance demands), reduced liquidity where listings are restricted, and the cryptographic complexity of the privacy layer itself. These sit on top of ordinary market, custody and volatility risks.