Monero
MoneroRank: # 16
Market Cap: $ 7,433,620,886
Volume (24hrs): $ 110,993,781
Circulating Supply: 18,790,230 XMR
Price in BTC: Ƀ 0.00617469
Change (1 Hr): 0.40%
Change (7 Days): 13.80%
Change (30 Days): 20.70%
All Time High: $ 797.73
All Time High Date: January 14, 2026
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- SEC to address crypto regulations in absence of CLARITY passageCointelegraph.com News - 14 hours agoThe US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.Update (Aug. 10 10:40…
- Itaú joins Brazil tokenization pilot with OpenAssetsCointelegraph.com News - 14 hours agoThe bank will test tokenized fixed-income securities and investment funds as part of an ANBIMA-led industry pilot.Itaú, Latin America’s largest private sector bank, has partnered…
- MoneyGram expands crypto cash ramps to SolanaCointelegraph.com News - 15 hours agoMoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service.Global remittance…
- Following Senate delay, crypto bill has a narrow window to become lawCointelegraph.com News - 15 hours agoAfter an August recess, lawmakers in the Senate will have just 36 days in session before the end of the year to pass the CLARITY…
- Strategy CEO says company will resume Bitcoin accumulation this yearCointelegraph.com News - 17 hours agoThe company has bought roughly 25 times more BTC than it has sold this year, despite recent sales that challenged its long-standing accumulation strategy. Strategy…
What is Monero?
Monero (launched 2014) is a privacy focused cryptocurrency which is based on Cryptonote technology. Privacy is built in its design by default for all the network participants. The development is currently led by Riccardo Spagni with a few other core protocol developers after splitting from the original Bitmonero project (forked from bytecoin) in 2014.
Monero has unbounded inflation, after emission of 18.132 million monero (May 2022), a constant tail emission of 0.6 XMR every 2 minutes will ck in resulting around 1% inflation per year. A permanent inflation keeps miners incentivized, thereby securing the network.
Monero enables untraceable and unlinkable transactions. It uses Ring signatures to protect sender identity, stealth address to protect recipient identity and Ring CT (Ring confidential transaction) to protect transaction amount. This is vastly different from Bitcoin where all transactions are visible to everyone and a sophisticated blockchain analysis can potentially reveal a user's identity. Monero is currently working on Kouri to integrate I2P (The invisible internet project) to protect users IP address as well.
In April 2018, Monero made an effort (successful so far) to become ASIC resistance, in order to prevent mining centralization. Monero's privacy feature makes a true fungible coin. It also supports the concept of 'view key'. Using a 'view key' a user can share transaction details with a third party or an auditor. No one can spend coins using 'view key'.
Governments are usually not greats fans of the anonymous cryptocurrency concept. Notably, the Japanese Financial Security Agency is already trying to ban such coins, as they worry that they can be used for illegal activities. However, Monero's community is strong and supportive and most probably a real market need for a privacy respecting coin will always be there. (eg. Monero is already a primary payment method for buying branded Tor onion domains).
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