Amid the spotlight on bigger players, a lesser-known cryptocurrency has reached a new pinnacle. While much of the market's attention is focused elsewhere, this Amid the spotlight on bigger players, a lesser-known cryptocurrency has reached a new pinnacle. While much of the market's attention is focused elsewhere, this

Monero Quietly Prints New All-Time High While Market Watches Elsewhere

Amid the spotlight on bigger players, a lesser-known cryptocurrency has reached a new pinnacle. While much of the market's attention is focused elsewhere, this digital asset quietly surged to unprecedented levels. The article delves into this remarkable rise and explores which other coins might be on the brink of similar success.

Monero Surges With Promising Growth as Crypto Market Watches Closely

Source: tradingview 

Monero's price is bustling within a range of mid-$400s to low-$600s, showing a strong upward trend. Recently, it has climbed by over 60% in just a week and nearly 76% in the past month. With a starting potential to reach its nearest resistance of $661, the coin exhibits strength. The 10-day average sits above the recent prices, indicating possible continued upward momentum. If Monero conquers its first barrier, it could target the $800s, suggesting substantial potential growth from current levels. These moves suggest Monero may offer a rewarding ride for those keeping a watchful eye on its market behavior.

Conclusion

XMR has quietly reached a new all-time high. While the broader market focuses on other coins, XMR continues its steady rise. This milestone is significant as it highlights XMR's unique value and strength.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Market Opportunity
RISE Logo
RISE Price(RISE)
$0.006174
$0.006174$0.006174
-0.83%
USD
RISE (RISE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Hyperliquid's perpetual contract market share dropped to 38%, while Aster and Lighter saw their shares rise.

Hyperliquid's perpetual contract market share dropped to 38%, while Aster and Lighter saw their shares rise.

PANews reported on September 23rd that according to CoinDesk, Hyperliquid, once a leading player in the on-chain perpetual swap market, is gradually being overtaken by emerging platforms such as Lighter and Aster, resulting in a decline in market share. According to Dune data, Hyperliquid's market share of the on-chain cryptocurrency perpetual swap market reached 71% in May of this year, but has now fallen to 38%. Meanwhile, Lighter and Aster's market shares have increased from low single-digit percentages in May to 16.8% and 14.9%, respectively. The on-chain perpetual swap market is experiencing rapid growth. Over the past four weeks, cumulative trading volume across all platforms has approached $700 billion, with $42 billion traded in the last 24 hours alone. The number of on-chain perpetual swap protocols has rapidly increased from just two in 2022 to over 80 today. This growth demonstrates the vitality of the market: a thriving market attracts numerous new participants, intensifying competition and challenging the market share and profitability of early entrants.
Share
PANews2025/09/23 17:24
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10
Jerome Powell & A Hard Money Moment

Jerome Powell & A Hard Money Moment

With Trump teeing up a personally controlled Federal Reserve, hard money seems like an easy bet, but Bitcoin and gold aren't behaving the same.
Share
Coinstats2026/01/15 06:30