Monero (XMR) is set to achieve a key breakthrough in 2026. The latest market data shows that XMR price has hit a new all-time high, reaching $598, with a market capitalization surpassing $10 billion for the first time. The privacy coin sector has once again become a market focus. Several analysts believe that this rally is not the end, but may just be the beginning of a new trend.
Data indicates that since mid-January, Monero’s price has increased by over 30% in the short term, with trading volume expanding to over $300 million, significantly higher than previous phases. After a strong breakout above the long-term resistance zone of $515, the pullback has been limited, with continued buying support, and the market structure remains bullish. Analyst 0xMarioNawfal pointed out that the current trend exhibits high momentum and low distribution, indicating that funds are not rushing to exit.
Senior trader Peter Brandt’s latest insights further reinforce market confidence. He compared XMR’s long-term trend to the historical chart of silver, noting that both experienced double-top structures on monthly and quarterly levels and have been constrained by a descending trendline. After breaking through this trendline, silver experienced a significant upward surge, known as a “god candle.” While Brandt did not specify a target price, this technical analogy is interpreted by the market as suggesting that once Monero completes a similar breakout, a strong monthly-level rally is not impossible.
From a structural indicator perspective, XMR’s market cap share has risen to its highest level since 2023 but remains in a relatively low zone. This combination of “price reaching new highs while market share remains low” often indicates that capital has not fully flowed in yet, leaving room for rotation from other altcoins into Monero.
On the fundamental side, the demand for privacy assets is changing in 2026. As global regulatory scrutiny intensifies and cases of freezing stablecoins and traceable assets become more frequent, some funds are re-evaluating the importance of privacy protection. Against the backdrop of geopolitical tensions and highly transparent on-chain fund flows, Monero, with its strong privacy features, is gaining more attention.
Overall, technical patterns, capital structure, and macro environment are resonating. Amid rising privacy demands and accelerated market rotation, Monero (XMR) is gradually being regarded as one of the core assets with independent market potential in the 2026 crypto market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TAO (Bittensor) down 16.28% over the past 24 hours
Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B.
Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs.
---
Key recent news about TAO:
1️⃣ **
GateNews46m ago
The Strait of Hormuz is open! Iran demands tolls be paid in Bitcoin, and the Persian Gulf still has “big ships”
The Iranian government charges oil tankers a $1 per-barrel toll for passage through the Strait of Hormuz and requires payment in bitcoin to bypass U.S. sanctions. This move has caused extreme volatility in the cryptocurrency market, with bitcoin’s price surging, highlighting the importance of digital assets in geopolitics. Global shipping has been disrupted, Iran and the United States have taken differing positions in ceasefire talks, and financial markets have also roiled in response to this event.
CryptoCity48m ago
Bitcoin sees over 27k options contracts expire! Analyst: Bear market characteristics continue to dominate
According to Greeks.live data, April 10 saw BTC and ETH options expire. For BTC options, the number of contracts was 27,000, the Put/Call Ratio was 0.71, and the maximum pain point was $69,000. For ETH, it was 151,000 contracts, and the Put/Call Ratio was 0.77. The analysis indicates that market characteristics are skewed bearish, and falling implied volatility suggests the market expects less short-term volatility. Despite the recent rebound, internal momentum in the market has not formed, and no clear sentiment shift has been observed.
MarketWhisper55m ago
Fed Minutes Keep Bitcoin Traders Guessing as Iran Risk Clouds the Next Four Weeks
The Federal Reserve's recent minutes revealed mixed signals on potential rate changes, influenced by inflation and geopolitical tensions. Bitcoin's price is currently around $71,000, with analysts divided on its future amid these macroeconomic pressures, relying on factors like the Iran ceasefire and inflation trends.
CryptoNewsFlash2h ago
Liquid Capital founder Yihua Yi: Long-term bullish but must respect market cycles; currently focusing on AI transformation
Liquid Capital founder Yi Lihua analyzed the reasons the market is under pressure during an AMA, emphasizing that the long-term outlook remains bullish on ETH, but that the market cycle and volatility must be respected. He pointed out the importance of AI technology for business transformation and shared his successful experience investing in companies after they adopted AI for transformation.
GateNews2h ago
Compass Point cuts Circle to Sell, CRCL shares fall more than 10%
Circle Internet Group（CRCL）stock price fell 9.9%, and Compass Point cut its rating to “Sell,” with a target price of $77, reflecting regulatory risk and the impact of market sentiment. At the same time, a hacking incident involving Drift Protocol triggered a collective lawsuit investigation, indirectly affecting CRCL’s stock price. Market awareness of DeFi risks has increased, and with stablecoin legislation stalled, Circle faces greater structural pressure.
MarketWhisper3h ago
