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01/13 05:45

Monero price hit a new all-time high of $595.96 on

#HTX Year-End Carnival: 150,000 USDT Over 28 Days! #人生K线: The AI Fortune-Telling Meme Coin #“我踏马来了”: The Meme Coin from Yi He's 2026 Tweet Monero price hit a new all-time high of $595.96 on Jan. 12 for the first time since 2018 as privacy coins continue to gain mainstream recognition. Summary Monero price hit a new all-time high of $595.96 on Monday. XMR price has confirmed a breakout from a bullish channel on the daily chart. According to data from crypto.news, Monero (XMR), the leading privacy-focused cryptocurrency by market cap, was up 18% in the past 24 hours and 59% from its December low. Trading at $575 at press time, its gains extend to over 140% from its August low. Monero price went parabolic this week as the broader privacy-focused cryptocurrency market rebounded amid a growing privacy advocacy narrative that has been gaining strength since late 2025. In the past 24 hours alone, the total market cap of all privacy coins combined jumped 14.7%, surpassing $20 billion at the time of writing. Companies such as Grayscale have increasingly talked about the essential need for privacy solutions as blockchain technology moves toward mainstream adoption in 2026. You might also like: Crypto prices today (Dec. 12): BTC, SOL, ZEC, TAO rally amid escalating Trump-Powell feud Monero price also rebounded, as many investors rotated capital away from Zcash after developers at the Electric Coin Company announced a mass departure from the project. Zcash (ZEC) has since fallen nearly 20% to a weekend low of around $360. Subsequently, XMR was able to replace ZEC as the top privacy coin by market capitalization. Data from CoinGlass further shows that demand from derivatives traders has also surged significantly during this period. Notably, Monero futures open interest has increased by 54% in the past 24 hours to $192.83 million, a figure that is substantially higher than the $66.5 million recorded exactly a month earlier. Increasing open interest means new capital is actively f

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