Monero Climbs To New High Of $687 As Crypto Surveillance Tightens (2026)
Monero (XMR) rose to a new all-time high above $687 on Tuesday, up around 14% rise over the past 24 hours, according to TradingView data.
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Industry watchers are pointing to tightening Know Your Customer (KYC) and Anti-Money Laundering (AML) rules as the main tailwinds driving investor demand.
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Despite the positive price action, investors seeking a new “entry point” should consider the elevated levels of social media hype around XMR, warned crypto data platform Santiment in a Tuesday X post:
Santiment’s chart shows that XMR development activity has been falling since the beginning of January, while XMR’s social media dominance peaked on Sunday.
Zcash fell by around 21% in the past week due to slowing developer activity and a recent governance dispute between the Electric Coin Company, the main development team behind Zcash, and Bootstrap, the non-profit supporting the protocol.
Source: CoinTelegraph