$265.36
Monero Price | $265.36 |
24h High / 24h Low | $250.28 / $271.88 |
Trading Volume | $114,004,526.00 |
Price Change (24h) | $0.14 |
Price Change Percentage (24h) | 0.053% |
Market Cap Rank | #37 |
Market Cap | $4,895,090,744.00 |
Market Cap Change (24h) | $1,837,716.00 |
Market Cap Change Percentage (24h) | 0.038% |
Volume / Market Cap | 0.0233 |
All-Time High | $542.33 |
All-Time Low | $0.22 |
Monero (XMR) is a privacy-focused cryptocurrency designed to ensure fully anonymous and untraceable transactions. It uses cryptographic technologies to conceal transaction details by default.
Initially forked from Bytecoin in 2014 by “thankful_for_today,” later led by Riccardo “Fluffypony” Spagni and developed by a decentralized global team.
Mandatory privacy with RingCT and stealth addresses sets it apart as the most private mainstream cryptocurrency.
Security rests on the RandomX PoW algorithm, which favors CPU mining to deter ASIC centralization and ensure broad participation. Monero’s consensus also includes regular hard forks to integrate privacy improvements and defend against quantum attacks.
In the ecosystem, Monero fills the niche of untraceable payments, dark-web commerce, and privacy advocacy, offering users true anonymity not found in transparent blockchains.
Monero undergoes scheduled, biannual hard forks without governance disputes, integrating protocol improvements like Bulletproofs, CLSAG signatures, and RandomX tweaks directly into the core code.
By design, Monero’s privacy precludes identifying large holders. No publicly known corporate entities disclose substantial Monero reserves due to the protocol’s confidentiality features.
Explore the economic structure behind Monero. Understand the distribution of tokens, supply dynamics, and key economic indicators shaping market performance: Analyzing these elements helps investors understand Monero's long-term sustainability, potential scarcity, and economic incentives driving its value. Review the chart above for detailed token metrics and distribution insights.