Privacy Coins Comeback: $25B Market Cap Milestone Sparks Bullish Hopes for Monero

Privacy-focused cryptocurrencies, such as Monero, are roaring back, with the total market capitalization of these coins surpassing the $62 billion mark for the first time since ￰0￱ Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced Leading the charge are Dash (DASH) and Zcash (ZEC), which have soared 75% and 21%, respectively, in the past 24 hours, according to ￰1￱ weekly gains of over 200% for Dash and 45% for Zcash reflect the sector’s renewed momentum even as Bitcoin slipped below $105,000. Data from Artemis reveals that privacy coins have outperformed the broader crypto market, delivering nearly 80% monthly returns, while Bitcoin and Ethereum struggled amid a broader market ￰2￱ attribute this surge to a rising preference for transactional anonymity and self-custody.

XMR's price trends upwards with small losses on the daily chart.) Poised for Breakout With Dash and Zcash dominating headlines, attention is now shifting to Monero (XMR), which has long been regarded as the gold standard for privacy in the crypto ￰3￱ rebounded from its $339 support level, triggering buy orders and renewed interest from both retail traders and privacy ￰4￱ priced around $346.56, XMR is up 1.48% daily with trading volume surging 38% to $230.96 million, signaling strong buyer ￰5￱ indicators paint a cautiously bullish picture: the RSI at 59.7 suggests healthy momentum, while a positive MACD histogram (+1.53) supports a potential move toward the $361 resistance ￰6￱ warn, however, that a break below $339 could expose the coin to downside risk near $320.

Sustained volume above $226 million is seen as key to validating any breakout ￰7￱ Return of Privacy in Crypto The revival of privacy coins signals a deeper narrative shift within the cryptocurrency ￰8￱ compliance frameworks become stricter, investors appear to be rediscovering the core ethos of decentralization and privacy. Monero’s stability in network essentials, such as rising hashrate and shielded transaction adoption, cements its position as a frontrunner in this comeback ￰9￱ analysts suggest that if current momentum continues, Monero could reclaim its dominance and push the privacy sector’s valuation even ￰10￱ Reading: From Greed To Terror: Bitcoin’s Fall Below $104K Sparks Extreme Fear In a market dominated by regulation and surveillance, privacy coins like Monero, Zcash, and Dash are demonstrating that financial anonymity remains a need in the blockchain ￰11￱ image from ChatGPT, XMRUSD chart from Tradingview