Bubble
Monero XMR
Monero (XMR) was trading at $350.83, ranked #17 by market cap at $6.59B, with 24h volume of $112.71M.
Data snapshot: 2026-07-22 18:00 UTC.
Monero is a privacy-first cryptocurrency launched in 2014 where every transaction is private by default, using ring signatures, stealth addresses and confidential transaction amounts to obscure sender, receiver and value on-chain. Unlike Bitcoin's optional privacy tools, Monero gives no way to opt out of privacy, which has made it the most widely used coin for anonymous on-chain payments. Monero makes privacy the default rather than an option: every transaction hides sender, receiver and amount using ring signatures, stealth addresses and confidential amounts, so there is no transparent subset of the chain to analyse. That is a design decision with consequences — it has been delisted from many regulated exchanges, which reduces liquidity and access, and it is one of the few assets where regulatory pressure is a permanent structural factor rather than a passing risk. On this map XMR often moves on regulatory news that leaves the rest of the board untouched.
How does Monero hide transactions?
Ring signatures obscure the sender among a set of possible signers, stealth addresses hide the recipient, and confidential transactions hide the amount. All three are mandatory, not optional.
Why has it been delisted from exchanges?
Regulated venues in several jurisdictions have removed privacy coins to satisfy transaction-monitoring requirements they cannot meet with a fully opaque chain.
Does that affect its market behaviour?
Yes. Reduced venue access means thinner liquidity, and regulatory news moves it in ways that do not affect the rest of the market.
Is optional privacy weaker than mandatory privacy?
Generally yes. If only some users hide their transactions, the private set is small and stands out. Monero's approach makes every transaction private so there is nothing to single out.
Market cap decides how big a bubble is drawn, so rank is what places XMR on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #15 | Zcash (ZEC) | $8.67B |
| #17 | Monero (XMR) | $6.59B |
| #92 | Beldex (BDX) | $619.71M |
| #100 | Dash (DASH) | $534.63M |
| #270 | Horizen (ZEN) | $99.27M |