Monero Tops $500 for First Time Since 2021 as Zcash Stumbles
Monero surged past the $500 mark on Sunday — the first time the privacy-focused coin has traded above that level since 2021 — as Zcash underperformed and broader crypto risk appetite remained modestly supportive. The move drew fresh attention to privacy assets, with XMR benefiting from higher intraday volume and renewed speculative interest after months of consolidation. Despite the rally, technical risk is visible: history shows XMR has repeatedly stalled near record highs, and analysts point to the $500–$520 band as a key supply zone. A decisive daily close above that range would increase the odds of a sustained advance, while rejection could prompt a swift pullback. For traders and investors, monitoring volume, closes above resistance, and any flow shifts away from ZEC will be critical indicators of whether this breakout has legs.